Postmortem on a Whale

He claims to have a strong stomach, but the gore was almost too much for blogger Matt Levine, as he contemplated the Senate Permanent Subcommittee on Investigations report on the London Whale. “It’s an amazing, horrifying read,”says the former VP at Goldman Sachs. “Let me tell you, I worked at a bank, and I am very familiar with the approach of ‘nod, smile, agree to provide that senior person that analysis they asked for, and then never think about it again.'”