Tuesday, May 19, 2009

Red alert !!

From today's NYT:

BlackRock has many admirers for the range and quality of services it has provided to the federal government. James Wilkinson (ex Paulson chief of staff) described CEO Laurence Fink as a 'patriot'. "He is willing to help our country when we need it most."

Mr Fink...bristled at the suggestion of impropriety.

When wall street types 'bristle' at legitimate questions of oversight, my hairs stand on end.....

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