People inside Goldman tell me that some senior executives say they believe the onslaught of negative stories detailing Goldman’s manifold ties to upper levels of government, charges that it somehow fraudulently profited from the subprime crisis, and now the press about the firm’s record earnings is so out of proportion to reality that the coverage contains an element of anti-Semitism—subtly playing off the racist myth of a conspiracy of Jewish bankers controlling the world for their own benefit.

Anti-semitism? More like mens rea.

The first major U.S. bank to report second-quarter results, Goldman said trading income nearly doubled from a year ago to $10.78 billion while its equity underwriting business produced record revenue of $736 million. Goldman’s traders thrived in an environment of wide price swings, robust demand and fewer rivals.

Steve Sailer’s We’re really in deep state cites Jonathan Weil’s Goldman Sachs Loses Grip on Its Doomsday Machine, in which Weil writes:

Did Goldman really tell the government its high-speed, high-volume, algorithmic-trading program can be used to manipulate markets in unfair ways, as [Assistant U.S. Attorney Joseph] Facciponti said? And shouldn’t Goldman’s bosses be worried this revelation may cause lots of people to start hypothesizing aloud about whether Goldman itself might misuse this program?

Sailer explains The Deep State.