What Is Lloyd Blankfein Most Afraid Of?
May 10, 2013 at 4:34 PM
DailyBail in Bank Bailouts, ECB, Euro Crisis, Europe, Germany, Spain, eu, euro crisis, euro currency, europe, fed, germany, goldman sachs, goldman sachs, lloyd blankein, lloyd blankfein, spain, speech, video

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.

 

Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.