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	<title>Panic &#187; Lloyd Blankfein</title>
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		<title>Blankfein’s Theology</title>
		<link>http://www.capitalismbetrayed.com/index.php/2010/04/28/blankfeins-theology/</link>
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		<pubDate>Wed, 28 Apr 2010 13:37:32 +0000</pubDate>
		<dc:creator>Richard Vigilante</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Andrew Redleaf]]></category>
		<category><![CDATA[CDO]]></category>
		<category><![CDATA[Goldman case]]></category>
		<category><![CDATA[Lloyd Blankfein]]></category>
		<category><![CDATA[Richard Vigilante]]></category>

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		<description><![CDATA[CEO Blankfein says Goldman does God’s work. He must have meant bingo.
The legitimate function of financial markets is to efficiently move money from savers into business investment. This is true of primary issues—a newly issued stock or bond—but also of secondary sales (I sell you my pre-existing shares of SNAFU industries) because even in the [...]]]></description>
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