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Goldman Sachs on the Hot Seat
In prepared testimony today, Goldman Sachs CEO Lloyd Blankfein said his company never bet against its own clients, but Senators of both parties were publicly skeptical.
By Warren Olney • • 1 min readIn prepared testimony today, Goldman Sachs CEO Lloyd Blankfein said his company never bet against its own clients, but Senators of both parties were publicly skeptical. Carl Levin of Illinois interrogated Dan Sparks, Goldman's chief of mortgage securities, about charges that Goldman failed to tell investors that package deals were stacked against them; Republican John McCain accused Goldman executives of being immoral. Jessica Brady, staff writer for RollCall magazine, was at the hearing.
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Finance Reform: Public Anger and Partisan Politics- 0:00Goldman Sachs on the Hot SeatYou’re reading this
- 7:19Roadblock on the Path to Financial Reform
- 43:34Arizona Immigration Law Likely to Face Legal Challenges
The full episode
1 of 3Finance Reform: Public Anger and Partisan Politics- 0:00Goldman Sachs on the Hot SeatYou’re reading this
- 7:19Roadblock on the Path to Financial Reform
- 43:34Arizona Immigration Law Likely to Face Legal Challenges