In the single best piece of polemic to have come out of the financial crisis, Matt Taibbi described Goldman Sachs as
a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.
Now Kevin Drum has come up with his own invertebrate metaphor for financiers:
Leverage is like a termite infestation: it swarms anywhere there’s food, but you hardly even notice it’s there until things get out of hand and your house starts to fall down.
I think we should combine these metaphors: investment banks are indeed ravenous, indestructible, indefatigable, social pests – giant vampire termites.
Credit: University of Toronto via Vitrino Ramos
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