Government Sachs?
Goldman Sachs is a huge investment banking firm. It received $10 billion in Federal bailout money and has friends in high places. In this New York Post article, John Crudele wonders if the recent bear market rally isn’t largely a product of Goldman Sachs maneuvering.
Consider the following as well. Former Clinton Secretary of Treasury, Robert Rubin, was CEO of Goldman Sachs. Rubin helped run Citigroup into the ground afterward. Former Bush Secretary of Treasury, Henry Paulson, was CEO of Goldman Sachs. Paulson engineered the $700 billion bank bailout. Current AIG CEO, Edward Liddy, holds a $3 million stake in Goldman Sachs. Who was allowed a seat at the table when the Federal Government bailed out AIG? Goldman Sachs. Who did current Treasury Secretary, Timothy Geithner, select as his chief of staff? Mark Patterson, a former lobbyist for Goldman Sachs. Who did Larry Summers, one of Obama’s top economic advisors, speak for last year for a cool $135,000? You guessed it, Goldman Sachs. Can it be any more obvious?
As one top trends forecaster said, “The fix is in, the game is rigged.” What do you get when Big Business and Big Government are in bed together? Fascism.
Read the article here.


FederalistLady said:
Please help me find this article. I see on the link that it was printed in the business section on May 2nd. But when I go to the New York Post website directly, it isn’t there.
May 2nd, 2009 at 8:18 pm