Lloyd Blankfein had a "very tough childhood". It was so tough that he went to a predominantly black high school on Brooklyn. That must have been so awful for poor Lloyd!
And Goldman Sachs absolutely had not "burned down the Reichstag, shot the Archduke Ferdinand and fired on Fort Sumter" (exact quote). So its critics are all wrong. And more stuff that may make you want to puke: http://www.time.com/time/magazine/article/0,9171,1917727-2,00.html ----------------------------------------snip Lloyd Blankfein, the 54-year-old chairman and CEO of Goldman Sachs, is powerfully perplexed. In the past six months, his investment-banking and securities-trading firm has roared ahead in profitability by taking risks — that other firms would not — for itself and its clients in an edgy market. It has paid back the billions of dollars, and then some, of taxpayer money the government forced it to take last October; raised billions of dollars in capital from private investors, including $5 billion from Warren Buffett; and urged its cadre of well-paid and high-performing executives to show some restraint on the conspicuous-consumption front. For this, the level of resentment and ire directed at Goldman — from Congress, from competitors, from the media, from the public — has never been higher. Blankfein, only the 11th leader of the 140-year-old firm, is having a tough time understanding why. -raghu. -- "I like to reminisce with people I don't know." - Steven Wright _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
