Goldman Sachs article updated with company comment
- Goldman Sachs (GS) CEO Lloyd Blankfein has hired a high-profile Washington D.C. defense attorney, Reuters reports.
- Attorney Reid Weingarten's past clients include a former Enron accounting officer.
- Goldman faces several civil lawsuits and federal investigations tied to the 2008 financial crisis.
Blankfein has not been charged with any civil or criminal case. Goldman Sachs has, however, been targeted by investigators for allegedly selling mortgage-backed securities that were backed by loans that were destined to fail, trading against the interest of its clients and for favoring some clients over others.
|Goldman Sachs CEO Lloyd Blankfein|
Weingarten is a partner at a partner at Steptoe & Johnson, whose past clients include senior executives at Enron, Worldcom and Tyco. The lawyer has worked on cases involving bank fraud, bribery and public corruption, according to the law firm's web site. He is also
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