Bloomberg and Goldman Sachs

http://www.futureofcapitalism.com/2012/03/bloomberg-and-goldman-sachs

Mayor Bloomberg stopped by Goldman Sachs yesterday in a show of support, and on his radio show today called press coverage of Greg Smith's public resignation from the firm "ridiculous."

"You know, Goldman Sachs is a firm that's been around for well over a hundred years and it's a great firm," Mr. Bloomberg said on his radio show, according to a report in the Daily News. "It's my job to stand up and support companies that are here in the city that bring us a tax base that employ our people and I'm going to do that."

Goldman is doubtless a decent-sized customer of Mr. Bloomberg's financial information terminal business, and I don't think Mr. Bloomberg is running for re-election as mayor. But even so, in the current Goldman-bashing and Wall-Street bashing environment, the visit and the comments probably just about qualify Mr. Bloomberg for a Profile in Courage Award.

by Editor  |  Mar 16, 2012 at 11:02 am Related Topics:  Goldman Sachs, New York receive the latest by email: subscribe to the free futureofcapitalism.com mailing list