Quote of the Day: Hmmmmm...

Long, thoughtful pauses followed by rambling non-responsive answers can easily devour half of a member’s allotted questioning time.

— O’Melveny & Myers partner K. Lee Blalack II in March, discussing preparing clients for congressional hearings. Goldman Sachs hired Blalack to advise CEO Lloyd Blankfein for today’s Senate grilling.

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