European Commission chief Jean-Claude Juncker has slammed his predecessor’s appointment as an advisor to Goldman Sachs due to the bank’s role in the financial crisis.<br /><br /> Jose Manuel Barroso was named as a non-executive chairman of the US investment bank in July, sparking an outcry amongst some members of the European Parliament.<br /><br /> Goldman Sachs admitted in April that it had defrauded US investors by selling them sub-prime financial products, paying out just over five billion dollars.<br /><br /> Juncker’s comments came in a live YouTube chat with three young ‘stars’ who have made a name for themselves on the website.<br /><br /> “Personally I do not have a problem with him working for a private bank – but maybe not this bank,” said Juncker in an interview with French YouTuber Laetitia Birtes. <br /><br /> “Goldman Sachs was one of the organizations that knowingly or unknowingly contributed to the enormous financial crisis between 2007 and 2009.” <br /><br /> The former prime minister of Luxembourg also took questions on the recent tax scandal in Europe, including his role in shaping sweetheart tax deals in the Grand Duchy.<br /><br /> “Very often, bank robbers and poachers are amongst the best police forces,” said Juncker.<br /><br /> The interview was broadcast live on euronews.com as part of a partnership with YouTube and the European Commission.<br />
