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« TARP Bank Exec Pleads Guilty To Bank Fraud Conspiracy | Main | Fake Nuns Busted Smuggling 13 Pounds Of Coke »
Friday
May102013

What Is Lloyd Blankfein Most Afraid Of?

DEFLATION

Start watching at 5:45.  What Blankfein should fear is the end of the billion-dollar subsidy Goldman earns borrowing cheap with an implicit taxpayer guarantee.

May 2 (Bloomberg) -- Lloyd Blankfein, CEO of Goldman Sachs Group, talks about deflation, too big to fail banks, the U.S. economy, Federal Reserve monetary policy and the European financial crisis with Investment Company Institute's Paul Schott Stevens in Washington.

 

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Reader Comments (1)

Send him to jail with the other criminals, like Paulson and company. Good ole hank he loves to take care of his criminal friends.
May 7, 2013 at 5:14 PM | Unregistered CommenterBilly Derka

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