For the past year, as the nation has engaged in a heated debate about how we got into the current financial mess and how we're going to get out of it, there's been one group noticeably missing from the conversation: leaders of the big Wall Street firms. Full Story »
Posted by Derek Hawkins
Somewhat Informative about Blankfein's speech. But pretty empty of analysis when discussing taxing stragies for capping Wall St pay bonanzas. Just rejecting tax caps w/o backup reasoning doesn't constitute good journaiism
Consisdering the fact the the Washington Post (which is too often a Wall St booster club) publsihed it, I'm happy to see it.
Essentially this is a notice of Blankfein's speech by a business journalist insider who is so mildly critical that it's value is undercut by its adoption of a reasonable tone. No mention is made of Blankfein's role as an insider on the Treasury/Goldman Sachs back room dealing. Ending with a suggestion to decrease the political influence peddling of Wall Street is easy enough to suggest when some real criticism of what is diningenuous speech at best is sorely needed. This is patsy journalism.
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