Hollande Calls Barroso’s Goldman Sachs Job Morally Unacceptable
- French leader adds to criticism of move in Portugal, EU
- Barroso led European Commission, was Portugal’s prime minister
Jose Manuel Durao Barroso, former President of the European Commission.
Photographer: CIPRIAN HORD/Everyday Projects via Getty ImagesThis article is for subscribers only.
Jose Manuel Barroso’s decision to join Goldman Sachs Group Inc. is “morally unacceptable,” French President Francois Hollande said, adding to criticism of the former European Commission president’s decision to work for the U.S. investment bank.
Hollande, asked about Barroso during his annual Bastille Day television interview on Thursday, said Goldman Sachs was implicated in the financial crisis that began with U.S. sub-prime mortgages and in helping Greece cover up its debt.