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Random Link: I Knew Those Somali Pirates Looked Familiar…

April 27th, 2010 · 6 Comments
Just For Fun · Random Links

Hey, remember those Somali pirates from a while back? Apparently they are a subsidiary of Goldman Sachs. *snicker* From Andy Borowitz, via Consumerist:

The pirate, who said he earned a bonus of $48 million in dubloons last year, elaborated on the nature of the Somalis’ work for Goldman, explaining that the pirates forcibly attacked ships that Goldman had already shorted…

…The pirate acknowledged that they merged their operations with Goldman in late 2008 to take advantage of the more relaxed regulations governing bankers as opposed to pirates, “plus to get our share of the bailout money….”

Here’s a picture, in case you needed further evidence:

Actually, the best part of this isn’t the article itself so much as the follow up observations:

  • The commenters at Consumerist, at least the early ones, don’t seem entirely sure that the article is supposed to be funny. I think that this just goes to show that people will believe anything about Goldman Sachs nowadays.
  • It looks to me like perhaps Goldman Sachs has been reading Peter Leeson’s book on the economics of pirates.
  • I did a Google search for Somali pirates in order to link you to some backstory, and one of the sponsored links that came up was for “Lloyd’s List on Piracy.” Well, there’s an unfortunate name coincidence for Lloyd Blankfein if I ever saw one…
  • In related news…Lloyd Blankfein and Lex Luthor – separated at birth?

Tags: Just For Fun · Random Links

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