Friday, April 16, 2010

Abacus

After hearing about the shenanigans that Goldman Sachs engaged in with their investment "deals" called Abacus, it occurs to me that as punishment for all of their transgressions henceforth all investment banking and trading operations should be restricted to those where all of the relevant financial calculations can be personally performed by bank staff using an... abacus. Yes, a real abacus. Maybe that will teach them a sense of humility and decency.

Oh, and make them write out all of their deals in longhand.

Computers are great tools for improving society. They should not be allowed to be used to harm society.

Oh, and the government should take away their Blackberrys while we're at it.

-- Jack Krupansky

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