Warren blasts Goldman Sachs CEO, defends Sanders

US Senator Elizabeth Warren in January.
US Senator Elizabeth Warren in January.Jessica Rinaldi/Globe Staff/File/Globe Staff

US Senator Elizabeth Warren waded into the 2016 Democratic primary battle by jumping to Senator Bernie Sanders’ defense in an interview with the International Business Times this week.

Warren criticized Goldman Sachs CEO Lloyd Blankfein, who made disparaging comments against Sanders on CNBC.

According to Politico, Bloomberg Politics asked Sanders to name an example of corporate greed, and he supplied Blankfein’s name.

Blankfein said of Sanders’ attacks on Wall Street, “It has the potential to personalize it, it has the potential to be a dangerous moment. Not just for Wall Street not just for the people who are particularly targeted but for anybody who is a little bit out of line.”


Blankfein and Goldman Sachs have ties to both Bill and Hillary Clinton, and the company has donated to Bill Clinton’s charity causes in the past, according to Politico.

However, it took Warren, a Massachusetts Democrat who has yet to endorse anyone in the presidential primary, little time to fire back at Blankfein. She told the International Business Times that he “thinks it’s fine to prosecute small business owners, it’s fine to go hard after individuals who have no real resources, but don’t criticize companies like Goldman Sachs and their very, very important CEO — that’s what he’s really saying.”

Warren added, “When Blankfein says that criticizing those who break the rules is dangerous to the economy, then he’s just repeating another variation of ‘too big to fail,’ ‘too big to jail,’ ‘too big even to prosecute.’ That tells you here we are, seven years after the crisis and these guys still don’t get it.”