Tuesday, November 10, 2009

Bible's Bookrunners

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Last April we presented you, our dear Readers, the modern day Apostoles of the global investment banking with their gospel-like financial statements (that we have to believe in without questioning), and their miraculous ability to repay billions of bail-out money hours after they received it in order to collect their bonuses (1, 2).

We thought the message was clear but (this being the very early stage of the Balcony phenomenom) unfortunately it did not quite reach the masses, thus forcing Goldman's CEO to spell it out for the (presumably wider) Sunday Times' audience.

Well, once again you know where you heard it first...
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