Bank CEO Caught Out in ‘Shopping Queue’

Blankfein recalls his shopping horror

The CEO of Goldman Sachs, Lloyd C. Blankfein, was caught out lying on David Gregory’s Meet The Press yesterday, after being quizzed over his claims of being “short of money in the supermarket queue last week”.

Blankfein, answering Gregory’s questions about the financial crisis and its impact on the average worker, sympathized with their plight, citing his alleged story of the previous week. Gregory was unconvinced by Blankfein’s story and proceeded to query him further, and managed to elicit the true story from the Goldman Sachs boss; that it wasn’t him but his accountant; that it “wasn’t technically my income” but “a small government grant”; and finally, that it wasn’t a supermarket and groceries, but Gulfstream, and a new G650 jet.
“But the essence of the story is the same,” he added. “We’re all struggling.”


1 Comment »

  1. janet sims said,

    13 Apr, 09 @ 10:12 pm

    Loved this one and forgot to comment!

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