Bankers Packing Heat!

Ah, Goldman Sachs (NYSE: GS  ) , how weird can you get? First you're doing "God's work." Now you're loading up on guns.

According to a Bloomberg commentary (by Alice Schroeder, who penned the biography of Berkshire Hathaway's (NYSE: BRK-A  ) (NYSE: BRK-B  ) Warren Buffett, The Snowball), rumor has it that some senior Goldman Sachs executives are buying and learning to use firearms.

Lousy public sentiment swirls around financial companies that have benefited from government bailouts, such as AIG (NYSE: AIG  ) . Of course, such opinions surge when executives receive big bonuses while taxpayers hold the bag. I guess doing "God's work" isn't comfort enough for Goldman Sachs employees.

Sure, Smith & Wesson (Nasdaq: SWHC  ) shareholders may rejoice at the odd possibility of stealing some business from Tiffany (NYSE: TIF  ) this holiday season. But if some of these banking folks didn't seem hellbent on screwing over American taxpayers at all junctures, maybe they wouldn't have to get so darn defensive.

What do you think of gun-toting bankers? Maybe they're just planning to hold themselves up. (Wells Fargo (NYSE: WFC  ) sued itself, so why not?) Take your best shot at this weird news in the comments boxes below.  

Berkshire Hathaway is a Motley Fool Stock Advisor and a Motley Fool Inside Value recommendation. The Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days.

Alyce Lomax does not own shares of any of the companies mentioned. The Fool has a disclosure policy.


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  • Report this Comment On December 03, 2009, at 5:45 PM, rd80 wrote:

    "Sure, Smith & Wesson (Nasdaq: SWHC) shareholders may rejoice at the odd possibility of stealing some business from Tiffany (NYSE: TIF) this holiday season."

    Ah, those lovely blue boxes. I've heard the Tiffany ones are nice too. :)

  • Report this Comment On December 03, 2009, at 7:19 PM, TMFLomax wrote:

    rd80, you just cracked me up! :)

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