Goldman Sachs’ Blankfein warns on debt ceiling impasse

October 02, 2013 at 12:46 PM
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The heads of the most powerful banks in the nation and perhaps in the world met with President Obama on Wednesday to discuss the government shutdown and the looming debt ceiling debate. The banking titans expressed grave concern and the damage Washington's ineptitude was having on the health of the American economy with some estimates saying it was costing us $300 million a day.