Perhaps, just perhaps the opprobrium heaped on Goldman Sachs these many weeks and months has begun to take hold on what had been to date the tone deaf leadership and bizarre rationalizations such as that of Lord Brian Griffiths, Vice Chairman of Goldman Sachs Intl. who instructed us last week that “We have to tolerate the inequality as a way to achieve greater prosperity for all.” This while millions have lost their jobs and have had their homes foreclosed. No, I am not making this up

Protect Insurance Companies PSA from FOD Team, Will Ferrell, Jon Hamm, Olivia Wi… Obama wins Nobel Peace Prize – The CNN Wire – CNN.com Blogs YouTube – TRAILER: Michael Moore’s ‘Capitalism: A Love Story’

New York Times : A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, the chairman of the House Financial Services Committee, would introduce legislation as early as this week. The measure would make it easier for the government to seize control of troubled financial institutions, throw out management, wipe out the shareholders and change the terms of existing loans held by the institution.

Wall Street Journal : In a windowless factory in this African village, Tiffany is teaching more than 80 workers to transform raw diamonds into gems for Tiffany engagement rings. As novices recently pressed pea-size stones against whirling blades, a visiting Tiffany executive spied a problem. Read the whole story: Wall Street Journal

The American Bankers Association’s annual convention in Chicago has become the scene for a series of major protests, which are set to continue through Tuesday. Sunday’s events included a speech by Sen. Richard Durbin (D-Illinois) and a protest in front of the ABA’s cocktail reception, an event which reportedly had a “Roaring ’20s” theme

As the American Bankers Association convenes in Chicago this weekend, thousands of people are gathering to demand that the big banks and financial institutions stop blocking reforms that would protect consumers who are facing foreclosure, termination of credit and high interest rates. The outrage is well placed. After the bailout of the very institutions that have brought America to the brink of economic disaster, those same institutions are spending millions to block reforms that would help everyday people cope with home foreclosure, joblessness, and lack of credit