What a statement

I don't think Obama will have much trouble turning the common people against Wall Street with comments like this.

www.mcclatchydc.com...
WASHINGTON — Turning its scrutiny to bigger fish in the subprime mortgage scandal, the Justice Department is investigating whether lenders or Wall Street firms defrauded investors in the sale of risky mortgage securities, its Criminal Division chief disclosed Thursday.

Asked about Goldman's secret bets against the housing market while it sold $40 billion in risky mortgage securities in 2006 and 2007, Blankfein said he thought "that the behavior is improper, and we regret the result — the consequence that people have lost money in it."

On Thursday, Goldman said that Blankfein had "said no such thing" and that the question was "predicated on the assumption that a firm was selling a product that it thought was going to default" and in that case, "the practice would be improper."

Mr. Blankfein does not believe, nor did he say, that Goldman Sachs had behaved improperly in any way," the firm said.

A commission spokesman said: "The hearing was Webcast, which is available on our Web site, and a transcript will be available shortly."

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The lesson to learn here is don't speak at all when you are on camera or at least don't say anything your speech writers have not written.
Can you say "foot in mouth"?