Jon Stewart calls them 'These Fucking Guys' - apt for Goldman Sachs' geniuses and their recent shenanigans. I read the following bit in the Times this morning that summed up the situation perfectly...

From here: Adam Smith taught us that the point of a robust capital market is to direct capital to its best and highest use, where, combined with labor, it will produce the goods and services most valued by society. Asset bubbles are a problem, but at least mortgage-backed securities enabled people to live in their overvalued houses. The Goldman “Abacus” transaction involved “synthetic” collateralized debt obligations, derivatives whose value rose and fell with the value of real C.D.O.’s elsewhere. It produced no goods or services, financed no consumption — nothing at all. Money that could, and should, have been used to add value to society was not invested; it was squandered as surely as if the parties had wagered on a horse race. Legitimate hedging is one thing. Gambling with people’s savings, university endowments and municipal funds, on the other hand, should be a crime.