As you might have heard, Lloyd Blankfein has been testifying this morning in the Raj Rajaratnam trial. Lloyd is there because one of Rajaratnam’s alleged insider trades was based on information he received from former Goldman Sachs board member Rajat Gupta. To recap, Gupta took part in a fall 2008 conference call with GS management and fellow board members and after hanging up, made himself wait exactly twenty three seconds before getting Raj on the horn. Was this cool with LB and was it considered an acceptable course of action for those lucky enough to be part of Goldman’s inner sanctum, prosecutors asked?

You bet your asses it was not.

“On that call, did Rajat Gupta violate Goldman Sachs’s confidentiality policy?” Special Assistant U.S. Attorney Andrew Michaelson asked.

“Yes,” Mr. Blankfein said.

Mr. Blankfein wore a dark suit. He smiled at the gathered gaggle of reporters covering the trial as he walked in the courtroom and gestured with his hands as testified.

Blankfein: Gupta Violated Board Confidentiality [WSJ]

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Comments (28)

  1. Posted by derp | March 23, 2011 at 4:17 PM

    “he walked in the courtroom and gestured with his hands as testified.”

    Specifically, Mr. Blankfein gestured with his hands in a dismissive self-wanking motion

  2. Posted by InfiniteGuest | March 23, 2011 at 4:21 PM

    Michaelson: Show us where on the doll.

  3. Posted by Guest | March 23, 2011 at 4:21 PM

    SIDE BAR– Your Honor, I request that this witness be excused because God’s work has been done here and the witness’s services are needed elsewhere right now, like the kitty and puppy shelter in Downtown Manhattan..

  4. Posted by Covey 01 | March 23, 2011 at 4:26 PM

    God has spoken and he sayeth it was wrong. Bet you LB went to Minettas for lunch afterwards.

  5. Posted by NYRebel | March 23, 2011 at 4:28 PM

    Sermon on the mount.

  6. Posted by Anonymous | March 23, 2011 at 4:39 PM

    Goldman II, Chapter VI, verse 1-3:
    And lo, Blankfein spake, and his words condemneth Raj Raj. And Raj Raj will be cast into the outer darkness of rural Pennsylvania for 40 months, where a mighty fortress hath been built to receive him. And Raj Raj shall be sore each morning for 40 months, after Bubba hath come onto him in the night.

  7. Posted by Transcript | March 23, 2011 at 4:40 PM

    Defense: Objection!
    Judge: On what grounds?
    Defense: The witness isn’t even on the stand.
    Judge: Errr…what? He’s sitting right there.
    Defense: Well, we can’t see him. His head doesn’t reach above the rail.
    Judge: Bailiff, please place two telephone books under the witness.

  8. Posted by Llloyd's Mouthpiece | March 23, 2011 at 4:41 PM

    Yes, your honor, Mr. Blankfein has made a generous donation in order to be today’s “guest euthanizer”. He really has been looking forward to putting a few kitties down.

  9. Posted by Llloyd's Mouthpiece | March 23, 2011 at 4:41 PM

    Yes, your honor, Mr. Blankfein has made a generous donation in order to be today’s “guest euthanizer”. He really has been looking forward to putting a few kitties down.

  10. Posted by Anonymous | March 23, 2011 at 4:42 PM

    This reminds me of the time I was pinched for selling stolen cigarettes. When I was let out on bail all the guys were really happy because I popped my cherry and didn’t rat on anyone. Later on I married Karen and she flushed all of my coke down the toilet and I had to go into witness protection. Now if I order spaghetti with marina sauce they give me egg noodles with ketchup. Looks like Raj should lay off the spaghetti.

    -H. Hill
    Undisclosed location

  11. Posted by Guest | March 23, 2011 at 5:01 PM

    UBS Sucks

  12. Posted by Anonymous | March 23, 2011 at 5:11 PM

    Where is Lionel Hutz when you need him! God needs him!

    LB

  13. Posted by Anonymous | March 23, 2011 at 5:11 PM

    Where is Lionel Hutz when you need him! God needs him!

    LB

  14. Posted by Guest | March 23, 2011 at 5:14 PM

    beep/whir
    ###
    pvt.blop

    because of this I predict in nine months hence there will be many newborn babies ….

    – STAR

  15. Posted by Guest | March 23, 2011 at 5:14 PM

    beep/whir
    ###
    pvt.blop

    because of this I predict in nine months hence there will be many newborn babies ….

    – STAR

  16. Posted by Guest | March 23, 2011 at 5:14 PM

    beep/whir
    ###
    pvt.blop

    because of this I predict in nine months hence there will be many newborn babies ….

    – STAR

  17. Posted by Guest | March 23, 2011 at 5:14 PM

    beep/whir
    ###
    pvt.blop

    because of this I predict in nine months hence there will be many newborn babies ….

    – STAR

  18. Posted by NYRebel | March 23, 2011 at 5:37 PM

    win.

  19. Posted by In Side Her Trading | March 23, 2011 at 5:47 PM

    I’m fucking drunk.

    - Rich Kimball.

  20. Posted by Deaf in one ear | March 23, 2011 at 7:02 PM

    Why is it that when LB wags his finger I listen closer because it might be important and when BHO wags his finger, I want to cut it off and shove it in my ear so I don’t have to listen?

  21. Posted by Anonymous | March 23, 2011 at 8:04 PM

    The Dear Leader knows all and sees all…..he is doing god’s work here!

  22. Posted by Guest | March 23, 2011 at 9:13 PM

    My money is now all on Raj and his astute lawyer, the 69-year old, Mr. Dowd. see below

    “John Dowd, an attorney for Mr Rajaratnam, noted that Goldman’s lawyers conducted an internal investigation between December 2009 and February 2010. He also revealed that Mr Blankfein was interviewed by the FBI in January 2011. Prosecutors objected to both lines of questioning.”

  23. Posted by Guest | March 23, 2011 at 9:34 PM

    come unto*

  24. Posted by robD | March 24, 2011 at 3:17 PM

    It’s a service we do for the world.

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  28. Posted by Santo Dilligard | May 9, 2012 at 10:53 PM

    the faggot sounds 12

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