Tom Glocer and Goldman Sachs

It seems Tom Glocer not only resides in the Ivory Tower; he now thinks he owns it, as well. Interestingly, he appears to stand alone as his sole supporter for his bizarre comments in support of Goldman Sachs against fraud charges. Of course, it did take him more than a week, no doubt after huddling with a bunch of high-priced lawyers, to decide his course of action was correct. Goldman Sachs may well be exonerated of the charges, but to paraphrase the earlier comments of Michael Reupke: Why are we not hearing from the Trustees about the behavior of the CEO? You have to wonder how long a Reuters journalist would survive a blog critical of their top executive. ■