The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Blankfein: Robinhood incorrectly claimed to offer government-insured accounts early on
“I looked at, you know, Robin Hood, great company. But early on, you know, they declared a kind of they declared that they had government-insured accounts that weren't government-insured. They had some slip-ups and a lot of apologies get made. You could do that…”
Blankfein: Goldman Sachs fully hedged its 2008 AIG exposure with collateral agreements
“We were fully hedged because we had bought credit protection. Right. But we also had a collab. So we go, we, a single A credit, got a collateral agreement with AIG AAA.”
Blankfein: The repeal of Glass-Steagall forced Goldman Sachs to go public
“So we had to, you know, if J.P. Morgan was gonna become an advisor, we had to become a good lender and a good financier. So it meant that we had to have a bigger balance sheet. Couldn't run that on impermanent capital of a partnership. And so we had to go publ…”
Levie: Goldman Sachs uses AI to draft S-1s in minutes
“David Solomon at Goldman Sachs, Has given this anecdote of they can write now an SEC filing or an S one for an IPO in like a few minutes that used to take a number of analysts, you know, a few days.”
Goldman Sachs estimated Bitcoin could save consumers $200 billion
“For example, even as like 12 months ago, even 18 months ago, people were calling Bitcoin an imaginary currency for crazy people on the internet. And now Goldman Sachs is saying it can save people two hundred billion dollars.”
Blankfein: J. Aron sold to Goldman Sachs at peak market valuation
“And of course, the savvy, streety guys at Jay Aaron extrapolated the value of the firm at the peaky, peaky part of its thing and sold itself to Goldman.”
Horowitz: Goldman and Sachs families severed ties over World War I
“Also, Goldman stopped speaking to Sachs, like, forever. Like, they got very mad at each other over, it was at Sachs who supported Germany in World War I, so.”
Blankfein: Goldman Sachs honored its Chrysler loan commitment during 2008 crisis
“There was a time we had this loan outstanding, you know, to Chrysler. I remember the CEO then at Chrysler calls me up. And are you gonna honor that commitment? And I said, yes. And I think it was due at a certain, and I said, and he said, can you do that now? …”
Haber: Goldman Sachs built and operated its own proprietary email software
“Goldman had literally created their own email client. Like they didn't operate on Outlook or on Gmail. They had this thing called Orbit.”
Cooper: JOBS Act right-sized SEC filing regulations for early-stage companies
“One of the things that Job Act did was kind of modify the regulatory requirements around those filings to kind of right-size it for what is appropriate for an earlier stage company instead of what might be appropriate, for example, for a GM or a Goldman Sachs …”