Still 'God's work'? Blankfein defends Goldman

Lloyd Blankfein 
Adam Jeffery | CNBC

It wasn't quite "God's work." But it was close.

Goldman Sachs CEO Lloyd Blankfein came out swinging in defense of global capitalism as well as bonuses paid by the firm after it received government aid in the wake of the financial crisis.

At panel at the Clinton Global Initiative meeting Wednesday afternoon, moderator Fareed Zakaria had asked Blankfein to respond to the two-year anniversary of the Occupy Wall Street protest movement.

At first Blankfein took a light-hearted tact, saying that if he had realized it was such an important anniversary he would have sent flowers. But a few moments later the Goldman chief executive and chairman turned more serious.