03.24.11
Lloyd Blankfein still on the loose
A bigger menace to the American middle class than Moe, Goldman Sachs bankster boss Lloyd Blankfein is still in the clear. And most Americans still have no idea who he is, despite movies like “Inside Job” on the economic collapse and various writings on Goldman at Rolling Stone magazine.
From Matt Taibbi’s blog today:
Lloyd Blankfein testified in court yesterday, in the Raj Rajaratnam insider trading case and unfortunately it turned out to be less of a big deal than I might have hoped. Blankfein agreed only to testify in exchange for guarantees that they wouldn’t “dredge up any pending investigations” of Goldman’s activities.
I had fantasies of Lloyd being broken on the stand and frantically sobbing out all sorts of hysterical confessions, but I guess it’s not to be.
The New York Daily News reported:
Blankfein took the stand in Manhattan federal court at about 10:30 am to testify for the government in its insider-trading case against Galleon co-founder Rajaratnam, who is accused of pocketing $45 million by getting illegal inside tips about the bank from ex-Goldman director Rajat Gupta, as well as from tipsters at other firms.
More bombs for banksters. We could spare a few from the pile earmarked for Moe, no?
Let’s Lynch Lloyd Blankfein — the gay satirical rock show tune — is here.