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Thread: Breaking: Goldman Sachs CEO hires Prominent Defense Attorney

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    Default Breaking: Goldman Sachs CEO hires Prominent Defense Attorney

    Just breaking, with no details of motive, but Goldman Sachs CEO Lloyd Blankfein has hired a top DA.

    For a perfect ending to a schizophrenic day we go to Reuters which has just reported that Goldman's CEO has hired high profile defense attorney Reid Weingarten. The market is not waiting to find out the details, and GS stock is tumbling. What has alos happened is that gold futures punched through $1900 for the first time ever. $2000 is the next target, and will likely be taken out within the week.
    News Blankfein Hires Prominent Defense Attorney Send GS Stock Tumbling, Gold Futures Soaring Over $1900 | ZeroHedge
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    Politics.ie Member Johnnybaii's Avatar
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    I thought you were referencing Obama and I was gonna say that's old news Cass

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    Maaaad ....

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    Goldman is saying nothing. Weingarten is saying nothing.

    Quote Originally Posted by Reuters
    Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter.

    Blankfein, 56, is in his sixth year at the helm of the largest U.S. investment bank, which has spent two years dodging accusations of conflicts of interest and fraud.

    The move to retain Weingarten comes as investigations of Goldman and its role in the 2007-2009 financial crisis continue.

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    There's no way the current generation of politicians will ever seriously try to bring Goldman Sachs to heel. This is all just optics I'd say.

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    Politics.ie Member blackpitts's Avatar
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    Quote Originally Posted by SideysGhost View Post
    There's no way the current generation of politicians will ever seriously try to bring Goldman Sachs to heel. This is all just optics I'd say.
    It depends who's after him. Blankfein would be a big scalp for an ambitious DA or special counsel who has his/her eye on a future career in politics

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    Politics.ie Member DownTheyGo's Avatar
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    Strauss-Kahn barely set free and Blankfein comes under some scrutiny; Paulson isn't too far behind if something is up, you can be sure of that . . . which is a whole other cesspit of corporate/political intertwining of the highest global order.

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    Did he lose Gaddafis gold and his billions, its on the news all day that the americans have it but nobody knows where it is now

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    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    Link to that ST story in this OP still works... even if the charm offensive didn't.

    http://www.politics.ie/forum/economy...ml#post2261225

    "Aha! You catch us plotting in real time," says Lloyd Blankfein, breaking away from a cabal of senior executives discussing his trip to Washington the previous day. Blankfein, 55, Goldman’s chairman and chief executive, is wearing a grey suit with a jaunty Hermès tie with little red bicycles on it. In his hand, he’s carrying one of those cups of coffee that look bigger than the human stomach. Maybe it’s the caffeine, maybe it’s the tie — a birthday present from his daughter — but he’s in a remarkably jolly mood for a man everyone seems to hate. "It’s like a safari here," he jokes. "You’ve come in to look at the animals."

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