Home > Finance and Economics > Corzine: You’re all jealous of Goldman Sachs

Corzine: You’re all jealous of Goldman Sachs

The former CEO of Goldman and failed former governor of New Jersey speaks:

Feb. 24 (Bloomberg) — Goldman Sachs Group Inc., the most profitable securities firm in Wall Street history, is unpopular because some people envy its performance, said Jon Corzine, the company’s former chairman and chief executive officer.

“When you’re successful it brings envy,” Corzine, 63, said today in a Bloomberg Television interview. “People are broadly frustrated with the financial institutions, and since it is the leader of the industry and has shown great success over a long period of time, I think it’s more vulnerable.”

Having lived through four, long years of Jon Corzine as governor,  it’s hard to take what he says seriously.  He is your typical limousine liberal.

But seriously, when the game is constantly rigged in your favor, it’s easy to come out on top all the time.  There’s nothing to be envious about.  I think the feeling of most of the taxpayers who helped fund Goldman’s bailout is frustration more than anything.

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