Goldman Sachs boss: 'bankers do God's work'

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6524972/Goldman-Sachs-boss-bankers-do-Gods-work.html

A taste of the mental illness we are dealing with.


BLOOMBERG: Mr Blankfein, the son of a Brooklyn postal worker, believes that banks serve a "social purpose" and argues that the return of big profits and bonuses should be welcomed as proof the economy is recovering.

Speaking to The Sunday Times, he argued: "We're very important. We help companies to grow by helping them to raise capital. Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. We have a social purpose."