“We participated in things that were clearly wrong and have reason to regret,” Blankfein, 55, said at a conference in New York hosted by the Directorship magazine. “We apologize.”

So why isn’t he on the way to The Hague to be tried for crimes against humanity? What the hell am i missing??

At a time when rising poverty, widespread unemployment and other effects of the recession have been well documented, the report released Monday by the U.S. Department of Agriculture provides the government’s first detailed portrait of the toll that the faltering economy has taken on Americans’ access to food.

The magnitude of the increase in food shortages — and, in some cases, outright hunger — identified in the report startled even the nation’s leading anti-poverty advocates, who have grown accustomed to longer lines lately at food banks and soup kitchens. The findings also intensify pressure on the White House to fulfill a pledge to stamp out childhood hunger made by President Obama, who called the report “unsettling.”

The data show that dependable access to adequate food has especially deteriorated among families with children. In 2008, nearly 17 million children, or 22.5 percent, lived in households in which food at times was scarce — 4 million children more than the year before. And the number of youngsters who sometimes were outright hungry rose from nearly 700,000 to almost 1.1 million.

Among Americans of all ages, more than 16 percent — or 49 million people — sometimes ran short of nutritious food, compared with about 12 percent the year before. The deterioration in access to food during 2008 among both children and adults far eclipses that of any other single year in the report’s history.”

Read the whole thing here: http://tinyurl.com/ylx2ofd

and if you run into Blankstein, punch him in his smarmy kisser. For Jesus.

I do have an issue with the semantics of describing GS wealth acquisition. Reporters continue to say how great GS is at “making” money. So much of what they acquire is of dubious means. Wouldn’t it be more approriate to refer to their self-wealth creation to “obtaining”, “skimming”, “procuring”, “landing”, and in some cases “stealing”. The idea that they “earn” what they obtain doesn’t seem to relect the reality.

So, yep, Taibbi is right again. And, Tyler is on the prowl with statistics to back it up.

Goldman is around only because they got their tail saved by government money while all the rest of us trade and invest out here in a “market” that they swing that government dough around in.