Blankfein: Bankers Warned Obama of Default Risks

Oct. 2 (Bloomberg) -- Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein and Bank of America Corp. CEO Brian Moynihan talk with reporters about today's meeting between financial executives and President Barack Obama at the White House. The meeting took place on the second day of a partial government shutdown caused by a deadlock between Democrats and Republicans that is merging into an approaching battle over raising the U.S. debt limit. (Source: Bloomberg)