I have seen the insides of a few investment banks. I don't meant to defend them or eulogize them....they are and will be, what they are.
Yet, in the context of the bad press they are getting...my heart weeps for the likes of Goldman and (by now dead and forgotten) Lehman.
Goldman, Microsoft, Google, Apple, Australian Cricket Team....all shades of the same gray. The world loves to hate a home run hitter, especially one who keeps doing it almost ubiquitously.
We mistake Ponting's confidence with cockiness, Job's nonchalance with arrogance, Gates fight back with "strong arm", and Lloyd's defense of SEC as "denial".
I can go on and on.....sometimes it helps to read "Atlas Shrugged" again.
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