Posted: 23 Aug 2011 03:00 PM PDT
Weingarten is a very heavy legal hitter, so it looks like old Lloyd really is worried. Geeze, Lloyd, haven't you noticed bankers don't go to jail? (h/t odd man out.)
Goldman Sachs Chief Executive Lloyd Blankfein has hired high-profile Washington defense attorney Reid Weingarten, according to a government source, as the Justice Department continues to investigate the bank.
Blankfein, 56, is in his sixth year at the helm of the largest U.S. investment bank, which has spent two years fending off accusations of conflicts of interest and fraud.
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