A Rare Bit of Cheery News on the Banking Front

Posted: 26 Apr 2011 12:17 AM PDT

Posts will probably be thin tonight because I lost a big chunk of the afternoon getting to and from and then doing a filming session for a French TV documentary on Goldman Sachs to be broadcast in the fall. The focus is whether the firm is too dangerous and powerful. They are interviewing some of the other logical suspects on this topic, such as Nomi Prins, John Carney, and Anat Admati. The session was fun even though it put me behind the eight ball.
One amusing tidbit: they were desperately pumping me to put them on to anyone credible who would say something positive, or even mixed, on camera about Goldman. They have been unable to find anyone independent of even moderate stature who will defend the firm.