Gasparino gets tough with Goldman Sachs

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

Related Articles:
Comparing the Yankees to Goldman Sachs
A look at Goldman's trading prowess
Goldman Sachs (GS) Earnings Q3 2009
Goldman Sachs takes a bath on Hyatt
Goldman Sachs' PR effort paying off
A great PR move by Goldman Sachs?
Trickle down Goldman Sachs style?
Goldman Sachs' PR effort begins

Post a comment