Goldman's Most Vocal Critic: This is a Massive Blow

In a recent Bloomberg interview, Matt Taibbi of Rolling Stone — who coined many of Goldman’s mostderogatoryepithets — has let loose even more scathing comments not unlike this one below from the 3:00 minute mark…

“This is a massive blow to Goldman Sachs […] this is a story about Goldman ripping off their own clients, and this is going to resonate loud and clear across Wall Street and across its entire client base. I can’t imagine how anybody would want to do business with this bank after they’ve learned about this story and I think that’s going to be very damaging.”

You can watch the clip here, which came to our attention via The Mess That Greenspan Made’s post on how Blankfein may now be less popular than the Pope.

The Daily Reckoning