Tag Archives: Lloyd Blankfein
Warren Buffett Fights in Goldman’s Corner
There is no doubt that a suitable scapegoat for the economic meltdown is still being searched for. With Goldman Sachs being raked over the coals, someone who has a bit of influence in the business community thought it necessary to … Continue reading
The Goldman Sachs Circus
Bloomberg reports that after a brutal grilling by the US congressional committee on allegations of fraud, the investment bank seemed to walk away with an increased market value of over $500m! Talk about the adage of “there’s no such thing … Continue reading
The Peanut Gallery is Watching, Waiting
One of the most read, recent articles in the business section of UK newspaper, The Guardian, is by Will Hutton. In his piece, entitled, “Now we know the truth. The financial meltdown wasn’t a mistake – it was a con,” … Continue reading
Filed under Banks, Finance, United Kingdom, United States
Last of the Cowboy Bankers
I’m struck by the newfound transparency that many financial institutions are forced to embrace, since the sub-prime fiasco began. Now, if you’re a businessman or an economics major, or even a very attuned political aficionado, what governments and investment banks … Continue reading
Filed under Business Commentary, High Finance
Whipping Boys
Congress has to let the people see a sacrifice, and Goldman Sachs is the latest lamb. Chief executive Lloyd Blankfein and managing director Fabrice Tourre are getting sent in to the coloseum to be roasted by the SEC and Congress … Continue reading →
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Filed under Banks, Commentary
Tagged as allegations, Congress, Fabrice Tourre, Goldman Sachs, investigation, Lloyd Blankfein, recession, SEC