Putting Clinton's "Bloodlust" Comments In Perspective

Bill Clinton’s advice to then US Treasury Secretary Tim Geithner is more an indication of the Clinton’s attitude towards the big banks than a comment on Geithner. Clinton calls desire to hold banks accountable “bloodlust” As reported in the New York Times, Geithner sought Clinton’s opinion on how to address populist unrest that would only grow in the wake of the 2008 financial crisis – a crisis identified by many hedge fund managers as the first crisis caused by Wall Street financial engineering.  Against this backdrop, Clinton said to Geithner: “You could take (Goldman Sachs CEO) Lloyd Blandfein into a…