Gary D...a young Tony Soprano

If the fish really does rot from the head, then the Feds are finely fileting Goldman, one sack at a time. After months of dragging Lloyd Blankfein through the mud and making him dance through subsidized hula hoops, they look to a new whipping boy this week.

Gary Cohn is Lloyd's #2 and intensely private. Beside being dyslexic and struggling with plot driven story lines, he's the guy who took Goldman's $1 billion/week mortgage securities trading business (2000) and grew it to $50 bill/week in just three years.

Having made most of his money in aluminum, Cohn is not the prototypical Goldman guy. He's a small town kid, without the Ivy pedigree and perhaps that makes the feds see him as a potential Vincenzo Pentangeli.

The strategy seems clear, put as many suspects in different rooms as possible and try to lock them into diverging stories. Though I am not quite sure how many different ways the feds can stand to hear the same tale.

Will the G-men be able to stretch the wiley wiseguy formerly known as "Gum Guy"? Hopefully, not...many an Anguillan resort may suffer as a result.

 

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