Abstract

In 2009, the United States created the Financial Crisis Inquiry Commission (FCIC) to investigate the causes of the so-called global financial crisis of 2007-2008. This paper examines the FCIC’s interview with Lloyd Blankfein, Chairman and CEO of Goldman Sachs. Initially, we interpreted certain recurring patterns in the language employed by Blankfein as tactics used to “evade” moral responsibility. However, re-examining the inquiry proceedings using a critical discourse perspective led to surprising insights. Examining the discourse around moral responsibility as involving account-seeking (by the FCIC) and account-giving (by Blankfein) suggested that narrative limitations may be inherent to the accounting process, making it nearly impossible to fully account for the (im)morality of one’s actions. Any discourse on moral responsibility that fails to acknowledge such limits is liable to perpetrate violence of one kind even as it seeks to redress another.

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