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Welcome, Guest
It's time to meet the muppets
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TOPIC: It's time to meet the muppets

posted 23-03-2012 10:55
Or "attend meeting with our clients" in Goldman Sachs speak (reportedly)

I'm sure there are far, far worse phrases bankers actually use to describe their customers...
posted 23-03-2012 13:20
I've always wondered where the term muppet comes from. When used as a derogatory, I mean.
When someone's used it I've interpreted it as "retarded lite", is that correct?

And what is it in the kid's show you're comparing to when you call someone a muppet? That you are like a puppet on a string? An idiot? Who's the idiot in the muppets?
posted 23-03-2012 13:27
From the current Private Eye:

"So who were these 'muppets' [to which GS referred]? One obvious contender is the British government, a long-standing client. A National Audit Office report in June 2009 slated Goldman Sachs for its work with the Treasury during the collapse of Northern Rock when the US bank collected a £4m 'success' bonus -- 'even though there was no clear definition of success'!"
posted 23-03-2012 15:47
Rogin the sunlounger fan wrote:
Or "attend meeting with our clients" in Goldman Sachs speak (reportedly)

I'm sure there are far, far worse phrases bankers actually use to describe their customers...


The Guardian, for as much as I like it, is quite adept at making a story out of just rephrasing what has been printed elsewhere. That article is a two-fer: the Greg Smith NYT op-ed from last week, and a Reuters story.
posted 23-03-2012 15:52
What's interesting about this bit is Lloyd is so paranoid that he's actually spending serious money on a firm-wide e-mail trawl.
posted 23-03-2012 16:57
I seem to recall that after the Timberwolf "shitty deal" revelations in Congress they did a similar trawl for and ban of swear words in email. Talk about missing the point.
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