From Clusterstock:

You can stop sending us emails about it now. A 6.5 hour train ride this weekend afforded us the luxury of reading Matt Taibbi's controversial Rolling Stone story on Goldman Sachs (GS).

The basic argument is that Goldman Sachs has orchestrated every major bubble, from the internet boom, to last year's oil spike, and of course the housing bubble...

We'll say, however, that the story is really not meant for an audience interested in a discussion of financial markets, as evidenced by his rhetorical style (almost everyone is simply an "asshole"), and his ridiculous leaps in logic (e.g. Goldman lowering its IPO underwriting standards created the .com bubble... and that explains how Nortel had a peak valuation of over $300 billion, how?).

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