In 1997, Fair Wayne Bryan was convicted of stealing a pair of hedge-clippers. He was given a life-sentence because of other minor thefts. He was paroled from Angola prison in late 2020.

nbcnews.com/news/us-news/b…

1/
In 2015, a conspiracy involving the Malaysian "tabloid party boy" Jho Low and a clutch of Goldman Sachs bankers stole and laundered $4.5b from the country's 1Malaysia Development Berhad fund (#1MDB).

nbcnews.com/business/busin…

2/
The multibillion dollar crime toppled the Malaysian government, but Goldman Sachs maintained that this was the result of a couple of rogue elements, despite evidence that the rot went all the way to the top.

thestar.com.my/business/busin…

3/
Goldman Sachs is a repeat offender. It played a key role in the mass financial fraud that triggered 2008's Great Financial Crisis, then used bailout money to pay giant bonuses to the top execs that presided over the fraud.

en.wikipedia.org/wiki/Goldman_S…

4/
The company has a long history of manipulating stock prices with bribes and kickbacks. Its frauds led to the collapse of the Greek economy. It underwrote California state bonds, advised its clients to short those same bonds, and made a fortune.

5/
It's an insider trader. A fraudulent securities issuer. A commodity price manipulator that specialized in manipulating food staple prices, triggering global famines.

Those are its good points.

6/
Goldman's CEO since 2018 has been @DavidSolomon. His base compensation (which only accounts for a fraction of his total take-home) is $27.5m.

This week, the board cut Solomon's base pay to $17.5m.

cnn.com/2021/01/26/bus…

7/
The cut was triggered by a $3b fine over 1MDB. Solomon's "leadership" was part of a string of multibillion-dollar thefts and frauds that cost his employe $3b and his punishment is a $17.5m payday.

8/
Fair Wayne Bryan served 23 years in a federal pen for stealing a pair of hedge clippers. He is still a convicted felon, on parole for his life sentence.

Goldman Sachs is still in business and its C-suite have been punished with multimillion-dollar payouts.

eof/

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Cory Doctorow #BLM

Cory Doctorow #BLM Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @doctorow

29 Jan
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Read 6 tweets
29 Jan
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Read 5 tweets
29 Jan
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
Read 26 tweets
29 Jan
The world is beset by urgent, fantastically technical challenges - vaccine logistics, financial misconduct, geoengineering proposals and fights about what we should eat and how we should get from A to B.

1/ Image
These are thorny problems. Getting them right is urgent - and hard. Not just because these are complicated questions, but also because there are powerful, monied people who benefit when we get them wrong, and they pay handsomely for doubt.

2/
Worse: many of these problems involve far-off, probabilistic consequences for actions we're taking today: "If we don't do something about climate change, your grandkids will experience some bad stuff. Probably. Maybe not yours. Someone's though."

3/
Read 23 tweets
28 Jan
Today's Twitter threads (a Twitter thread).

Inside: Mexican indigenous telco wins spectrum fight; How apps steal your location; Understanding /r/wallstreetbets; Knowledge is why you build your own apps; and more!

Archived at: pluralistic.net/2021/01/28/pay…

#Pluralistic

1/ Image
Join me this afternoon for the launch of the print edition of my 2020 book HOW TO DESTROY SURVEILLANCE CAPITALISM!

medium.zoom.us/webinar/regist…

2/ Image
Mexican indigenous telco wins spectrum fight: First Nations treaties do not sign away electromagnetic franchises.



3/ Image
Read 27 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!