“What Would TR Do?” “It’s too soon to tell.” –Mao Tse Tung’s response, when asked (in 1947) about the consequences of the French Revolution. Just as perspective is needed to appreciate signal historical events, so, too, is distance required to assess great individuals. More than a century after Teddy Roosevelt successfully challenged the monopolists and concentrated financial...Read More
Lloyd Blankfein’s Very Well-Qualifed Attorney It isn’t clear precisely why [Goldman Sachs CEO Lloyd] Blankfein hired Reid Weingarten, who focuses his practice on white-collar criminal defense. –“Goldman Officers Lawyer Up“; The Wall Street Journal (8/23/2011) It “isn’t clear” why Blankfein hired his own counsel? Really?? After countless allegations of corporate fraud, misrepresentation, self-dealing, front-running, perjury and other illegal —...Read More
“Goldman Sachs Leadership Arraigned,” Says U.S. Attorney Michael Moore, in his new movie, “Capitalism: A Love Story,” shows up in Goldman Sachs’ Wall Street lobby to make citizens’ arrests of senior Goldman officials. Puh-leeze!Here’s what Michael Moore should have demanded instead (whoever said we didn’t need new laws to clean up financial corruption . ....Read More
