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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Sitemap Goldman chief says US charges are political: report AFP - Friday, April 23 Send IM Story Print Goldman Sachs chief executive Lloyd Blankfein, pictured in January, has attacked US fraud charges against his investment bank as politically motivated in calls to important clients, the Financial Times reported on Thursday. LONDON (AFP) - – Goldman Sachs chief executive Lloyd Blankfein has attacked US fraud charges against his investment bank as politically motivated in calls to important clients, the Financial Times reported on Thursday. "He feels that the government is out to kill them, that they are under attack and the whole thing is totally political," one person who received a call told the business daily, adding that he said the action "hurts America". Blankfein left clients, including private equity executives, with the impression that he was eager to fight the charges laid by the US Securities and Exchange Commission in court, the FT reported. The civil suit filed by the SEC on Friday accused Goldman of "defrauding investors by misstating and omitting key facts" about a financial product based on subprime mortgage-backed securities. The bank denies any wrongdoing. US President Barack Obama denied "categorically" on Wednesday that the White House had prior knowledge of the charges, which came at a pivotal point in his drive to pass reforms of risky business practices in the US finance industry. Recommend Send IM Story Print News Search Top Stories Greece hit by widening deficit, ratings downgrade Obama makes defining pitch for finance reform At least 45 wounded in Bangkok blasts: hospital Airlines want compensation as Europe's skies reopen Deficit slide plunges Greece deeper into turmoil More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Apple engineer loses iPhone prototype Iceland turns to jokes -- and soul-searching Airlines want compensation as Europe's skies reopen Former IOC chief Juan Antonio Samaranch dead at 89 Airlines lost '$1.7 bln' from ash chaos More Most Viewed » Apple engineer loses iPhone prototype Two-million-year-old hominid sheds light on evolution Taiwan's male 'Susan Boyle' a web sensation Airlines want compensation as Europe's skies reopen More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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