Business news without the bullshit

Goldman Sachs resignation letter

Wall Street Journal waters it down

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More junk reporting from the lame stream media

Notice that instead of addressing the issue - the collapse of Goldman Sach's business culture - the Wall Street Journal and other news outlets talk about the "media phenomenon" of ex-Goldman Greg Smtih's resignation letter.

In case you missed the real story... Goldman lit the fuse to fraudulent Internet IPO boom of the 90s, was central to the multi-trillion dollar mortgage fraud industry of the 2000s, and helped wire Greece, and thus the entire world financial system, for implosion with loans made on a fraudulent basis.

But the Wall Street Journal talks about Greg Smith's "15 minutes of fame" instead.