On Goldman's Fascination With Pimping And Prostitution

Overnight, the NYT's Nicholas Kristof penned an article which exposes Goldman, already deeply embroiled in muppetgate damage control, as being a 16% indirect owner in Backpage, an "emporium for girls and women - some under age or forced into prostitution... which has 70 percent of the market for prostitution ads, according to AIM Group, a trade organization." Up until now Backpage, shielded by its Village Voice Media which owns it, and is also a private company, has had its ownership structure far from the public's view, until now that is. Kristoff writes: "Village Voice Media has been able to resist pressure partly because, as a private company, it doesn't disclose its owners. But I've obtained documents that, with some digging, shed light on who's behind it... The two biggest owners are Jim Larkin and Michael Lacey, the managers of the company, and they seem to own about half of the shares. The best known of the other owners is Goldman Sachs, which invested in the company in 2000 (before Backpage became a part of Village Voice Media in a 2006 merger)." Probably more interesting is the firm's response when confronted about this previously unknown stake: "Goldman Sachs was mortified when I began inquiring last week about its stake in America's leading Web site for prostitution ads. It began working frantically to unload its shares, and on Friday afternoon it called to say that it had just signed an agreement to sell its stake to management."

Needless to say it is difficult to make any extended ethical conclusions based on an isolated incident of what may have been simply a forgotten legacy position, although Kristof does try "for more than six years Goldman has held a significant stake in a company notorious for ties to sex trafficking, and it sat on the company's board for four of those years. There's no indication that Goldman or anyone else ever used its ownership to urge Village Voice Media to drop escort ads or verify ages. Elizabeth L. McDougall, chief counsel for Village Voice Media, told me Friday that she was "unaware of any dissent" from owners."

Yet some may be surprised to learn that this is not the firm's only expansion into the world of monetized prostitution. As the chart below shows, as of Q4, 2011, the firm also happens to be the top ten owner of Adult Friend Finder (Nasdaq: FFN), a company which recently went public, and which is nothing more than a porn portal for women, who can sell their "assets" to the highest bidder (and where any men members have to pay a monthly fee). Of course, the firm's own vision of itself as an adult Facebook is slightly different, if not supported by its share price which has been a one way ticket down ever since going public in May of 2011.

And while Goldman may be forced to dump its stake in Backpage now that the firm is about to find itself in "pimpgate" courtesy of the NYT, we wonder why it is that it was the only major firm adding to an Adult Friend Finder stake (which it built up entirely in Q4, 2001) in the last trading quarter?

So just to make the life of Lucas van Praag's (whom we had gotten quite fond of in the past few months) replacement, one ex-Tim Geithner assistant Jake Siewert a little more complicated, we would like to ask: just what is the firm's Internal Rate of Return when putting its money into websites encouraging pimping and prostitution? Such as this one:

Finally, and what everyone really wants to know, is do Goldman employees get some sizable discounts when spending money on minority investments?

Comments

[killallthefiat]

America can get f'ed by Goldman in more ways than one

[AnonymousAnarchist]

A non-MSM source taking Tom Friedman or Nick Kristof seriously? This is zerohedge's April Fools, right? See "Let's talk about sex (trafficking)" via In Case You Missed It.

[macholatte]

Here it comes.........

Under legislation expected in next month's Queen's Speech, internet companies will be instructed to install hardware enabling GCHQ – the Government's electronic "listening" agency – to examine "on demand" any phone call made, text message and email sent, and website accessed in "real time", The Sunday Times reported.

Internet activity 'to be monitored' under new laws

http://www.telegraph.co.uk/technology/news/9179087/Internet-activity-to-be-monitored-under-new-laws.html

[Skip]

Elana Kagan and other appointees from Democrat Presidents believe that certain political speech, i.e. that which they do not agree with, think Angry White Men speech, is not protected by the 1st Amendment.

Just add in the Matthew Shepard Hate Crime Prevention Act and you have THOUGHT CRIMES ala Orwell.

So why did so many American die fighting Hitler?

[Flocking swans]

How many died? I have no idea how many Americans died fighting Hitler. School only taught us how many jews died.

[macholatte]

Clearly, you were not a very good student.

We are all born ignorant, but one must work hard to remain stupid.
Benjamin Franklin

[Jumbotron]

We are all born ignorant, but one must work hard to remain stupid.

Righteous statement, dude !

So that's where the supposed productivity gains are coming from in Amerika.

[economics9698]

I thought this was a blog about Yids and porn.  Imagine Yids fucking whores, who would have thought of that!  I am confused.

[FEDbuster]

The SEC is investigating this relationship very closely, laptops with bigger screens have been ordered.

[The Big Ching-aso]

Consensual sex where money's involved vs ass-rape where money's involved.  I think that's where Goldman's cumming from.

[StychoKiller]

Whoa, dyslexia dood!  That was "bigger screams from closely-held SEC laptop relationships!" :>D

[Jumbotron]

"How many died?  I have no idea....."

Well....it's your own damn fault for not knowing.....certainly not a Jew's fault.....

For the record

Total American Deaths in WW II:  405,399

Total Wounded and Dead:  1,076,245

[economics9698]

Did anyone in American high schools have a history lesson on the Holodomor?  I took Russian History and it was not in there.  Why the fuck not!

Why the fuck was the Holodomor not in American history books mother fucker?

We fucking know why.

Fuck off with your shit.

[Disenchanted]

exactly! the only thing now in American school history books is endless browbeating about THE holocaust.

bravo e9698, it's time we stop being silent about the puppeteers in this freak show once known as the USA.

btw Americans stay tuned, you'll be the leading characters(victims) in Holodomor II(or in 'Bolshevik Revolution' II)...if you don't get your heads out of your asses soon.

[Jedi Longsabre]

Your right 9698. The Russians have scrubbed that one clean. They were smart enough not to videotape the Holodomor like the Nazis did the Holocaust.

"Uncle Joe" Stalin killed between 2-12 million Ukrainians by starvation. In the second most productive farmland in the world (midwest being #1)

You don't see the Ukrainians having a hissy fit when the Holodomor is mentioned either because they are really tough people. But this is seriously the biggest story never told.

[Think for yourself]

because he wanted to encroach on their turf

[ToNYC]

The Lone Nut meets the Single Victim: a recipe for the Serial Police. This is far from the Breakfast of Champions, but an invitation to the free FEMA camp where the discounts and coupons grow to meet the hopes and desperations.

[ChrisFromMorningside]

I was under the impression that Elena Kagan IS an Angry White Man, so why is she trying to limit their speech?

Oh ... she's Jewish? Sorry, Angry Jewish Man*.

[Nassim]

It essentially gives them carte blanche to blackmail anyone who is married or working for a large firm/government and who passes time at these sites. Let's be frank, we all do to a greater of lesser extent. It is a honeypot trap - pure and simple.

[rwe2late]

 Trafficking, but no mention of the US client states of Saudi Arabia and Kosovo? No mention of the destitution caused by military invasions and the R&R centers established for the occupation forces?

Kristof is a mouthpiece for the establishment whose alleged plan to save the "innocent", is yet another false war. 

He is advocating another war, one of prohibition against  those engaged in adult consenting sex, or even advertising about it. Conveniently for some, it would provide another reason to practice censorship, to fill the prisons, to blackmail politicians, all in order supposedly to protect the "children".

Haven't we had enough of these "wars" to realize they only worsen the situation and wind up producing even more victims? Why do they? Because the primary motivation, no matter the rationalization, is always the acquisition of more power, more "control", always for the "good" of others. Thus "terrorists" have morphed into "activists" and an expansive police state that promotes terror abroad. The "Drug War" has grown to a prison industry incarcerating millions while the CIA, banks, and drug lord allies reap billion$.

Should we be surprised Kristol is NOT advocating legalization of the sex trade(which would also allow the myriad laws protecting children to be better enforced)?

Should we be dismayed if a proclaimed libertarian jumps on the Kristol bandwagon in order to take a cheap adolescent shot at Goldman Sachs?

There is plenty to condemn Goldman Sachs for, but this attempted smear (for indirect investment no less) only makes the critics appear most foolish.

[constitutionalist]

Talmud

[Disenchanted]

Talmud + Protocols(with some word swaps by me...).

Anyone who reads the following quote objectively can see that that these concepts, ideas, and practices(especially those I've bolded) contained in 'the Protocols' are in play in today's world. But these things are not something new nor exclusive to our modern day world, and have been around for ages. At one time there could have been The Protocols of the Learned Elders of Sumer, Ancient Egypt, Babylon, Harappa, etc., etc.. Barring natural disasters I would wager that similar documents to 'the Protocols' have been the blueprints for the cause of the fall of many preceding great civilizations.

Protocol II

1. It is indispensable for our purpose that wars, so far as possible, should not result in territorial gains: war will thus be brought on to the economic ground, where the nations will not fail to perceive in the assistance we give the strength of our predominance, and this state of things will put both sides at the mercy of our international AGENTUR; which possesses millions of eyes ever on the watch and unhampered by any limitations whatsoever. Our international rights will then wipe out national rights, in the proper sense of right, and will rule the nations precisely as the civil law of States rules the relations of their subjects among themselves.

2. The administrators, whom we shall choose from among the public, with strict regard to their capacities for servile obedience, will not be persons trained in the arts of government, and will therefore easily become pawns in our game in the hands of men of learning and genius who will be their advisers, specialists bred and reared from early childhood to rule the affairs of the whole world. As is well known to you, these specialists of ours have been drawing to fit them for rule the information they need from our political plans from the lessons of history, from observations made of the events of every moment as it passes. The Sheeple are not guided by practical use of unprejudiced historical observation, but by theoretical routine without any critical regard for consequent results. We need not, therefore, take any account of them - let them amuse themselves until the hour strikes, or live on hopes of new forms of enterprising pastime, or on the memories of all they have enjoyed. For them let that play the principal part which we have persuaded them to accept as the dictates of science (theory). It is with this object in view that we are constantly, by means of our press, arousing a blind confidence in these theories. The intellectuals of the Sheeple will puff themselves up with their knowledge and without any logical verification of them will put into effect all the information available from science, which our AGENTUR specialists have cunningly pieced together for the purpose of educating their minds in the direction we want.

DESTRUCTIVE EDUCATION

3. Do not suppose for a moment that these statements are empty words: think carefully of the successes we arranged for Darwinism, Marxism, Nietzsche-ism. To us Archons(authorities)*, at any rate, it should be plain to see what a disintegrating importance these directives have had upon the minds of the Sheeple.

4. It is indispensable for us to take account of the thoughts, characters, tendencies of the nations in order to avoid making slips in the political and in the direction of administrative affairs. The triumph of our system of which the component parts of the machinery may be variously disposed according to the temperament of the peoples met on our way, will fail of success if the practical application of it be not based upon a summing up of the lessons of the past in the light of the present.

5. In the hands of the States of to-day there is a great force that creates the movement of thought in the people, and that is the Press. The part played by the Press is to keep pointing our requirements supposed to be indispensable, to give voice to the complaints of the people, to express and to create discontent. It is in the Press that the triumph of freedom of speech finds its incarnation. But the Sheeple States have not known how to make use of this force; and it has fallen into our hands. Through the Press we have gained the power to influence while remaining ourselves in the shade; thanks to the Press we have got the GOLD in our hands, notwithstanding that we have had to gather it out of the oceans of blood and tears. But it has paid us, though we have sacrificed many of our people. Each victim on our side is worth in the sight of Yaldabaoth* a thousand Sheeple.

unedited version here: http://educate-yourself.org/cn/protocolsofsion.shtml

*Who are the archons and Yaldabaoth? see here: http://www.gnosis.org/naghamm/hypostas.html (excerpt below)

I see the head Archon Yaldabaoth(aka Samael, Yahweh, Jehovah, God, Allah, etc., etc.) as the real brains behind things such as the Protocols. I exchanged the word GOYIM with Sheeple in the quote from the Protocols above, but in some of the instances the word Humanity may have been a better option. The Archon(s) envy and hate Humanity and seek its destruction.

That portion of modern day Jews who might think they will control the world through their banking, finance, and geo-political machinations are only misguided little puppets themselves...of the Archon(s).

But I said, "Sir, teach me about the faculty of these authorities - how did they come into being, and by what kind of genesis, and of what material, and who created them and their force?"

And the great angel Eleleth, understanding, spoke to me: "Within limitless realms dwells incorruptibility. Sophia, who is called Pistis, wanted to create something, alone without her consort; and her product was a celestial thing. A veil exists between the world above and the realms that are below; and shadow came into being beneath the veil; and that shadow became matter; and that shadow was projected apart. And what she had created became a product in the matter, like an aborted fetus. And it assumed a plastic form molded out of shadow, and became an arrogant beast resembling a lion. It was androgynous, as I have already said, because it was from matter that it derived.

Opening his eyes, he saw a vast quantity of matter without limit; and he became arrogant, saying, "It is I who am God, and there is none other apart from me". When he said this, he sinned against the entirety. And a voice came forth from above the realm of absolute power, saying, "You are mistaken, Samael" - which is, 'god of the blind'.

And he said, "If any other thing exists before me, let it become visible to me!" And immediately Sophia stretched forth her finger and introduced light into matter; and she pursued it down to the region of chaos. And she returned up to her light; once again darkness [...] matter.

This ruler, by being androgynous, made himself a vast realm, an extent without limit. And he contemplated creating offspring for himself, and created for himself seven offspring, androgynous just like their parent. And he said to his offspring, "It is I who am god of the entirety."

And Zoe (Life), the daughter of Pistis Sophia, cried out and said to him, "You are mistaken, Sakla!" - for which the alternative name is Yaldabaoth. She breathed into his face, and her breath became a fiery angel for her; and that angel bound Yaldabaoth and cast him down into Tartaros below the abyss.

[LetThemEatRand]

"Should we be dismayed if a proclaimed libertarian jumps on the Kristol bandwagon in order to take a cheap adolescent shot at Goldman Sachs?"

No.  Every self-proclaimed libertarian I have ever met is a complete hypocrite when their own financial interest, sense of morality, or other selfish interest is at stake.  Most of the guys running TBTF banks and military suppliers etc identify themselves as libertarians who hate regulation, government, etc., and they would tell you that they feed at the trough because they are merely taking advantage of the sheep who are dumb enough to let them.   

[Lednbrass]

Besides the many voices in your head, come up with one shred of credible evidence that the people running TBTF banks and military suppliers identify themselves as libertarian. Something real, not a made up post from bipolarmoonbatsrusdotcom.

If not, shut your frothing pie hole- and drink a quart of Drano. You are a stupid person.

[Lednbrass]

What the hell do Kosovo and Saudi Arabia have to do with GS owning sizable stakes in the porn industry? Nothing whatsoever. What does war have to do with it? Nothing whatsoever, However, because youre a mentally disturbed lefty in a state of perma-outrage, you bring in things entirely unrelated to the subject then run around shrieking with your hair on fire.

The subject is GS ownership stakes in things porn related, period. Not war, not Kosovo, not Saudi Arabia, not hookers of the world, not Kony, not blood diamonds or whatever other bullshit is in your head.

Now go pop another of whatever pill helps you keep your tenuous grip on reality you fucking idiot.

[rwe2late]

because youre a mentally disturbed lefty in a state of perma-outrage … you fucking idiot.

The “connection” to GS is that adult sex advertising is no basis for a smear, either by Kristof or ZH.

The connection to Kosovo and militarism is that Kristof hypocritically advocates the very policies which generate sex trafficking.

The connection to libertarianism and policing is that the initial (and inevitably expansive) “solution” Kristof advocates is advertising censorship and continued repression of consensual adult activity, i.e.  more imprisonment. In no way does the continued illegality of the sex trade protect either sex trade workers, their clients, or society. Just as with the drug Prohibition war, illegality only strengthens the hand of the most unsavory exploiters.

 Thanks for giving me an opportunity to further clarify my comment.

If only all Americans shared the kind of logic and tolerance you exhibit in your remarks, ... the bar for conducting discussion would be impossible to raise higher.

[beaker]

When you see that trading is done, not by consent, but by compulsion.
When you see that in order to produce, you need to obtain permission from men who produce nothing.
When you see that money is flowing to those who deal, not in goods, but in favors.
When you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you.
When you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed.
–Ayn Rand, 1958

[TruthInSunshine]

Goldman strokes their Muppet clients in more ways than one, bitchez

Pound them in the ass on the way in, and after they bleed rectally, charge them for a reach around when they're on their way out.

By the way, I wonder how many senators, representatives in the house, and other 'lawmakers' have given Goldman useful and quite blackmail-able information to via the use of these prostitution networks?

That's Goldman, so far ahead of those who in 'the service of their constituents,' that it's scary.

http://www.youtube.com/watch?feature=player_detailpage&v=oPOmbEpIO7c#t=17s

http://www.youtube.com/watch?feature=player_detailpage&v=ykAQPycjhpM#t=25s

Is Goldman Sachs, Pimpin', gonna have to choke a bitch?

[JohnKozac]

SEC is probably one of their heaviest subscribers.

[I am Jobe]

VIP card from GS. All taken care off. SEC is stressed and need the downtime.

[Normalcy Bias]

Watching porn at the office all day can wear a guy out!

[Zero Govt]

Indeedy, and what better way to chill-out from a days porn surfing at the SEC than calling Goldmans to arrange a quickie on the way home

[TruthInSunshine]

Goldman has a list of VIP Clients, especially those in government or regulatory agents, who have used any of the multitudes that are their pimp services, and they will pull out and discreetly drop the dime on anyone threatening them, using their paid shills that they have on staff at the desks of many newspapers around the world at a moment's notice.

It all reminds me of the dead prostitute at one of the Corleone run brothels at the hands of one Senator Pat Geary in The Godfather, if you know what I'm talking about.

[prole]

Client number 9: there's a young lady in the office who's been asking for you?

[Bob]

Hey, Spitzer may be able answer to that. 

BTW, after a few years of rehab while sitting the bench in the Bush League, he's been getting a whole lot more feisty recently and just replaced Olbermann on Current TV at 6PM.

[LetThemEatRand]

Now we know how Spitzer's banker foes got him busted and disgraced for hiring a prostitute -- they owned the escort service.

[nmewn]

Yeah, put a gun to his head and forced him to call...sure.

[slaughterer]

GS really ought to Short their shares and take themselves private at this point.

[back2basics]

techniclly wouldn't you be the one f'in them? 

[Muddy1]

According to the chart Blackrock, Fidelity Investment, and Citigroup are also big investors.

[Muddy1]

Let's not overlook ZH taking money from AnastasiaDate.com (see top of page the ad may still be there), and Sugar Daddy

[i-dog]

errmm ... ZH has no control over which ads Google sends you (only your own surfing habits do that!) and ZH has no way of filtering Google AdSense ads at your browser, even if they wanted to.

[StychoKiller]

http://www.mvps.org/winhelp2002/hosts2.htm  Killz Adz DEAD!

[i-dog]

Yeah, I know ... it's called 'personal responsibility'.

I add the main trackers to the HOSTS file and use Chrome with AdBlock and DoNotTrack+ plugins. Then, just for overkill, I occasionally switch to IE for infrequent surfing of sites that I don't wish Chrome to track in the History. So I rarely see an ad ... certainly none pushing Asian or Russian girlfrends (unfortunately!).

According to DoNotTrack+, this very page is trying (and failing) to track me via:

• Twitter Badge
• Google AdSense
• Google Analytics
• StatCounter

As a comparison, Drudge is trying to track me via:

• Rubicon Project
• Comscore Beacon
• Quantcast

Notwithstanding all that, I also assume that everything I do on the net is being tracked anyway! But I don't actually care ... because, if they really wanted to arrest me for anything, they would just make up what they didn't have!

[Acorn10012]

Been awhile since seeing the Sugar Daddy ad...not sure how the Over Achiever CD ad came up for me. Who on ZH is shopping for CDs?

[Eclipse89]

Need a bitch, muppetz?

[Son of Loki]

MuppetDollz.org...

...and watch your derivative grow....

[GeneMarchbanks]

Pimping ain't easy. Especially now that morality is back in a bull market.

[vast-dom]

so not surprised about this. if you only knew the average jock frat boys that work at goldman and other banks -- this is all to be expected, really. In fact, any public company that is porn related SHOULD be owned by firm like Goldman. People, don't be naive!

I'm almost tempted to look for some whores i see around on this Goldman site, but i doubt they use their real names in real life and on them listings, you know, the one's that look up their client's IRS records before they "date" them ;p

[Seorse Gorog fr...]

Online prostitution. Gotta love the interwebs

[DosZap]

We have a regular here nothing but a sex for sale site.

U got the cash, we supply the gash.

Sad that its here.

[ZeroPower]

Ah yes, a market for something people want and pay for! Shocking, truly shocking.

How does Germany/Holland/insert random EU country ever live with this?

[williambanzai7]

Bald Submissive 50 Something Squid Gimp Looking For Public Humiliation

[yabyum]

Rum, sodomy and the lash ye muppets

[flacon]

That's just wrong. You need a WARNING sign - my eyes!!!

[Seorse Gorog fr...]

Stuffed pig (at both ends)

[nmewn]

ROTFL!!!...the money shot ;-)

[Yes We Can. But...]

Bullzai!

[wee-weed up]

Gotta love that "Ben" tattoo on Geithner!

[Phaethon]

Wow!  You've really outdone yourself this time.

[Dingleberry]

"Wake up the gimp".....Zed

[StychoKiller]

Inquiring mindz gotta know:  WHO's legs are those?!

[Melenias]

ROE > anything for GS and bankers alike, should it be for their clients' sake, ethic or even their own soul. Money and power is the only value they recognize

[slewie the pi-rat]

didn't DSK have a piece of one of these?

[Normalcy Bias]

DSK (allegedly) rolled with a strong pimp hand...

http://www.forbes.com/sites/afontevecchia/2012/03/26/dsk-indicted-for-ag...

[john39]

just doing "god's" work.   just pay attention to who or what they consider "god".

[BigDuke6]

DSK, the IMF, Goldman, online casinos and whoring.

its all Jewish controlled.

its just a fact.

its a web.... when i picked up my bullion the other day the office was full of them.

they are smart people and its all too easy 

taking candy from a goyim

[Ripped Chunk]

Goldman expense voucher line item 16c (16b is dues paid to The Cub Scouts)

[ebworthen]

Many on Wall Street don't care where the money comes from as it is their God, their Yaweh, their Mammon.

Talking about morality and ethics is to them quaint, something reserved for Sundays with Mother or a Press Conference.

Fear only finds it's way into their impulsive dark ids and limpid hearts when their machinations are exposed to the light of day.

[nah]

now theirs and adult facebook... glad i stayed away for the one for kids

[williambanzai7]

[GeneMarchbanks]

I was let down by the last sentence.

[francis_sawyer]

Timmeh lookin' 4 the gay dutch oven...

[NoClueSneaker]

Timmay has Larry Summers on speed dial. Mo Harvard ?

[l1b3rty]

JP Morgan just got busted for this too, if i am not mistaken. Think about the sick things which must go on among the elitist of the elite

http://silvervigilante.com

[Amish Hacker]

What a surprise: the arrogance of power expresses itself in the sexual, as well as the financial, arena.

[tamboo]

Incest Survivor Exposed Illuminati Satanists 

They drink blood and eat babies amongst other things.

[spiral_eyes]

"Adult Friend Finder (Nasdaq: FFN), a company which recently went public, and which is nothing more than a porn and prostitution portal for women"

Many ZH members know this first-hand. 

[theMAXILOPEZpsycho]

don't knock it...I got laid twice thanks to that site. One was amazing!

[williambanzai7]

[GeneMarchbanks]

For the second time, I was let down by the last sentence.

[nmewn]

Me too...seems discriminatory.

[JohnKozac]

The Porn Industry Asks for Federal Bailout Funds

http://www.cwfa.org/articledisplay.asp?id=16246&department=BLI&categoryi...

[tamboo]

startpage sez:

Your search - jews pornography - did not match any documents. Suggestions:

• Make sure all words are spelled correctly.
• Try different keywords.
• Try more general keywords.
• Try fewer keywords.

[UP Forester]

Try:  Rabbi Organ Trafficking.

[Disenchanted]

put a comma after Jews...

http://www.ask.com/web?qsrc=2417&o=20010&l=dis&q=jews%2C+pornography

[NoClueSneaker]

Freakin' Ted Bundy nostalgia :-P James Dobson has a DB of potential candidates.

[krispkritter]

Goldman Sex...We Love You Long Time(TWX)...(C'mon, you know you want it...)

[rlouis]

How long until GS hit bottom?  Will laundering drug money and selling arms to Mexican drug cartels be next, or has that already been shown?

[vast-dom]

Goldman has been laundering cartel money for DECADES, come on people stop being so naive!!!! 

If drugs were legalized the markets would crash in no time. ex-CIA have gone on record that they were moving drugs and laundering money.

[Cathartes Aura]

and abducted children for sexual markets - oh wait, they've yet to admit that, ^{through the *cough* blue helmets of piece, er peacekeepers.}

but ya gotta love porn, amirite ZHedgers?

[tamboo]

no wonder ibogaine is illegal.

[stock trout]

This is the first time I've read a post about Goldman Sachs in which I truly understand the business model and how a profit is made.

[JohnKozac]

"New York mayor Michael Bloomberg rose to Goldman's defense saying its Chairman and CEO Lloyd Blankfein was "trying to lead this firm at a time when God couldn't lead it without being criticized."

Michael Bloomberg's defense of Goldman was unfortunate in its choice of words. Blankfein came under fire in November 2009 for his quip in London's Sunday Times for saying he was doing "God's work." We all know how busy she is, so a more apt comparison (or contrast) might have been one involving another mere mortal."

Read more: http://www.huffingtonpost.com/janet-tavakoli/what-do-customers-really_b_1361754.html#ixzz1qou9v1TE

[fadgadget]

prostitution is the most honest market in which goldman engages.

[vast-dom]

fad: you are so beyond right, except that GS actually fucks up the honesty of the whoring endeavor in the manner in which it gets the funds to invest in said whore porn shit. So GS actually is sullying the porn and whoring!

[gangland]

i just wanted to post on this page xD bishes

[resurger]

Bishhhhhhhhessssssss

sup gang..

[Mondego]

I wonder if Goldman had anything to do with the political push to get Craigslist out of the prostitution game?

[Mondego]

Double post

[williambanzai7]

THE GLOBAL BANKSTA SEXICON

(Jargon used in the Symbiotic Global Financial/Sexual industrial complex)

Collected by Banzai7 Institute of Banksta Behavioral Studies

ALL NIGHT MAN: One who frequents bottle bars.

ALT A: An angle of approach.

ANALYST: John who talks too much.

ANALYST CALL: Phone sex

ARB: One who exploits price differentials for call services at different venues.

ARRANGEMENT FEE: Madam's cut.

ASSET CLASS: Quality of lady.

ATM: A regular John

BAILOUT: Session on credit.

BALLOON: Condom

BANK LETTER: A client reference

BARBARIAN: Client employed in Private equity industry.

BARBARIAN AT THE GATE: Private equity CEO soliciting services.

BARE BACK TRADER: One who does not use a condom.

BASH AND DASH: A quickie

BIG BOARD: Craig's list

BIG UGLIES: Bankers over 50

BILLABLE HOURS: Client time

BLACK BOX: Proprietary tricks of the trade.

BOILER-ROOM: Internet call girl operation.

BUCKET SHOP: Asian massage parlor.

BULL RUN: Doing it with Viagra

BEAR RUN: Doing it without Condom

FRENCH BOUDOIR: John Thain's office.

BOUTIQUE SERVICE: Specialized services

BUTTERFLY SPREADER: Client who skips around

CABBAGE STAINS & MORE LLP: Prominent Wall Street law firm

CALL DATE: An appointment.

CAP AND COLLAR: S&M session

CAR SERVICE: Session in a limousine.

CDS: Creamy delicious sex

CHURN: Foreplay

CLOSING BELL: End of session

COMMODE: In suite.

COMPOUNDING: Multiple partners in one session

CROWN JEWELS: Genitalia

DAY TRADER: Client who only books in the afternoons.

DEAD BEAT: Banker from a bailed out firm.

DEAD CAT BOUNCE: Getting it up at the end of a session.

DEPRECIATING ASSET: Effects of aging

DERIVATIVE TRADING: Exchanging clients.

DOWN-TICK: Unaroused

DSK: French kissing.

EXIT STRATEGY: Client specified happy ending

EXOTIC OPTION: Special services.

FAT TAIL: Big booty

FIBONACCI NUMBERS: Menstrual cycle

FIDUCIARY DUTY: Code of silence (imagined just like in Boardrooms)

FIRM COMMITMENT UNDERWRITING: Firm paying the bill.

FLIP OVER: Both sides

FORBES RICH LIST: Maddam's field guide

FOREX DEALER: Establishment making a market in foreign service providers.

GOLDEN PARACHUTE: Designer condom

GOING DOWNTOWN: Off to a session.

GROSS SPREAD: Ungroomed

HEDGING: Arranging two call dates on the same day.

GOING LONG: Overnight

GOING SHORT: short session

GOING TO THE PRINTERS: An all night session.

GOLDEN HANDCUFFS: Popular accessory

GREEN MAIL: First timer

HOSTILE BID: Competing bid for an appointment.

INFLATED ASSETS: Silicon enhancement.

JOHN: Client; also a well known former CEO of a well known investment bank.

LBO: The smell of a French John

LEVEL 1, LEVEL 2, LEVEL 3: Service strata

LOCK UP AGREEMENT: Exclusive use of a girl.

LUNCH OUT: Lunch session

MILE HIGH CLUB: Girls who have done tricks on French built corporate aircraft.

NAKED SHORT: Elliot Spitzer

OFF BALANCE SHEET TRANSACTION: Creative financing

OFFSHORE TRANSACTION: Out of country session 

ONE STOP SHOP: Full service provider like a universal bank.

OPENING BELL: Start of session

OUTLIER or BLACK SWAN EVENT: Deviant sexual behaviour

OUT OF THE BOX: Sex without penetration.

PIMP: Wall Street headhunter

POISON PILL: Counterfeit Viagra

POMO:  A common downtown pole dancing style

PONZI SCHEME: Using client money to pay for services.

PRIME RATE: Highest fee payable.

PRO BONO: Without charge

OTC: Over the counter Viagra

PINK SHEETS: Back section of Village Voice.

RANDOM WALK: A trick without a reference or bank letter

RATING: Bust size (DD, DDD etc.)

RATING AGENCY: Call girl operation.

RISK FACTORS: Everyone has his or her own.

ROAD SHOW: Taking the girls out on the town.

SECURITIZATION: issuing false credit card invoices for sexual services.

SMITH BARNEY: Client that likes doing it "the old fashioned way."

SPREAD: Difference between bid and asked prices.

STANDARD DEVIATION: Normal sexual behaviour.

STREET NAME: Alias identity

THE STREET: 8th Avenue

TIGER WOOD: A perpetual hard on

SUB-PRIME DEALER: Street Pimp

TIME SHEETS: Daily tally of Billable hours

2/20: Performance based fee arrangement.

TOP UP: Extra time

TRADING BOOK: Madam's list of clients.

TRADING ROOM: S&M lair

TRIPLE WITCHING: Three girls at once

UNDERWRITER: He who foots the bill

UP-SELL: Renegotiating price mid transaction.

UPTICK: Aroused

USEFUL LIFE: 30 minus age of call girl.

WATER SPORTS: Service provided on client's yacht.

WHITE NIGHT: Client who becomes spouse or boyfriend.

ZOMBIE: Banker from former Lehman or Bear Sterns, on Ambien

[I am Jobe]

Excellent. Nice  work Banzai

[williambanzai7]

Anyone have additions, please list them here.

[MrBinkeyWhat]

Can't help you. I think you covered them all. Unless we get to NASCAR and redneck references...Goats, donkeys, horses...Chickens (!).

[resurger]

European Style: Future muppet fuck

American Style: Instan muppet fuck

you mostly covered everything +1

[palmereldritch]

FIAT: Found In All Trafficking

[alfman]

CURRENCY CRISIS erectile dysfunction

[tamboo]

irrational exuberance?

[Tom Servo]

CORZINED - getting your wallet stolen during a BASH AND DASH.

[nmewn]

IPO'd: Hooker stole my wallet.

[NoClueSneaker]

HY : hoes fer Congress

PRIMARY DEALERS : US Ambassy in Ukraine, Triple Canopy, Xe, JSOCs

CORNERING OF THE MARKET : HY asset collection fer presidential race

VIX : extreme in NY p - race

REHYPOTHECATION: Goldman expects increasing productivity

HFT : Result of rehypothecation by GS

CRASH : Jamie buys Lloyd off ... and takes all of his hoes

INFLATION : GS orders hoes from PBoC

DEFLATION : Blythe Masters wants to make a dime

CONTAGION : 500 $/ hr. fer second hand GS slut

.....

meh, shooting blank(fein)s ....

[Disenchanted]

Muppet - Someone who is useless until you shove your fist up them

Muppetry - fetish sex

[The Alarmist]

You have to change the definition of Mile High Club: Frenchies only measure in kilometers, largely because they can't quite get it up as high.

[wee-weed up]

Teenie weenies, bitchez!

[I am Jobe]

How about C and BLK?

[eddiebe]

Goldman gives prostitution a bad name, and to think that if I ever wanted to rent professional services, they may be tainted by the likes of goldmens dicks makes me gag at the mere thought.

[The Alarmist]

These are investments I can get behind. Question is, why didn't Goldman bring me things like this when I was a client. Bear and Lehman (RIP) were good for hookers and blow, Goldman was good for an occasional steak.

[Sudden Debt]

Whatever you say! I don't know that website! Never seen it in my life!

[Kataphraktos]

So now the media is going to start a frenzy over each and every such prostitution-related investment by Goldman. And politicians and AGs are going to be forced to respond, much like they forced changes on Craigslist after the Craigslist killings. If they end up shutting down some or all of these, Goldman will have inadvertently complied with their mission statement.

They will have done God's work.

[jomama]

i clicked for the thong, and shuddered at seeing llyod as the gimp.

posted this about a week ago; http://www.dailymail.co.uk/news/article-2120984/Spains-high-class-hookers-ban-sex-bankers-provide-credit-cash-strapped-economy.html

one can only hope a global aristophanes's lysistrata repeat redux is next, as suggested by the top commentor..

[Cathartes Aura]

heh, it's an idea, but we all know women aren't really necessary when looking for some satisfACTION with a fistful o' fiat.

^{greek style ^^}

[Dermasolarapate...]

GS gives new menaing to the "layaway" plan:

http://www.businessinsider.com/12-times-that-being-cheap-will-cost-you-2...

[williambanzai7]

From The WilliamBanzai7 Blog

[resurger]

lol

[tony bonn]

"...some under age or forced into prostitution..."

this is a huge story which gets no coverage....an even bigger one is the homosexual prostitution rings run to service high level republicans and white house staff, going back to the bush sr administration...court cases and investigations uncovered some of it but it is centered in omaha...it still operates today....one court witness even was required to go down on barney frank - no joke...

[williambanzai7]

The people who are on a constant crusade about this stuff are typically hypocrites. Those that are not are unwilling to concede that it is impossible to wipe out the worlds oldest profession and that legalizing prostitution is the way to make it safer for the working women.

Goldman, as we all know, is indifferent as to how it earns it's profit.

Their involvement with fast buck degree providers and the student loan bonanza for example.

[Cathartes Aura]

Gold Mansacks - onomatopoeic, there's the tell.

I wonder if legalising prostitution will curb the desire for abducted children used for "in House" sex slave rings. . .

[lizzy36]

Exactly.

They just that in Ontario (or rather the Court of Appeal did that).

Legalize it, tax it, and keep everyone safe.

Then, law enfourcement efforts can concentrate on under age girls and the repulsive pimps who use them. 

There are a number of these "moral" issues that in Canada we have decriminalized. Abortion, gay marriage, legal prostitution. Hopefully marijuana will be next. Oddly we are not some out of control immoral society. Best of all our political process had not been highjacked by some silly social issues.

[Cathartes Aura]

"silly social issues" = anything that isn't serving the straight man (legailised prostitution, no prosecution).

but of course, "gay" or "abortion" - those be fringe issues the hetero-male doesn't directly benefit from, and the more-all ones want to have control over.

marijuana? of course it will be next - do white boys inhale, and more importantly, grow 'n' sell?

while I agree with you, and salute Canada's decriminalising humans, the whole "silly social issue" label has yet to be picked apart.

[blindman]

Franklin Conspiracy: Pervert Government Uses Child Sex Slaves
http://www.youtube.com/watch?v=OgRCou1AoAk

[GeorgeHayduke]

I'd say that sex and pimping are the more honest and legitimate businesses owned by the Goldman Sachs criminal enterprise.

[DeadFred]

With all due respect it was roll-on-the-floor hi-larious tosee this post juxtaposed with the Sugar-Daddy-Dating ad.

[DosZap]

If you think that's all it is for sure LOL.

As I believe it was Churchill who said, we have already determined what you are, now we just need to know the price(loosley praphrased).

[DosZap]

one court witness even was required to go down on barney frank - no joke...

Uh, DEMONCRAT, fudgepacker from W_A_Y Back.

I bet he has to wear Depends 24/7.

[The Fonz...befo...]

Most honest buck they ever made

[10044]

That's tragically and hysterically true

[monopoly]

William, too much. And the truth continues to flow here at Zero Hedge. :)))

[Alex Kintner]

Keep your friends close, and your prostitutes closer. Sonny it's just biznezzz.

[q99x2]

Another aspect to this may be an attempt at annihilation of the family by banksters/Rockefellers so that wealth is not built up over generations. A win win situation for them till now.

Parade the perverts before the people so all can see what scum they are.

Tar and Feather them.

Those perverts Bernanke and Obama are giving my money to prostitutes.

I'm going to church. That's where the AA meeting is held.

I'm giving this to the Higher Power. It thrives on this kind of fertilizer. Turns it into all kinds of marvelous positive things.

[ziggy59]

Sequel..Goldman does Dallas, NY, L.A., Chicago, etc

[Agent P]

I'm confused...is this supposed to make us think better or worse of Goldman?

[Jim in MN]

Well, you SAID trust real assets......................................................................................do muppets make O faces?  Don't tell me I don't wanna know.

[vegas]

Forgotten legacy position? Please, WTF do I look like? I always knew the Squid were a bunch of pimps, but more in a metaphorical sense. Hey, it's hard doing God's work here on earth. What I don't understand is how this place keeps their muppets.

http://vegasxau.blogspot.com

[Skip]

Women from Eastern Europe are routinely lured into Israel then kept as slaves in the prostitution racket. UN said Israel is probably the top White-slave nation.

Goldman Sachs have any connections there? Other than investing the Bail Out $$$ in Israeli real estate?

[Non Passaran]

How enlightened you are.
Forced prostitution thrives everywhere where legal prostitution is outlawed.
Even in Europe such cases are unfortunately everyday occurrence.
Nice try, though.

[hardcleareye]

Brothels now legal in Ontario...

http://www.theglobeandmail.com/news/national/landmark-ruling-legalizes-o...

[ThisIsBob]

Client No. 1, no doubt.

[MonkeySmoke]

just another day, doing God's work!

[bankonzhongguo]

Doing G_d's work down at the temple.

These banksters will be the death of us.

[Whoa Dammit]

As a woman I can honestly say that the only way any of those mean, ugly little goldmanites ever get laid is if they pay for it--either with prostitutes or what they have to buy for their wives. In my opinion, there's not enough money in the entire world for that.