Twisted Goldman Sister

February 22, 2010
Regular readers of the Monologues may recall my post Benedict Arnold Kristof watch, in which I refuted New York Times columnist/mangina Nicholas Kristof’s assertion that Wall Street banks would be better off with more women, and if Lehman Brothers had actually been “Lehman Brothers and Sisters.”  Kristof’s hypothesis was that guys take too many risks.  Its not just Kristof, of course – women have made the argument, as well.

Noting that Wall Street had been a financial engine unequaled in history until the mass arrival of women, after which it soon collapsed, and that Lehmans’ CFO just before its implosion  – and who many blame for it – was an oft-underclad 42 YO woman, I made the point that what Lehman was actually short on was regular guys, like smart, even-mannered beta-male types that could effectively communicate with the generally alpha-male leadership.

The de-brotherization of Wall Street has again come to the fore in the latest phase of the global financial meltdown, the Greek debt crisis, which has been pummeling not just Greece but the Euro, with reverberations around the world.  As it turns out, in the words of The Wall Street Journal, “the architect” of Goldman Sachs’ 2001 trade with the Greek government which essentially defrauded the global financial community concerning Greece’s debt level, preventing the world from realizing that Greece was elbow-deep in it, was none other than a chick, 46-year-old Antigone Loudiadis.

The Journal describes Loudiadis as somewhat of a tyrant, and the transaction as quite risky, though, so far, it seems like, as usual, Goldman is making out like the bandit it largely is.  But unless the conspiracy theorists are right, and Goldman is above the law, it can’t be long before Goldman starts paying more of a price for shit like this.

U still stickin’ to your thesis, Kristof?

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