The supposedly smart guys can't even stay clean. Several Goldman partners supposedly have received margin calls because they borrowed against their stock to make other investments. It is sad how far our country "elite" have fallen. Now Goldman is up like 30% in the last couple of months so this is either an outdated story Gasparino has uncovered (not a big fan at all, his common sense is often lacking) or the stupidity of the Goldman partners went up alot.
http://www.cnbc.com/id/29260008
Tough times on Wall Street are reaching all the way to the highest levels of the most storied former investment bank—Goldman Sachs—as partners there are being forced to borrow money to cover margin calls, according to sources within the firm.
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