Above: Goldman Sachs CEO Lloyd Blankfein
I just feel so bad for the head of Goldman Sachs. He’s so sad about Bernie Sanders’ success:
The head of Goldman Sachs said on Wednesday that Bernie Sanders’ insurgent candidacy “has the potential to be a dangerous moment.”
Lloyd Blankfein, who is chairman and CEO of the bank, was speaking to CNBC’s “Squawk Box.”
In January, Sanders was asked by Bloomberg Politics to list an example of corporate greed, and he listed Blankfein.
“I don’t take it personally since we never met,” Blankfein responded.
But he added that Sanders’ attacks on the “billionaire class” and bankers could be dangerous.
“It has the potential to personalize it, it has the potential to be a dangerous moment. Not just for Wall Street not just for the people who are particularly targeted but for anybody who is a little bit out of line,” Blankfein said. “It’s a liability to say I’m going to compromise I’m going to get one millimeter off the extreme position I have and if you do you have to back track and swear to people that you’ll never compromise. It’s just incredible. It’s a moment in history.”
Where “a dangerous moment” means “Bankers might actually be held responsible when they commit crimes.”
Does the head of Goldman Sachs speaking out against Bernie Sanders do anything but give him more credibility with the American public? I mean, not the American public that counts of course, by which I mean Washington elites. But the part that doesn’t count.