1. Goldman's Blankfein hits bottom in Vanity Fair survey

    Home - Financial News Online
    Lloyd Blankfein, chairman and chief executive of Goldman Sachs, fell from the top spot last year to the bottom in Vanity Fair’s annual ranking of the 100 most influential people of the information age. Financial News looks at how others from the financial world have fared.
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    1. It's hard to imagine a financial institution that has weathered the economic crisis as well as Goldman Sachs has. Wall Street's most watched and talked-about erstwhile investment bank took just seven months to shake the government off its back - it repaid its tarp funds ($10bn) in June - and return to doing what it does best: making money.
      By Lloyd Blankfein
    2. Dodged a bullet when: Goldman's July settlement with the SEC. over accusations of fraud in the Abacus scandal was a paltry $550m. Big money to the rest of us but a mere 15 days' worth of profits for the Wall Street powerhouse the population at large continues to love to hate.

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