"People get into such difficulties with City institutions - they're laced with people with degrees of power, stuck in these huge companies, who can really mess your life up if they decide you're a stupid poof and want to putthebootin, " he says.
The political connections that earned Goldman the sobriquet Government Sachs have been loosened by the crisis. (Jon Corzine, pictured right above, who was appointed Goldman's CEO in 1994, was for a while governor of New Jersey and his successor, Henry Paulson, left, went on to become President George Bush's treasury secretary.) A press that once put Goldman on a pedestal prefers today to putthebootin.