UNDER NO CIRCUMSTANCES
'They're not going to let Goldman go down the tubes.'
Lloyd Blankfein talks about deflation and too big to fail banks (Washington, May 3).
- Discussion of Goldman's 1994 bankruptcy scare at 1:30.
- Blankfein on too big to fail at 3:10.
- His answer is basically incomprehensible.
- Watch it a few times for laughs.
- Listen to Cohan's response on too big to fail beginning at 3:45.