Investment bank CEO says
Sanders' critique is "dangerous...not just for Wall Street...but for
anybody who is a little bit out of line."
by
Just days after a Bernie
Sanders campaign ad singled
out Goldman Sachs as "one of the Wall Street banks that triggered the
financial meltdown," the head of the global investment banking firm said
such criticism is "dangerous."
According
to The Hill:
Sanders has railed against
Wall Street throughout his populist campaign, accusing the sector of ruining
the economy and holding down the middle class. And he has singled out [Goldman
CEO Lloyd] Blankfein and his firm as a poster child for the greed and
recklessness he says is endemic in finance.
In a January interview with
Bloomberg, he specifically mentioned Blankfein as representing greed on Wall
Street, for taking massive pay packages “after destroying the economy.”
"To personalize it, it
has potential to be a dangerous moment," Blankfein told CNBC on Wednesday.
"Not just for Wall Street…but for anybody who is a little bit out of
line."
Blankfein also reportedly
argued "that Sanders and his ilk are too rigid to get anything done,"
as The Hill put it.
On the campaign trail, Sanders
has criticized not only big banks, but rival Hillary Clinton's cozy
ties to them.
Bloomberg notes
that Blankfein—who supported Clinton for president in 2008—also "declined
to endorse a candidate f
or the 2016 U.S. presidential
election, saying his imprimatur could harm that person's chances."
"I don't want to help or
hurt anybody by giving them an endorsement,” Blankfein said in response to a
question about whether he was backing Clinton this time around.
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