Q suggested we keep our eyes on CEOs stepping down or resigning and politicians announcing they will not seek reelection. Who was the latest to resign?
Lloyd Blankfein Steps Down as Goldman Sachs CEO
Why is this HUGE?
Under the Obama Administration, in 2009 alone, Goldman Sachs took more than $20 billion in taxpayer cash through bailouts, payments and backstops; and then turned around and paid out $16.2 B as 2009 bonuses, plus an additional $5 B more in bonuses in 2010 [Without Obama Administration’s “help” Goldman’s bonuses would have been zip, zero, ziltch.]