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-- here with the markets.
Now let's get to the story that so many people have been talking about people not even who work on Wall Street but.
Regular folks who heard about the Goldman Sachs employee who walked out the door and through that verbal fire bomb in the op Ed in the New York Times.
Well Goldman Sachs CEO Lloyd Blankfein.
Speaking of sweating does not seem to be sweating the soft bed broadside keeping his scheduled lunch with British prime minister -- but should it.
He be at least a little concerned should be at least -- look like he's saying look.
I -- necessary.
We agree with what this employee -- Smith -- but -- -- we're gonna look into it make sure everybody -- the first report the Wall Street Journal followed us today did not cite the Fox Business Network we were the first report.
They are investigating this they are they have to think it's here's the board is gonna look at this thing this is going to be a big issue because it's.
It's such a public push for a place but I guess what let's change the direction of the story a little bit for viewers.
Until about Lloyd Blankfein he's the CEO -- -- in the -- since 2006 under a lot of pressure possibly to step down as we were first report.
He was telling people he might step down this year what we're hearing now before this column came out.
And he was saying that he's gonna be around for at least another year or so what do we know now I guess people they what do you think they'll -- noted analysts -- still securities.
On the eve said up over a that they Blankfein can't be fired over this he can't force him out to be an admission of guilt but he says he basically concedes.
That every and I'm just about every -- on Wall Street concede this is a problem for for Black Friday mean he's really you know there's a firm has been on the tremendous public pressure then you have this.
He's gonna have to answer this -- -- this -- charges were pretty specific I think I think the way they were played by the times was completely politically motivated I mean listen I knew.
That that Goldman Sachs is was like this for years that and by the guy says -- didn't see anything necessarily illegal that you pointed out.
Just it's a tough with their clients to pernicious they -- stuff and may not be their best interest but they want to make a lot of money we know Goldman was like this for years.
Maybe thirty years to -- twenties but clearly back in 2008.
When Goldman Sachs was present Obama is leading contributor.
-- the times to some on this or said number two contributor.
But we see -- now doing something like this when guess what they're Mitt Romney's leading contributor.
I don't think the political dynamic can copy of the state was it.
-- this is an old story you know ethics okay.
I can't bring Goldman Sachs and other places so all -- -- why split it all but anybody -- the number two contributor to Barack Obama.
Jury -- financial crisis.
By the way a lot of people if you believe the these sort of comes loony conspiracy -- -- Goldman Sachs created the financial crisis.
Why wasn't that the subject of all these op -- and all this breathless coverage.
In 2008 can I answer you.
Listened at this listen to how I feel about this.
Absolutely this has been going on for decades it's the culture obviously education and covered -- to ask whether it plus but I don't know it wasn't.
They've got bailed out through the AIG issued to the tune of twelve point nine billion dollars -- -- they did when they get they'll they got the money -- hundred -- didn't let it get it when they get it 2009 -- -- -- 2008000 before the election.
Why did not -- -- here that was a Hank Paulson admitted lately German made an idea in the way Bush Administration -- know.
Goldman Sachs this evil pernicious firm for many years not saying that -- all and all according to the -- the -- the story line in the times and other places.
Evil permission spurred by the way that like crazy about me average and lots and -- -- stores but let's be fair here.
These evil this an evil empire of Wall Street which took all this money.
Was Barack Obama's number two contributor.
And home never read that you never read anything bad about about your reading and now you're hearing about it whatever we can't carry -- -- -- -- other.
They are Mitt Romney's.
If you don't connect political -- -- dots.
There's a bridge in Brooklyn like okay fine but if you're looking at two sides of the story there's the political side and then these their -- which is an -- should Goldman be a little more humble even inside their cause they're investing that we want to do I think first off.
I -- call their clients.
-- I mean.
How come -- that's are saying that I would think you know our realist and I don't know however if parents you know you -- -- everybody thank Larry figure average individual out there the average and they don't take a look at all the stuff they don't -- they don't have they don't do -- average individuals Larry -- I believe is a client of Goldman Sachs.
If they're calling lawyers take a -- that he's probably laughing -- Problems he's calling them LaBeouf pave the cold it is this we've got a billionaire who's done business with Goldman Sachs coming on the program earlier Jeff -- billionaire investor they've got hot not hot sub prime mortgages exploding and imploding.
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