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Goldman Sachs (GS), said to be "totally freaked out" about the Volcker rule, is making a big...

Goldman Sachs (GS), said to be "totally freaked out" about the Volcker rule, is making a big lobbying push aimed at shaping the regulations defining the rule, Reuters reports. Blankfein himself is on the front lines: "Wall Street chiefs do not often lobby top regulators directly, but this issue is unusually important to Goldman."
Comments (3)
  • Ken Hasner
    , contributor
    Comments (427) | Send Message
     
    I seriously doubt he is "Freaked Out" all that much. After all this guy banked personally close to 80 Million bucks in the past few years....the only thing freaking him out his whether he gets to play golf every day first or hit the pool.
    4 May 2011, 05:42 PM Reply Like
  • Dawgeatdog
    , contributor
    Comments (83) | Send Message
     
    Its a pay to play system, Lloyd. You know who to pay, but don't expect action till after Nov 2012
    4 May 2011, 05:44 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    Goldman should keep quite and let other companies like JPM or BAC do the lobbying. Government is watching each and every step of Blankfein including when he goes to restroom. If he pisses more than normal there will be inquiry. So be careful Blankfein.
    4 May 2011, 09:15 PM Reply Like
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