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NIEALL FARGUSON KLAXON: "I think Goldman Sachs got globalisation right" (in context, Fergy has been trying to come up with something as catchy as BRICS for the last decade). #goldmanthemovie
this draggy, boring segment is purely there to be shown to emerging market government officials as far as I can tell. #goldmanthemovie
tales of emerging market women and their Goldman recruitment stories, important I'm sure but not great television. Lloyd Blankfein said "female entrepreneurs are the best investment we can make" but later discovered CDOs #goldmanthemovie
that was a bit of FORESHADOWING by me, the next segment is called "Crisis". Time for an espresso #goldmanthemovie
ominous piano plinking as Hank Paulson says that "risk control is extremely important" and archive footage of the Beijing Olympics plays for no discernible reason. #goldmanthemovie
"There was a time when only Lloyd believed that foreign exchange would be important". As well as the PE ratio, block trading, teams, Europe and Fischer Black, Goldman Sachs invented forex #goldmanthemovie
Blankfein really stands out as a different personality type from all the other talking heads, he's lively and humourous, I don't know why they didn't use him more - possibly he wasn't on-message #goldmanthemovie
"There was ... too much leverage. There was ... bad behaviour in origination". Lloyd moves into the passive voice, a phenomenon well known to police interrogators. #goldmanthemovie
Gerald Corrigan bores on about imbalances. The contrast with Blankfein's lively delivery is painful. #goldmanthemovie. "We dealt with the mortgage situation" seems to be the only comment on that hem-hem business.
"On the whole, we managed the risks well, we didn't lose that much money". No, reputation will not be discussed in this section. Section 6 was the Reputation Section thank you very much #goldmanthemovie
ahhh right, "the public backlash" #goldmanthemovie. Now reputational risk will be discussed, thank you. per Corrigan "the fact that we did such a good job gave a false sense of security"
the attention of the crowd was drawn because Goldman had simply done so well. Everyone's a hater, so they just picked on Goldman Sachs. (Warren Buffet actually showing emotion here) #goldmanthemovie
"there's a surprising lack of understanding and a lack of a narrative from us". People didn't know what Goldman did, if they'd known they wouldn't have been so angry. #goldmanthemovie
FABULOUS FAB KLAXON! (only in a bit of footage of him walking down a corridor) #goldmanthemovie. But now we're in to "we put together a committee because we made some mistakes, adversity reveals character"
CULTURE MOMENT KIDS the reason Blankfein was such a great leader in the crisis is that he's a student of history (particularly the history of Goldman Sachs).
Poor old Goldman, if only we could understand that they are just trying to get capital to the most efficient place around the globe. On to part ten (champagne!) called "Going Forward" #goldmanthemovie
Part 10 (I thought this was going to be much shorter). TBH my hopes are low given that it is literally titled "Going Forward", a notoriously meaningless management-speak #goldmanthemovie
It's the DJ D-Sol show btw and how he aims to maintain the historic culture of Goldman while not remaining rooted in the past, going forward. #goldmanthemovie
It's all about building the Goldman Sachs of the future, going forward. Expanding the footprint to cover new clients, going forward. And the world changes at the speed of light, going forward. #goldmanthemovie
D-Sol shown with a headset at a standing desk (literally) but still going forward (metaphorically) #goldmanthemovie
Promo video for Marcus, where the people believe in being on the side of the consumer, going forward. #goldmanthemovie
the orchestral strings in the background are clearly off a "royalty free garbage for corporate videos" CD. #goldmanthemovie
An enormous amount of talented women coming up through the ranks, going forward. And inclusiveness is the right thing to do for our clients, going forward. The filmmakers are really losing the will to live here #goldmanthemovie
Lloyd Blankfein supported marriage equality during the financial crisis, apparently
This is the "deep sense of accountability, going forward" segment, for people counting CULTURE MOMENTS. "Stakeholder capitalism", even. #goldmanthemovie
And we come to an end (sorry, nearly dropped off there). "The firm has changed tremendously, but remained grounded in the same principles for 150 years". Going forward. #goldmanthemovie
Warren folksies it up again "A great football team attracts the best players" in a mid-credits sequence. #goldmanthemovie
