Print

Blankfein on Capitol Hill – ‘A whole bowl of cherries…’

It’s almost 9pm, ET, and Senate subcommittee on investigations chairman Carl Levin has just wrapped up his cross-examination of Goldman Sach’s Lloyd Blankfein. From the Senators’ side this was a surgical attack — with a blunt scalpel. The Goldman bench will need a stiff drink. And, perhaps, plans for their retirement.

Levin finished with an observation that Blankfein’s “people” had characterised the subcommittee’s public release of documentation, such as emails, as “cherry picking”…

Well there’s a whole bowl of cherries for you.

The raw, uncorrected 3-hour-plus transcript is here:

Print