The last two days had many interesting articles and posts. There seems to be no shortage of information exposing the actions and activities of Goldman Sachs and many of the other participants who are busy enriching themselves at the expense of our entire nation.
Goldman and the other major financial players seem to be flourishing when the rest of the nation is floundering. Even John McCain said on CNN yesterday, that we (the government) has been bailing out those "too big to fail" companies while we (the government) have told the "too small to help" small business on Central Avenue that they did not warrant our (the government) help.
Wall Street vs. Main Street: Small business is what built this nation and our economy. In aggregage, small business accounts for the majority of jobs in the U.S., the majority of innovation and the majority of funds deposited into those "too big to fail" institutions. Those are well known facts.
Small business should get the help not "too big to fail" business. Small business should be able to borrow money at the "prime" rate not the other way around. How strong the influence of Goldman Sachs must be to seemingly control our economic policies. If those at Goldman Sachs - including our past Treasury Secretary - were truly patriots then perhaps things would be different. Unfortunately, Goldman, its past and current leadership are not.
That's my rant for today. Enjoy the news below.
Warren Buffett's Goldman Sachs vote of confidence now worth $3.3 billion
GuruFocus.com
Warren Buffett's $5 billion capital injection into Goldman Sachs a little over a year ago had a "huge" and instantaneous impact on client and investor ...
GuruFocus.com
Warren Buffett's $5 billion capital injection into Goldman Sachs a little over a year ago had a "huge" and instantaneous impact on client and investor ...
Goldman's O'Neill Says Crisis Fiscal Costs Are Exaggerated
Bloomberg
By Svenja O'Donnell Oct. 12 (Bloomberg) -- The global cost to taxpayers from the financial crisis is often exaggerated, Goldman Sachs Group Inc. chief ...
Bloomberg
By Svenja O'Donnell Oct. 12 (Bloomberg) -- The global cost to taxpayers from the financial crisis is often exaggerated, Goldman Sachs Group Inc. chief ...
Goldman Sachs looks to pay bonuses amid PR nightmare
BloggingStocks (blog)
CNBC's Charlie Gasparino reports that "Rival banks are eagerly awaiting this week's earnings announcement from Goldman Sachs (NYSE: GS) not only for the ...
BloggingStocks (blog)
CNBC's Charlie Gasparino reports that "Rival banks are eagerly awaiting this week's earnings announcement from Goldman Sachs (NYSE: GS) not only for the ...
Citigroup, JPMorgan Chase and Goldman Sachs Can Count on Geithner
AllGov
The treasury secretary also spent more time talking to Lloyd Blankfein, chairman and CEO of Goldman Sachs, than with Senator Christopher Dodd (D-CT), ...
AllGov
The treasury secretary also spent more time talking to Lloyd Blankfein, chairman and CEO of Goldman Sachs, than with Senator Christopher Dodd (D-CT), ...
Goldman Sachs (NYSE:GS) $22 Billion Payroll
24/7 Wall St.
Its fiscal year coming to an end, Goldman Sachs (NYSE:GS) is about to post record annual profits less than a year after the peak of the credit crisis. ...
Its fiscal year coming to an end, Goldman Sachs (NYSE:GS) is about to post record annual profits less than a year after the peak of the credit crisis. ...
Goldman's $22 Billion Bonus Bonanza | TheTradingReport
By Clusterstock.com
More than anyone else, Goldman Sachs (GS) is the one financial institutions for whom profits remain a big liability.
By Clusterstock.com
More than anyone else, Goldman Sachs (GS) is the one financial institutions for whom profits remain a big liability.
Your elitism is showing–! Here, let me tuck that back down into ...
By Lisa Kansas
The article's author needed to give up at this point, but for whatever reason couldn't bring himself to do it, and finished up the article chirping brightly about how being educated at Yale and working for Goldman Sachs is a really ...
By Lisa Kansas
The article's author needed to give up at this point, but for whatever reason couldn't bring himself to do it, and finished up the article chirping brightly about how being educated at Yale and working for Goldman Sachs is a really ...
desiderata-ylchong: Billionaire at 72, anywan?
By desiderata
Goldman Sachs (GS) has attracted a large share of hungry minds that went on to garner 10-figure fortunes. At least 11 current and recent billionaire financiers worked at Goldman or one of it subsidiaries early in their careers, ...
By desiderata
Goldman Sachs (GS) has attracted a large share of hungry minds that went on to garner 10-figure fortunes. At least 11 current and recent billionaire financiers worked at Goldman or one of it subsidiaries early in their careers, ...
Goldman Increases Ten Year Deficit Estimate To $10.5 From $9 ...
By Vladimir
A comprehensive analysis by Goldman Sachs of the long-term US economic forecast discloses some rather unexpected pessimistic observations. Last week theUS
By Vladimir
A comprehensive analysis by Goldman Sachs of the long-term US economic forecast discloses some rather unexpected pessimistic observations. Last week the
Will Goldman Sachs really double its bonuses this year?
eFinancialCareersUK
According to the Independent, Hecht is predicting that bonuses will account for $9bn (£5.7bn) of Goldman's $16.7bn expenditure on staff pay in the first ...
eFinancialCareers
According to the Independent, Hecht is predicting that bonuses will account for $9bn (£5.7bn) of Goldman's $16.7bn expenditure on staff pay in the first ...
New Jersey Nasty
New York
The ex–Goldman Sachs head has plenty to throw back. By Gabriel Sherman Chris Christie, the Republican candidate forNew Jersey
The ex–Goldman Sachs head has plenty to throw back. By Gabriel Sherman Chris Christie, the Republican candidate for
Goldman Sachs: Wall Street Undead [Political Cartoon ...
Goldman Sachs: Wall Street Undead [Political Cartoon]. via editorialcartoonists.com. Comments (0). Leave a comment... To leave a comment on this posterous, please login by clicking one of the following. Posterous-login Connect twitter ...
Goldman Sachs: Wall Street Undead [Political Cartoon]. via editorialcartoonists.com. Comments (0). Leave a comment... To leave a comment on this posterous, please login by clicking one of the following. Posterous-login Connect twitter ...
Gov. Jon Corzine's confidence fuels rise to top of Wall Street, NJ politics ...
The Star-Ledger - NJ.com
Even his banishment from Goldman Sachs — his colleagues ousted him as CEO in 1999, spawning his political career — only cemented Corzine's beliefs about ...
The Star-Ledger - NJ.com
Even his banishment from Goldman Sachs — his colleagues ousted him as CEO in 1999, spawning his political career — only cemented Corzine's beliefs about ...
Diary shows Geithner-Darling contact during crisis
guardian.co.uk
But both were considerably less prominent in his contact book than Goldman Sachs's chief executive, Lloyd Blankfein, who enjoyed 22 chats. ...
guardian.co.uk
But both were considerably less prominent in his contact book than Goldman Sachs's chief executive, Lloyd Blankfein, who enjoyed 22 chats. ...
RagingDebate.com » Politics » Goldman Sachs in Talks to Acquire ...
By slowsmile
Sister Entities to Share Employees, Money In what some on Wall Street are calling the biggest blockbuster deal in the history of the financial sector, Goldman Sachs confirmed today that it was in talks to acquire the US Department of ...
By slowsmile
Sister Entities to Share Employees, Money In what some on Wall Street are calling the biggest blockbuster deal in the history of the financial sector, Goldman Sachs confirmed today that it was in talks to acquire the US Department of ...
Derivatives Lobby Links With New Democrats to Blunt Obama Plan ...
By Signs of the Times
"We got into the weeds on the derivatives bill," said Connecticut Representative James Himes, a former investment banker at Goldman Sachs and a member of the New Democrats, who attended the meeting along with McMahon, Bean and chairman ...
By Signs of the Times
"We got into the weeds on the derivatives bill," said Connecticut Representative James Himes, a former investment banker at Goldman Sachs and a member of the New Democrats, who attended the meeting along with McMahon, Bean and chairman ...
Blankfein Interview: Goldman Sachs CEO Lloyd Blankfein Says Firm ...
By The Huffington Post News Editors
Sitting across from me now in his comfortable office on the 30th floor of company headquarters in lower Manhattan, Goldman's CEO Lloyd Blankfein professes to be more bemused than hurt by the slurs. I suppose his serenity may be helped ...
By The Huffington Post News Editors
Sitting across from me now in his comfortable office on the 30th floor of company headquarters in lower Manhattan, Goldman's CEO Lloyd Blankfein professes to be more bemused than hurt by the slurs. I suppose his serenity may be helped ...
Howard Lindzon » Blog Archive » Deep Market Thoughts…Goldman Sachs ...
By Howard Lindzon
While the Goldman Sachs hate continues we should be ashamed of our leaders for not making the most basic of fixes to our financial system. Goldman and it's greedy, smart, connected leaders are not the problem. ...
By Howard Lindzon
While the Goldman Sachs hate continues we should be ashamed of our leaders for not making the most basic of fixes to our financial system. Goldman and it's greedy, smart, connected leaders are not the problem. ...
Docudharma:: The most important bit of television I've seen since...
By TocqueDeville
His-- his-- predecessor, Mr. Paulson, came from Goldman Sachs, and he becomes Secretary of Treasury. You can go back decades, and you will see that there's this-- revolving door between Wall Street and Washington. ...
By TocqueDeville
His-- his-- predecessor, Mr. Paulson, came from Goldman Sachs, and he becomes Secretary of Treasury. You can go back decades, and you will see that there's this-- revolving door between Wall Street and Washington. ...
2 COMMENTS:
Did you ever wonder why they backstop the banks but not the consumer? Good interview.......
When Debt Cannot Be Paid (mp3) – Michael Hudson
http://mpegmedia.abc.net.au/rn/podcast/2009/10/lnl_20091012_2218.mp3
Somebody in Congress needs to look into this
Ahh! But there were more calls. And the New York Fed said it wasn't going to show them to me. Nor would it give me anything at all for Aug. 15, 16 and 17 of 2007.
Aug. 16, 2007 is the day someone seems to have leaked to Wall Street the fact that the Federal Reserve would soon make the first of what would become a long series of interest rate cuts.
http://tinyurl.com/ygch27h
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