“I hope people wake up — America has to suck it up.” Mr. Perella said at a panel discussion on Wednesday hosted by Thomson Reuters. “The country is 40 percent overweight, Bloomberg tries to close down schools that turn out only 25 percent of the ‘products’ that work and he can’t, the budget is completely out of whack. None of this is going to get fixed if people aren’t willing to sacrifice.”
Crisis Commission Tells Goldman Sachs to Stop Delaying
The Financial Crisis Inquiry Commission slapped Goldman Sachs with a subpoena for documents and emails the bank has failed to turn over "in a timely manner," according to a press release from the Commission.