The European commission president, Jean-Claude Juncker, has criticised the controversial decision of his predecessor, José Manuel Barroso, to join the investment bank Goldman Sachs. Juncker said he objected to Barroso’s decision to work for Goldman because of the US investment bank’s role in the financial crisis. Photograph: Olivier Hoslet/EPA“I think José Manuel Barroso is an honest man and he is a friend. “Goldman Sachs was one of the organisations that knowingly or unknowingly contributed to the enormous financial crisis we had between 2007 and 2009. In a letter to Juncker, Barroso said he was not being employed as a lobbyist nor as a special adviser on Brexit.

Source: The Guardian September 15, 2016 12:31 UTC