Larry Doyle
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Questions from Sense on Cents for Goldman Sachs
Posted by Larry Doyle on April 27th, 2010 8:55 AM |
Goldman Sachs’ executives, including CEO Lloyd Blankfein and structured finance VP Fabrice Tourre, will come front and center in Washington today to supposedly face the music and address what truly was going on within the mortgage operations of Goldman Sachs.
Will the music which Lloyd and team face be merely of the background variety? Will today’s hearing be nothing more than another sideshow to the ongoing three ring circus in Washington pretending to serve as real investigations? What has America truly learned throughout the ongoing Congressional investigations into our financial and economic crisis that we did not already know eighteen months ago?
The American public has been largely served a dish of stale bread and chopped meat with little substance or sizzle. Will today be different? I am not optimistic. Why? (more…)
Tags: Dan Sparks Congressional questioning April 27 2010, Fabrice Tourre faces questioning April 27 2010, Financial Times Goldman Criticised $1B Loan Product, Goldman Sachs faces Congress April 27 2010, Goldman Sachs questioning April 27 2010, Lloyd Blankfein faces questioning April 27 2010, Matthew Bieber Goldman CDO trader on Timberwolf transaction, Senate subcommittee questioning of Goldman Sachs April 27 2010, Tom Montag comment on Timberwolf CDO April 27 2010
Posted in General, Goldman Sachs | 5 Comments »