Political Grandstanding: Wall Street Slams Goldman Sachs Hearings

Professionals on Wall Street reacted to senators' dramatic grilling of Goldman Sachs executives with mild annoyance, although Tuesday's hearing may have scored some points with voters on Main Street. "Grandstanding of the highest order," said Sean Gambino, a veteran Wall Street trader, referring to politicians' aggressive, nearly 11-hour questioning of execs including Goldman CEO Lloyd Blankfein and 31-year old executive director Fabrice Tourre. Gambino added that Sen. Carl Levin, who as...Full Story
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