Breaking: Goldman Sachs Apologizes for Earnings, Promises to Reduce Profits
Lloyd Blankfein, CEO of Goldman Sachs, apologized today for his firm's strong earnings in 2009. In a press statement, he took responsibility for the profit and promised to lose money more aggressively for the remainder of the year.
"We are cognizant of the difficulties faced by average Americans and realize that earning money this year is insensitive and shows a lack of gratitude to the American people. We have had difficulty reeducating our employees to understand that there is a right time and wrong time for profitability. Had we known how much money we would make, we would certainly have taken more drastic steps to avoid this unfortunate situation.











