Sunday, October 23, 2011

A Letter from Goldman Sachs
A Letter from Goldman Sachs Concerning Occupy Wall Street
New York - The following is a letter released this week by Lloyd Blankfein, the chairman of banking giant Goldman Sachs:
October 21, 2011

Dear Investor:
    Up until now, Goldman Sachs has been silent on the subject of the
protest movement known as Occupy Wall Street. That does not mean,
however, that it has not been very much on our minds. As thousands
have gathered in lower Manhattan, passionately expressing their deep
discontent with the status quo, we have taken note of these protests.
    And we have asked ourselves this question:
    How can we make money off them?
    The answer is the newly launched Goldman Sachs Global Rage Fund, whose
investment objective is to monetize the Occupy Wall Street protests as
they spread around the world. At Goldman, we recognize that the
capitalist system as we know it is circling the drain--but there's
plenty of money to be made on the way down.
    The Rage Fund will seek out opportunities to invest in products that
are poised to benefit from the spreading protests, from police batons
and barricades to stun guns and forehead bandages. Furthermore, as
clashes between police and protestors turn ever more violent, we are
making significant bets on companies that manufacture replacements for
broken windows and overturned cars, as well as the raw materials
necessary for the construction and incineration of effigies.
    It would be tempting, at a time like this, to say "Let them eat cake."
    But at Goldman, we are actively seeking to corner the market in cake
futures. We project that through our aggressive market manipulation,
the price of a piece of cake will quadruple by the end of 2011.
    Please contact your Goldman representative for a full prospectus. As
the world descends into a Darwinian free-for-all, the Goldman Sachs
Rage Fund is a great way to tell the protestors, "Occupy this." We
haven't felt so good about something we've sold since our souls.
Lloyd Blankfein

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