Showing posts from March 27, 2016

The Hypocrisy of "naked capitalism"

Old bankers and old cops. Sometimes we just cling to the old ways. Today, I thought I'd comment on a blog I love to hate. I read it although there are things I despise about it. So let's just call this a review. "naked capitalism" is a blog with 77 million hits. The author, Yves Smith is actually a gal named Susan Webber. Ms Webber is a Harvard grad (business school, I guess) who became a Wall Street banker among other things- even working for Goldman Sachs at one point. Her sketchy bio and what little information it provides- tells you very little about who she actually is. You get the privileged child meme but little else. I have found over the years that people who write under pen names generally have something to hide. They are like the minions, those millions of commenters who refuse to use their real names. They do that because they want to be free of the accountability and responsibility of what they write. I get that. Free speech in America does not mean