Goldman Steals Tips From Beer Servers

[Donnachaidh]

http://www.rollingstone.com/politics/blogs/taibblog/goldman-steals-tips-from-beer-servers-20110513

Courtesy of Dave Jamieson at Huffington Post, here's this amazing story. Turns out Goldman Sachs part-owns a company that's been (apparently illegally) pocketing the 20 percent "service charge" on beers at Yankee stadium – you know, the tips you thought went to the servers. What's next, throwing puppies in jet engines? Installing trip-wires in front of retirement homes?


:rofl:

[Liberal_in_LA]

1. k&r

[rocktivity]

2. Stock tips?

No wonder they're in legal trouble!

:headbang:
rocktivity

[Hannah Bell]

3. goldman: steals the big stuff, steals the small stuff.

[cliffordu]

4. Truly a full service company!!!!

:rofl:

[LiberalEsto]

7. When my husband worked at GS temporarily

as a computer consultant, back in 1989:
someone stole his raincoat the first day
the second day someone stole his umbrella
the third day someone stole my umbrella that I let him borrow

It is a company of thieves

[Hannah Bell]

9. seriously? someone stole his coat? that made me laugh.

[Aerows]

10. Sounds like they will steal anything that's not nailed down

and if it can be pried up, it wasn't nailed down!

What a bunch of crooks.

[Brother Buzz]

14. I gather you're not married to Chili Palmer

[Initech]

5. Reverse-Robin-Hoods.

[csziggy]

6. Full story link

Here is the link to the original Huffington Post article: http://www.huffingtonpost.com/2011/05/13/yankee-stadium-tips_n_861770.html

More from the article:

According to the suit, the menus field-level spectators find in their cupholders include this disclaimer: "A 20% service charge will be added to the listed prices. Additional gratuity is at your discretion." That phrase "additional gratuity" would seem to imply that the 20 percent is, in fact, a gratuity, but Schaffer says his clients don’t get that money. Instead, they receive a far more modest commission, between four and six percent, of their total sales for the game.

Schaffer believes the system cheats both vendors and fans -- the vendors by withholding their tips, the fans by artificially inflating prices. "It's pretty unbelievable if you think about what's going on," Schaffer said. "Honestly, I couldn't fathom the profits."

What's worse, Schaffer alleges, is the fact that the servers aren't allowed to explain to fans how the actual arrangement works. "If my clients are specifically asked, 'Where does this 20 percent go?' they can't tell them the truth. They can only tell the customer, 'Additional gratuity is at your discretion.' They can't say, 'It's not going to me.' They can be fired for saying that."

[formercia]

8. The Mafia just moved to Wall Street

Why hijack trucks, when you can hijack the Economy?

[JackRiddler]

16. Sorry, it's always been the other way around: The mafia modeled itself on the banksters.

[Incitatus]

11. Goldman Sachs screwing the working class? Surely you jest.

[Aerows]

12. For a second

I thought this would be about how they use the techniques beer servers use in customer service. Silly me, this is Goldman-Sachs, what was I thinking?

When an article says Goldman-Sachs steals, you should go ahead and assume they are actually stealing or doing something underhanded.

[Incitatus]

13. nm

[TalkingDog]

15. If you had a penny wedged in a bullet hole so you wouldn't bleed out

these bastards would pry it out with a screwdriver.

[Zorra]

17. Disgusting. The greed of conservatives knows no bounds. nt

[Randy_P]

18. Well I'm SHOCKED!

:sarcasm:

[On the Road]

19. It's an Old Practice

A hundred years ago, NYC restaurants used to keep the contents of the hat-check girls' tip jars.

[GeorgeGist]

20. Gold Mansachs

seriously.