I’ve been racking my brain for the easiest way to get people to understand what GS did.
The best I could come up with was Mel Brook’s “The Producers.” They purposefully tried to create the worst play ever, lose their investors money and pocket the proceeds.
Its not much of a stretch to suggest that Abacus 2007 was Goldman Sachs’ “Springtime for Hitler.”
Here’s how I would cast this:
Nathan Lane …….. Max Bialystock …. Fabrice Tourre (GS)
Matthew Broderick.. Leo Bloom ……. Lloyd Blankfein (GS CEO)
Will Ferrell ……. Franz Liebkind ……. John Paulson (Paulson & Co)