Goldman Sachs

Out of context: Reply #13

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  • ukit0

    Shouldn't there be some kind of rule against conflict of interest though? I didn't read the article, but I know that when they were trying to figure out which companies to "bail out" about a year ago, Hank Paulson (Treasury Secretary) called Blankfein, the Goldman CEO in for a private meeting.

    Paulson is the ex-CEO of GS. Then they made a string of decisions which could be arguably said to benefit Goldman, while putting a Goldman guy in charge of distributing the bailout funds. You really think that's how things should work?

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