Goldman Sachs is too entrenched in the Federal Government. What is President Barack Obama going to do about it?
July 17 (Bloomberg) -- President Barack Obama announced today he was nominating Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department.
The Goldman Sachs issue creates extreme cognitive dissonance in the media. Goldman is evil. Goldman is robbing taxpayers. Obama supports the "little guy."
How does the media reconcile these conflicting beliefs? Thus far, the media has ignored Barack Obama's connections to Goldman Sachs. Otherwise, one might be forced to ask the uncomfortable questions: Does Obama care more about Wall Street than Main Street?
Bonuses paid to executives at nine banks that received U.S. government bailout money in 2008 were greater than net income at some of the banks, the office of New York Attorney General Andrew Cuomo said on Thursday.
Thirty four year-old blogger, Elisha Strom, has been arrested in Bedford County, Virginia for posting photos and the home address of an undercover narc on her blog. Her most recent post is rather harrowing. It simply reads “Uh-Oh. They’re Here."
Remember our old friend Charles Millard? He's the former Lehman investment banker who, after taking over the federal agency that guarantees our pension systems, had a genius idea to ignore a host of warnings and switch
The Pension Benefit Guaranty Corporation recently revoked contracts with BlackRock, Goldman Sachs and JPMorgan Chase based on questions surrounding how the formal bidding process was run
“This is a very big fish on the line,” one BlackRock executive wrote to another, discussing the government official.
The money-laundering portion of the
investigation swept up several rabbis in New York and New Jersey,
according to Ralph Marra Jr., acting U.S. attorney for New Jersey.
A veteran New Jersey political consultant who was among dozens arrested
in a huge corruption sweep last week was found dead in his Jersey City
apartment on Tuesday, the same day that one of three mayors charged in
the case resigned.
Federal
agents swept into New Jersey towns across several counties Thursday
morning, (July 23, 2009) charging 44 people including mayors and
religious leaders in a federal investigation into public corruption and
money laundering.
The Senate ethics committee has interviewed a former Countrywide Financial executive who testified under oath that Sens. Christopher J. Dodd (D-Conn.) and Kent Conrad
(D-N.D.) were aware that they were accessing a special program to give
below-market-rate mortgages to the powerful and famous when he arranged
their loans, according to the executive's attorneys.
Direct Edge is owned by Goldman Sachs (GS.N), JPMorgan Chase & Co (JPM.N), hedge fund Citadel, Knight Capital Group (NITE.O), and the International Securities Exchange, a unit of Deutsche Boerse’s...
Readers of this blog know I'm allergic to conspiracy theories. But surveying the scene out there, it is hard to not conclude that Goldman Sachs has become the "front-runner" of a criminal syndicate defrauding US taxpayers.
The Senate on Friday unanimously approved Mignon Clyburn's
appointment by President Barack Obama to a five-year term on the
Federal Communications Commission.
The Senate
confirmation vote places the eldest daughter of a powerful congressman,
House Majority Whip Jim Clyburn, on a key oversight agency at a
turbulent time for media and other telecommunications industries.
Former Florida House Speaker Ray Sansom insists he did not misuse
his position when he funneled tens of millions to a state college that
later hired him, but he wants a legislative panel to delay its
investigation until after his criminal trial.
"Rep.
Sansom denies all of the probable cause allegations'' outlined in a
report by an investigator hired by the House, reads a letter delivered
Friday to Rep. Bill Galvano, the Bradenton Republican who will oversee
the tribunal.
Rather than drive or fly commercial planes, a small group of
lawmakers has billed taxpayers for the convenience of getting to
Tallahassee on private planes -- some of them linked to lobbyists and
companies with a stake in the decisions legislators make.
The 19 Democratic and Republican legislators took private flights
totaling more than $37,000 during the recent legislative session, state
records show. That represents a fraction of the state's $66.5 billion
budget, but it raises questions about the relationships between
lawmakers and the groups seeking their votes. And in a time of deep bud
The smart politician realizes that, if he wants to avoid accusations of "corruption," all he has to do is commit his crimes out in the open, after declaring them to be "legal."
After coming from the Arizona-Mexico border they drive all the way out
east to Homeland Security HQ to pick up the deadly spiked vaccine and
make their required distribution drop offs then return to Tucson
Arizona for debriefing and relocation to a base 15 miles below Tucson
for themselves and their families. There they will wait out the event
of mass murder about ready to happen.
It is stealing pennies from each share you buy or sell due to an unfair advantage that only certain people have, and what's worse, it certainly appears that in addition to perfectly-legal strategies there are unlawful ones being run as well...
[nice work if you can get it] Citi hopes naming of former banking regulator Diana Taylor, Timothy Collins and Robert Joss — which bring the board's total to 17 — will be enough to satisfy critics. CEO Vikram Pandit, who has faced heavy scrutiny, is the only executive remaining on the expanded board.
Less than two weeks after a congressional watchdog called attention to backroom deals in which the Treasury Department repurchased stock warrants from bailed-out banks at well below market value, three more such transactions have now been reported. The big loser: The US taxpayer.
Mayors, rabbis among 44 held in NJ corruption probe
Detroit Free Press - Rick Hampson - 1 hour ago
NEWARK, NJ — It's one of the biggest corruption cases in the history of a state that's famous for them: Three mayors, two state legislators and several rabbis were among those charged Thursday in what ...
The case apparently began with bank fraud charges against a member of an insular Syrian Jewish enclave centered in the seaside town of Deal, N.J. Eventually, stemming from that arrest, a federal informant posed as a crooked real estate developer offering cash bribes to obtain government approvals — and the case mushroomed into a political scandal that could rival any of the most explosive and sleazy episodes in New Jersey’s recent past.
The mayors of three New Jersey cities, two state legislators and
several rabbis were among more than 40 people arrested today in a
sweeping corruption investigation that began as a probe into an
international money laundering ring that trafficked in goods as diverse
as human organs and fake designer handbags.
Among 44 people arrested were Hoboken Mayor Peter Cammarano III,
Secaucus Mayor Dennis Elwell, Jersey City Deputy Mayor Leona Beldini,
state Assemblyman L. Harvey Smith and state Assemblyman Daniel Van
Pelt.
"Well it's indentured servitude, and millions of folks here in America, it looks like they are going to be permanently in debt to Goldman Sachs and these other bankers." Max Keiser
The former chief of the Louisiana Governor’s Program on Abstinence steered thousands of dollars in contracts to an organization she created, and some of the money was paid to her son, according to an audit released Monday.
It
comes down to this: Each "representative" that voted to pass Cap and
Trade has violated their Congressional Oath of Office to "well and
faithfully discharge the duties of the office." How on earth can
you--in good faith--fulfill the duties of the office by voting to pass
1500 pages of legislation YOU HAVEN'T READ?!
So here's my own
personal Oath: I do hereby solemnly swear to remove from office every
representative who thinks it's ok to pass 1500 pages of ill-conceived
legislation without knowing what's in it.
Seriously. The gloves are coming off. Who's with me?
Neil Barofsky, the special inspector general over the Troubled Asset Relief Program (TARP), will tell lawmakers on Tuesday that taxpayers are being left in the dark about what banks are doing with bailout money...
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