Goldman CEO Says One Thing, Goldman Does Another

Goldman CEO Caught Lying?
WASHINGTON - APRIL 27: Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, DC. The subcommittee is investigating the role of investment banks during the Wall Street financial crisis. (Photo by Mark Wilson/Getty Images)
WASHINGTON - APRIL 27: Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee on Capitol Hill on April 27, 2010 in Washington, DC. The subcommittee is investigating the role of investment banks during the Wall Street financial crisis. (Photo by Mark Wilson/Getty Images)

Sitting onstage in Washington's Ronald Reagan Building in July, Lloyd C. Blankfein said Goldman Sachs Group Inc. (GS) had stopped using its own money to make bets on the bank's behalf.

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