Inside Goldman, Lloyd Is Lauded

For all of Lloyd Blankfein’s enemies–Rolling Stone writers, editorial boards, senators, shareholders, and commission heads–the Goldman Sachs C.E.O. still has his partners.

Four days after the S.E.C. filed a devastating suit against the firm, Goldman’s partners gave Mr. Blankfein a standing ovation, according to Brad Hintz, an analyst who spoke to several executives. Mr. Hintz said Goldman’s employees have “closed ranks” and “are pulling together like a team under pressure.”

The standing O would seem to indicate that Goldman’s brass likes Mr. Blankfein’s spirited defense against charges that it misled investors. Which is good, since Mr. Blankfein seems to be planning a network t.v. offensive.