Thursday, April 14, 2011

OK, which of these 2 stories will grow legs?

From today's San Fransisco Chronicle, which Guambat only rarely reads since Herb Caen passed away:

Barry Bonds guilty of obstruction of justice
Barry Bonds, the former Giants outfielder and baseball's all-time home-run leader, was convicted Wednesday of obstruction of justice for giving evasive answers to a federal grand jury that questioned him about his use of performance-enhancing drugs.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/04/13/MN491J01BR.DTL#ixzz1JTL9Vhos

Goldman Sachs Misled Congress After Duping Clients, Levin Says
Goldman Sachs Group Inc. misled clients and Congress about the firm's bets on securities tied to the housing market, the chairman of the U.S. Senate panel that investigated the causes of the financial crisis said.

The Michigan Democrat also said federal prosecutors should review whether to bring perjury charges against Goldman Sachs Chief Executive Officer Lloyd Blankfein and other current and former employees who testified in Congress last year. Levin said they denied under oath that Goldman Sachs took a financial position against the mortgage market solely for its own profit, statements the senator said were untrue.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/04/13/bloomberg1376-LJM1ZZ1A1I4H01-0493A7DJR7692BN3LRLEGM0701.DTL#ixzz1JTLcT2g6
Bonds and Blankenfeld, both accused/guilty of bald-headed lies. Which one will we still be talking about in six months?

Sigh.

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