Blankfein to Testify Goldman Didn't Bet Against Clients

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April 26 (Bloomberg) -- Lloyd Blankfein, Goldman Sachs Group Inc.'s chairman and chief executive officer, will tell a Senate committee tomorrow that the firm didn't wager against clients and didn't make a big bet against the housing market. "We didn't have a massive short against the housing market and we certainly did not bet against our clients," Blankfein, 55, will tell the Permanent Subcommittee on Investigations, according to a prepared text of his remarks. Bloomberg's Julie Hyman reports. (Source: Bloomberg)


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