It’s probably no accident that the best and brightest from Goldman Sachs looked like boiler room numskulls at times today during their Senate testimony: fumbling through exhibits, asking senators over and over to repeat their questions, and otherwise buying time. That’s the admitted-strategy of the attorney Goldman has hired to help the firm navigate the hearings, Lee Blalack.
It’s another sign that Goldman is playing hardball as its business practices and its role in the financial crisis come under scrutiny. In the genteel world of Capitol Hill, Goldman did the equivalent of showing the Senate its middle finger.
We’ve put together a reel of Goldman execs buying time today. Watch.
