Goldman CEO Hires Lawyer

L.A. Times - Goldman Sachs Chief Executive Lloyd Blankfein has hired a prominent Washington criminal law attorney to defend him against any charges resulting from government investigations into the financial crisis. Blankfein, one of the most prominent and successful figures on Wall Street, retained Reid Weingarten, an attorney known for representing clients in high-profile cases of alleged corporate wrongdoing. He has represented such former executives as WorldCom Inc. CEO Bernard J. Ebbers and former Tyco International Ltd. general counsel Mark Belnick.
Blankfein is not facing any criminal charges and is not even known to have spoken with criminal prosecutors. Goldman Sachs Group Inc. said the CEO reached out to Weingarten some months ago after the Senate's Permanent Subcommittee on Investigations wrote a report about the financial crisis that accused Blankfein of lying to Congress — a report that was then handed on to the Department of Justice. "As is common in such situations, Mr. Blankfein and other individuals who were expected to be interviewed in connection with the Justice Department's inquiry into certain matters raised in the [Senate subcommittee] report hired counsel at the outset," a spokesman for Goldman said in a statement. Read full story here: News New Mexico

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