Econintersect: A video from animal planet reminds us of the metaphor created by Matt Taibbi of Rolling Stone in a July 2009 feature article “The Great American Bubble Machine“. The metaphor referred to too big to fail (TBTF) Goldman Sachs:
The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.
Squid attack video follows the Read more >> jump.
Note: The squid in this video are Humboldt squid, the giant Architeuthidae squid are up to six times or more larger. Now that is a real banking tool.
Sources:
- Diver Mauled in Squid Attack (Animal Planet, YouTube)
- First-ever observations of a live giant squid in the wild (Tsunemi Kubodera and Kyoichi Mori, Proceedings of the Royal Society, 29 September 2013)
- The Giant Squid, Captured on Camera in its Natural Habitat for the First Time Ever! (Press release, NHK Enterprises and Discovery Channel, 09 January 2013)
- Giant Squid (Wikipedia)
- Humboldt Squid (Wikipedia)
