Lloyd Blankfein
π€ SpeakerAppearances Over Time
Podcast Appearances
There's nothing positive you can say about that.
Are we in like just a total post-truth world?
Is it like a mortal life that once truth is killed, it's dead forever?
The world was so vengeful at the financial crisis they were looking for someone to set an example and it wasn't going to be Bear Stearns and Lehman and Merrill that didn't exist anymore and it wasn't going to be the big banks but it was going to be Goldman.
People you know went after us which meant going after me and when I went through a long senate hearing that lasted hours into midnight and I was giving interviews after that till two in the morning after that and taking a
car back to New York.
That certainly wasn't fun, but again, I had the perspective.
I knew at the end of the day, we did stuff right.
People were clamoring for something.
I didn't feel super exposed in any fairness sense, but I was tortured.
The Senate, after that hearing,
Because they didn't get the satisfaction of showing that we were purposely trying to kill the market to make money, which of course we weren't, the committee chairman put out a referral to the Justice Department to investigate me for criminality.
I didn't even know what the crime was.
But the FBI, compliant as it is, did an investigation.
I would get picked up.
brought to the Southern District Office, interviewed with a court stenographer.
That happened like three or four times.
And, you know, your mind kind of says, whoa, some 34-year-old assistant attorney general could ask for a grand jury and do something.
But I was there for the first- That is hard to believe.
Well, I did grow up in public housing.