Russell Brand makes mincemeat of Paxo

An impressive attack on the political class, inequality, corporate greed, environmental irresponsibility and much else by Russell Brand. Great stuff. Many readers may be irritated by the fact that he has never voted – is that an indication of an anti-politics stance? – but he certainly makes mincemeat of Paxman. Judge for yourself – watch the video or read the transcript (thanks to Ben Folley): Continue reading

Goldman Sachs exposes the whole rotten investment bank ethos

Perhaps we should be grateful to Goldman Sachs. It is so brazen in its greed and ruthlessness that it exposes the ugly face of capitalism far more crudely than its detractors ever could. Now we have the resignation letter of one of its executive directors, Greg Smith, to confirm from the inside what Goldman is really like. His main charge could hardly be more damning, that Blankfein the chief executive and Cohn the president had “lost hold of the firm’s culture on their watch”. Continue reading