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Department of Faint Praise

Time's Justin Fox on Goldman Sachs:

So yes, it's fair (if unpleasant) to liken Goldman, as Taibbi does, to a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money," but that's true of all investment banks and a lot of hedge funds too. Goldman's just better at it.

Definitely something your parents would be proud of.

On a related note, I, like Kevin Drum, am confused by Time Magazine's evident desire to persuade people to stop reading their content. They now have partial-text RSS feeds paired with partial-text blog home pages. It's as if they think the fun part of the Internet is waiting for pages to load.

By Ezra Klein  |  July 15, 2009; 6:12 PM ET
Categories:  Financial Crisis  
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Next: The Economics of Suicide

Comments

""On a related note, I, like Kevin Drum, am confused by Time Magazine's evident desire to persuade people to stop reading their content.""
Of course, this would be more convincing coming from you if the WaPo's blogging system weren't so cumbersome - for example, if it had better formatting for viewing on mobile devices, and if commenting didn't require registering and logging in. And, most important of all, if the commenting system permitted simple html like blockquotes or hyperlinks.

Posted by: WarrenTerra | July 15, 2009 7:10 PM | Report abuse

The comments to this entry are closed.

 
 
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