“I thought half the first floor would be dead.”
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Goldman Sachs Isn’t Perfect, Ya Know
- Caleb Newquist
- July 2, 2010
“During the course of the financial crisis, we made our fair share of mistakes. We lost a considerable amount of money through our exposure to leveraged loans and mortgages.”
~ Goldman Sachs CFO David Viniar, in his opening statement before the Financial Crisis Inquiry Commission.
Quote of the Day | 01.28.10
- Caleb Newquist
- January 29, 2010
“Bernanke fiddled while our markets burned”
~ Richard Shelby, Republican Senator from Alabama during the Senate debate on Ben’s second term as Fed Chairman.
Quote of the Day: Did the Ernst & Young Webcast Mention This? | 03.19.10
- Caleb Newquist
- March 20, 2010
“I believe the manner in which the Firm is reporting these assets is potentially misleading to the public and various governmental agencies.”
~ Matthew Lee, former Lehman Brothers Senior VP in charge of consolidated and unconsolidated balance sheets, in a letter to certain LEH executives. He was fired.