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CEO Blankfein Apologizes for Goldman Sachs Role in Crisis

Posted by tiffiniy on Nov 18, 2009

"Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc., apologized for the firm’s role in some of the activities leading to the financial crisis.

“We participated in things that were clearly wrong and have reason to regret,” Blankfein, 55, said at a conference in New York hosted by the Directorship magazine. “We apologize.”

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