Wednesday, January 13, 2010
Being Goldman Sachs XV
Not knowing the background of Goldman Sachs Chairman and CEO, Lloyd Blankfein, not that this would make much of a difference, I couldn't help but to think of him as I watched his testimony before the Financial Crisis Inquiry Commission as a cross between a used car salesman and a circus carnival leader. His appearance was as oily and buffoon-like in his constant effort of wining over an audience as opposed to soberly answering essential questions. Mr. Blankfein seems to think that we are stupid. Maybe we are. Goldman Sachs is flushed with cash that we gave them to the tune of double digit billions for betting on bogus securities leveraged to the hilt, as the American people hurt badly.