Blankfein Hires Defense Attorney; Goldman Down $3 Billion After Close

By Courtney Comstock

Is the Goldman Sachs CEO facing a new lawsuit?

The market seems to think so. Goldman Sachs just tanked in minutes before the close after news that Lloyd Blankfein hired a lawyer famous for defending vilified execs. It’s back up a bit since dropping over 5%, but the news is still concerning.

[click on the image for a larger version]

Continue reading . . .

Related Reading:

Reid H. Weingarten

Solari Report Blog Commentaries

Spanking Buffett
(7 May 10)

Thumbing Down on Blankfein
(5 May 10)

Goldman Whac-A-Mole
(29 April 10)