Ethical Character

Steve Pearlstein at the Washington Post:

"I know you'll all be comforted, as I was Wednesday, by the public vote of confidence from Steve Schwartzman, chief executive of private equity giant Blackstone Group, when he said that his firm would continue to do business with Goldman Sachs and that he's never had a shred of doubt about the investment bank's ethical character."

You know what, Steve? I don't know what you are complaining about. I never had a shred of doubt about Goldman Sachs' ethical character either.

Turns out I was right, too.

Comments

Poll P. said…
And now, of course, we know what to think of the Blackstone Group.
April 23, 2010 at 12:26 PM
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