wakeup call

Blankfein Defends Goldman, Is Flippant with Facts

As I have stated a number of times Goldman is too powerful to be prosecuted! The facts have been in the open for almost a year. The links have been constructed for those who don't understand how the markets work. At the end of the day AIG shareholder lost almost $175 billion in market capitalization to save Goldman from having to raise $20 billion. If I were one of the many institutions that had significant holding in AIG's shares I would go after Goldman and the the ex-Goldman employees that run the Federal government. When Goldman was asked if it could assist AIG last September the greatest investmetn bank in the world said "Nope." But they sure helped themselves.