Goldman Sachs held a conference call for clients of the private wealth management unit this afternoon.
Lloyd Blankfein was on the call, as were several journalists who were no doubt leaked the call-in number and not thrown off as they usually are. As expected, the entire call seemed to be a nice advertisement for Goldman with Lloyd repeating most of what he said on Charlie Rose last week. This quote from the call pretty much sums it up:
“We don't want people to just be happy to be with Goldman. We want them to be bragging.”
Tell that to IKB Deutsche Industriebank.