THE SPINE AUGUST 21, 2007
I don't know whether this is news or not. But I found it in my Financial Times clippings of August 9, just a week before the Wall Street tsunami. My
friend and and very impressive old student Lloyd Blankfein, chairman of
Goldman Sachs and probably the most significant banker in America,
endorsed Hillary Clinton for president. This followed an earlier
endorsement of Clinton by John Mack, the CEO of Morgan Stanley and one of
President Bush's biggest fundraisers. Well, now we know where top Wall
Streeters stand on this election.
And we also know that a former top man at Goldman Sachs, Henry Paulsen,
is Bush's secretary of the treasury. It will be an odd moment when the
marketeers come for assistance from their old pal.