New York
Jul 2011
A profile of under-fire Goldman Sachs Ceo Lloyd Blankfein.
The downfall of a Goldman Sachs director:
"Now from, for the last three or four, I mean four or five years, I've given him a million bucks a year, right?" says Rajaratnam. "Yeah, yeah," says Gupta, who doesn't appear taken aback at all by Rajaratnam's next remark: "After taxes. Offshore. Cash."
While much of the Levin report describes past history, the Goldman section describes an ongoing? crime — a powerful, well-connected firm, with the ear of the president and the Treasury, that appears to have conquered the entire regulatory structure and stands now on the precipice of officially getting away with one of the biggest financial crimes in history.
“The entire system set up to monitor and regulate Wall Street is fucked up. Just ask the people who tried to do the right thing.”
On the gap between how the world sees Goldman Sachs and how Goldman Sachs sees itself.