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Gasparino gets tough with Goldman Sachs

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So how is the great Goldman Sachs (GS) charm offensive going? Among the latest to weigh in is none other than Charles Gasparino on the Huffington Post. It's fair to say that he smells BS when Goldman Sachs CEO Lloyd Blankfein suggests that the bank really didn't need the TARP infusion and that the AIG (AIG) bailout didn't really help Goldman survive.

"Forget the absurdity of such claims, Blankfein has been on a roll of late, repeating them time and again, not just presumably to Cohan, but to a growing number of credulous journalists who will stomach just about anything to get a few minutes with the CEO of the Great Goldman Sachs..." He also says, "Blankfein's spinning is reaching epic proportions."

He's almost disgusted by Blankfein's comments that he's doing God's work. "Oh really, Lloyd? My brother is a doctor who works in the intensive care unit of an inner city hospital; he could have a cushy lucrative practice here in New York, but he likes helping people, and yet he has never once told me he's doing God's work even after he explained one afternoon how he had just saved a homeless man's life by massaging his heart." And yes, he does get a Vampire squid reference in. The PR mavens at the firm may want to dial back on any parallels to deities and such.  

For more:
- here's the article

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Thanks you charlie. GS is now in a position to crunch survivors until they consume themselves thus allowing new entities to emerge.

Charlie Gasparino - - - - Shut up!!! The constant peddling of your book on CNBC is so annoying that I can't watch the station anymore. You and CNBC are part of what's really wrong with the financial markets these days. You put "information" out there that turns investors into speculators and have created a speculative market rather than an investment market!!

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