Dear Abby Joseph Cohen: How many entities does it take to cause a meltdown?
Do you feel any responsibility for the economic meltdown of 2008, which you failed to foresee?
That’s an odd question to be asking me.
I did not think that was part of what we were going to be talking about.
We’re talking about your life; there was a big meltdown in 2008. I’m wondering, how do you deal with that emotionally?
I would say that the causes of the meltdown were multiple, and it is a mistake to point a finger at any one entity. And that these problems took place not just in the United States. This was a very unfortunate confluence, bad decisions made by many different entities.
Pathetic answers from a Goldman Sachs entity.