Bill Cohan: Goldman Sachs Will Never Be Allowed To Fail
May 8, 2013 at 4:14 PM
DailyBail in Bailout, Wall Street Bailout, banks, banks, bloomberg video, deflation, economy, goldman sachs, goldman sachs, lloyd blankfein, lloyd blankfein, tbtf, too big to fail, too big to fail, wall street
UNDER NO CIRCUMSTANCES
'They're not going to let Goldman go down the tubes.'
Lloyd Blankfein talks about deflation and too big to fail banks (Washington, May 3).
--
Notable Points
Discussion of Goldman's 1994 bankruptcy scare at 1:30.
Blankfein on too big to fail at 3:10.
His answer is basically incomprehensible.
Watch it a few times for laughs.
Listen to Cohan's response on too big to fail beginning at 3:45.
Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.