Nov
20
2012

You Think You're Getting Social Security But You're Not, Says Multimillionaire Banker

Lloyd Blankfein (photo: Stuart Isett)

What should the U.S. do about the so-called "fiscal cliff"? Who better to ask than Goldman Sachs CEO Lloyd Blankfein, "one of the world's most influential bankers"? That's what CBS Evening News must have been thinking, anyway, when they did a segment last night (11/19/12) all about Blankfein's opinions. CBS's Scott Pelley began: "When we asked Blankfein how to reduce the federal budget deficit, he went straight for the subject that politicians don't want to talk about." BLANKFEIN: You're going to have to undoubtedly do something to lower people's expectations. The entitlements, and what people think that they're going to […]