Warner reports that he still can't make up his mind

Jeremy Warner, the Daily Telegraph's "brilliant new columnist", still can't make his mind up about anything that matters.
Musing on the massive Goldman Sachs second quarter profits and the bank's role in the financial crisis he offers: "It’s pointless to get into the debate over Goldman’s culpability in what happened."
Why is it pointless? Surely deciding if Goldman is culpable or not is central to any description of how the bank is doing.
Warner says Goldman "rightly or wrongly is judged to have contributed to the near collapse of the banking system and a deep recession in the real economy".
Well, which is it?
As usual, Warner doesn't know, and is too timid to even venture an opinion.

Update: for a more critical view of Goldman Sachs during the credit crisis, click here.