Commentary on the economy, the markets, and business

The boom in squid-puppet manufacturing

This was the scene in front of Goldman Sachs CEO Lloyd Blankfein's apartment building Sunday, as photographed by TIME's Deirdre van Dyk (who came across it after running a race in Central Park). The protesters were mad about, among other things, a Goldman-backed company shutting down the Stella D'Oro biscuit factory in the Bronx and moving production to Ohio. But clearly Goldman is creating jobs in the crucial squid-puppet manufacturing sector:

squid2

Photo by Deirdre Van Dyk/TIME.com

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  • 1

    [...] might be benefiting from all this. “The crucial squid-puppet manufacturing sector,” writes Justin Fox over at the Curious Capitalist. By the way, has any phrase gone from novel to cliche faster than “great vampire squid [...]

  • 2

    You know, I live a block away from that Stella D'oro factory in the Kingsbridge area of the Bronx. Those workers spent months on strike to improve their lot, when a court finally sided with them, the company then decided to pull out and move.

    You wonder why Americans' are increasingly mad at guys like Blankfein?

  • 3

    [...] The boom in squid-puppet manufacturing This was the scene in front of Goldman Sachs CEO Lloyd Blankfein’s apartment building Sunday, as photographed by TIME’s Deirdre van Dyk (who came across it after running a race in Central Park). The protesters were mad about, among other things, a Goldman-backed company shutting down the Stella D’Oro biscuit factory in the Bronx and moving production to Ohio. [...]

  • 4

    These people have every right to be angry.

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