Schadenfreude for #GoddamSachs outsourcing?

If Think Progress is right about how high up the food chain some of these folks may be .... to be honest, I'm feeling a bit of schadenfreude. They probably defended globalization and the government bailout both.

On the "food chain level," TP cites Business Insider as saying these are primarily “high-paying, skilled positions in sales and investment banking.”

Business Insider adds:

The layoffs come at an interesting time. Banks are fighting tough regulations like capital requirements that they say will stem growth. Preparation for the regulations require banks to free up capital -- like the $1 billion Goldman plans to slash in the coming year. ...

So this news of the adverse effects that capital requirements will have on employment at Goldman Sachs should help the bankers' as they argue against the requirements in coming months. That's why this looks like a political move to discourage Washington from adding capital requirements above the 7% that Basel III regulations will enforce.

On that side, I'm a bit more saddened for those who will lose their jobs, to be pawns in a political game, but GS, and other megabanks, have done this in various ways for years.

Besides, since he's been Goddam Sachs' elfin toady, it would be fun to see a Congressional mix of libertarians, tea partiers and true liberals put Tim Geithner in the hot seat over this. Both for teh layoffs themselves AND for teh attempt to stiff the government.