Goldman staff arming themselves against angry proletariat

Goldman Sachs has forgotten the 21st Century version of the golden rule: you can steal from all of the people some of the time, and some of the people all of the time, but you can't steal from all of the people all of the time.

(Bloomberg) -- “I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank.
I called Goldman Sachs spokesman Lucas van Praag to ask whether it’s true that Goldman partners feel they need handguns to protect themselves from the angry proletariat. He didn’t call me back. The New York Police Department has told me that “as a preliminary matter” it believes some of the bankers I inquired about do have pistol permits.
...
Common sense tells you a handgun is probably not even all that useful. Suppose an intruder sneaks past the doorman or jumps the security fence at night. By the time you pull the pistol out of your wife’s jewelry safe, find the ammunition, and load your weapon, Fifi the Pomeranian has already been taken hostage and the gun won’t do you any good. As for carrying a loaded pistol when you venture outside, dream on. Concealed gun permits are almost impossible for ordinary citizens to obtain in New York or nearby states.
In other words, a little humility and contrition are probably the better route.

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oh this is ridiculous

Sorry, but it is....America is butt loaded with guns, if the GS folk are now doing their paranoid thing...well, welcome to America.

But they are doing "God's work"

If they are doing "God's work" then they should have nothing to fear.

RebelCapitalist.com - Financial Information for the Rest of Us.

Wrong move, Goldman Sucre

They would have actually demonstrated their much vaunted "ivy league superiority" had they done the logical thing and invested in remote automobile starters.

Still won't do them any good, though.