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Blankfein: Regulate The Hedge Funds! Fix Compensation! Get These Crazy Hos Off The Stage!

As you're likely aware, Lloyd Blankfein spoke to a conference of the Council of Institutional Investors this morning. He said we need "some degree" of government oversight on hedge funds and private equity and that "we should apply basic standards to how we compensate people in our industry." Way more importantly, he interfaced with a coupla members of Code Pink, those ladies who've been showing up at congressional hearings wearing homemade tee-shirts and bearing signs with demands like "Give our $ back!" Two of 'em made their way all the way to the stage and exchanged words with Blanks, who whispered something to one of them, causing her to smile and move her ass out of the way. But what?! We'll post footage as soon as it's available, but in the meantime, feel free to take a stab.