Monday, November 09, 2009

Lloyd Blankfein claims he is doing God's work

Lloyd may need to explain what God wills vs. what He allows, and then our varied and probably conflicting and incorrect perceptions of that distinction.

I don't doubt that Goldman Sachs does do good. It has even helped to finance detractors of capitalism. But it requires guarantee of payment from clients, or else a high probability of positive risk adjusted returns, and that strains the definition of 'good'. Goldman is willing to help others only if it can help its shareholders, employees and expand its network of power and position. That may be win-win proposition for its counterparties, but at the bottom line, it is still self-interest.

Goldman has stretched the truth before, and quite recently.

Lloyd, maybe you should study this and get back to us. For starters, how do you interpret and apply this as a leader with so much influence:
If you love those who love you, what reward will you get? Are not even the tax collectors doing that? And if you greet only your brothers, what are you doing more than others? Do not even pagans do that? Be perfect, therefore, as your heavenly Father is perfect.

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