Goldman Sachs Secret Deals Wilth US via Paulson

Conflict of interest or what!  More confirmation of how the ruling class manipulates at all costs with not even the slightest bit of ethics. 

This latest story reported in the raw story.

Warren Buffett balked at conflict of interest

BREAKING 10:08 AM ET:Vanity Fair will report in the next issue of the magazine that US Treasury Secretary Henry Paulson — a former head of the investment bank Goldman Sachs — tried to orchestrate secretive deals in the midst of the financial crisis but got blowback from prominent investor Warren Buffett. The following press release was obtained by Raw Story; the magazine appears today on newsstands in New York and Los Angeles.

NEW YORK, N.Y.—The government secretly tried to orchestrate a deal involving Goldman Sachs in the week following Lehman Brothers’ collapse and considered using the Federal Reserve to help support such a transaction, Andrew Ross Sorkin reports in the new issue of Vanity Fair.

It is amazing that there is so little backlash as these stories are made known and exposed.  Authors like Ross Sorkin, Paul Muolo of Source Media have written about and exposed much of this dirt.  This blog and others do the same, yet with all the readership and even the appearances of some prominent authors and politicians on major main stream media nothing is done.  I can only surmise that corruption is allowed and/or authorized with total immunity for those with a "seat" at the very exclusive and large table.  If you have a seat at the table and are a member of the exclulsive "too big to fail" cllub, it is permissable with no consequence what so ever to commit crimes.  To make matter even worse, we, the people (sound familiar?) pay them to commit crimes and enrich themselves and their inner circle. 

If we pay them for committing these crimes then does that not make us conspirators as well?  It does!  By allowing them to do what they want to do, seeing, hearing and reading about their criminal activities and doing nothing about it is wrong.  It is up to us (we, the people) to speak up, speak out and insist to our leaders and law enforcement to take the actions entrusted to them.  Criminals are criminals no matter their economic or political status. 

So let's see who some of these criminals in this "secret" deal with Goldman Sachs and the US are.

In an excerpt from his forthcoming book, Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves, Sorkin reports that the deal, which was nearly consummated, would have merged Goldman Sachs and Wachovia. Henry M. Paulson, the Treasury secretary and former C.E.O. of Goldman, was deeply involved in the process, contacting both Lloyd Blankfein, Goldman’s current C.E.O., and a Wachovia board member, and strongly urged both to consider it. Wachovia’s C.E.O., Robert Steel, was a former vice-chairman at Goldman Sachs and Paulson’s former number two at the Treasury Department.

But wait, there are more in ths tangled web of criminality.

Rodgin Cohen, a Sullivan & Cromwell lawyer who was advising both Wachovia, on parallel talks with Morgan Stanley, and Goldman Sachs, on its bank-holding-company application, was the first to suggest that the government attempt a shotgun wedding between Goldman and Wachovia, Sorkin reports. He offered up the idea in a phone call to Kevin Warsh, a governor at the Fed, saying that it wasn’t an officially sanctioned plan by his clients, just a friendly suggestion from an old-timer in the business. He said he knew it was a long shot—the “optics,” he acknowledged, would be problematic, given that Paulson and Wachovia C.E.O. Robert Steel were both former Goldman men—but it would solve everyone’s problems: Goldman would get the deposit base it needed, and Wachovia would have its death sentence stayed.

Much to their dismay, Cohn and Steel spent 24 hours working on a deal that they thought was near closure—and had the support of the Fed—but which ultimately died after Paulson, Bernanke and Geithner decided against pursuing it, in part, because of the “optics” of Goldman’s ties to the government. “I’m sorry. I understand—I’m just as frustrated as you are. We just don’t have the money; we don’t have the authorization,” Warsh explained.

Now here comes Timothy Geithner, then President of the N.Y. Federal Reserve Bank and TODAY is - US Secretary of the Treasury.  Here is a passage from the story showing his involvement at that time.

Meanwhile, the government demanded Morgan Stanley merge with J. P. Morgan, an idea that both John Mack, Morgan Stanley’s C.E.O., and Jamie Dimon, J. P. Morgan’s C.E.O., did not want to pursue, but both held brief talks at the government’s urging.(emphasis added)

Paulson, Bernanke, and Geithner (the three conspirateers - emphasis and comment within these brackets added) told Mack that he should be willing to sell his firm to J. P. Morgan for $1 a share. Mack, in an impassioned phone call with the three government leaders, rejected their demand: “There are 35,000 jobs that have been lost in this city between A.I.G., Lehman, Bear Stearns, and just layoffs. And you’re telling me that the right thing to do is to take 45,000 to 50,000 people, and put them in play, and have 20,000 jobs disappear? I don’t see how that’s good public policy.”

Let's list the conspirators we have learned about in this article.

• Henry Paulson, the US Treasury Secretary and former CEO Goldman Sachs (was deeply involved in the process)
• Lloyd Blankfein, CEO Goldman Sachs and a Board member of Wachovia
• Robert Steel, CEO Wachovia and former vice-chairman of Goldman Sachs.  Also was former Deputy Treasury Secretary under Paulson
• Timothy Geithner, then President of the NY Federal Reserve Bank and NOW US Secretary of the Treasury (hmmm)
  
• Rodgin Cohen, a Sullivan & Cromwell lawyer who was advising Wachovia on parallel talks with Morgan Stanley and Goldman Sachs
• Gary Cohn, Goldman Sachs Co President

And there are many more co conspirators throughout the financial institutions, the government and our elected officials.  Jamie Dimn of JP Mrgan/Chase is certainly one and one who now has the ear of our President..

WAKE UP AMERICA!  You are being manipulated and robbed.  Can you not see how the average person is hurting while these others are profiting at your expense? 
Read the Entire Article...click here

Goldman Sachs in secret deal with government

Finally, a little truth in the media:

US secretly tried to make deal with Goldman Sachs in wake of financial crisis

BREAKING 10:08 AM ET:Vanity Fair will report in the next issue of the magazine that US Treasury Secretary Henry Paulson — a former head of the investment bank Goldman Sachs — tried to orchestrate secretive deals in the midst of the financial crisis but got blowback from prominent investor Warren Buffett. The following press release was obtained by Raw Story; the magazine appears today on newsstands in New York and Los Angeles.

NEW YORK, N.Y.—The government secretly tried to orchestrate a deal involving Goldman Sachs in the week following Lehman Brothers’ collapse and considered using the Federal Reserve to help support such a transaction, Andrew Ross Sorkin reports in the new issue of Vanity Fair.

In an excerpt from his forthcoming book, Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves, Sorkin reports that the deal, which was nearly consummated, would have merged Goldman Sachs and Wachovia. Henry M. Paulson, the Treasury secretary and former C.E.O. of Goldman, was deeply involved in the process, contacting both Lloyd Blankfein, Goldman’s current C.E.O., and a Wachovia board member, and strongly urged both to consider it. Wachovia’s C.E.O., Robert Steel, was a former vice-chairman at Goldman Sachs and Paulson’s former number two at the Treasury Department.

.....

Why does it take magazines like Vanity Fair and Rolling Stone to do the job of the mainstream media (once again proving how corrupt they've become)?

Read the full story here

Goldman Sachs In The News...On Video

This link has over 60 video clips posted on YouTube all related to Goldman Sachs.  Many very  .interesting and informative.  

The Main video titled Glodman Sucks" Sachs - Fascism at its finest! features Matt Taibbi, reporter and contributing editor for Rolling Stone.  He has investigated, reported on and exposed much on Goldman Sachs.  Amy Goodman with "Democracy Now" interviews Matt Taibbi and he has some very good and angering comments.  



Taibbi says;

"They  can get what they want when they want from Government."

"If AIG was allowed to go bankrupt Goldman might actually have gone out of   business"
. 
"It was Goldman Sachs bailing out Goldman Sachs in the middle of the bailout"
(LR comment:  Does this mean that Hank Paulson, who orchestrated all of this violated some ethics or even worse was involved in a conspiracy which utlmately cost the American people?  If so, should he not be investigated and charged with some crime or crimes?)

"During the same week (as the AIG bailout) Hank Paulson elected not to rescue Lehman    Bros....they went from almost certain disaster to seeing their primary competitor leave the market."
(LR comment:  Here again, not rescuing Lehman Bros., Goldman's "primary" competitor, a decision made by former Goldman Chairman, Secretary of the Treasury Paulson, not some type of conspiracy?  Come on now.  JP Morgan was paid by The Fed to save Bear Stearns, Bank of America was forced to buy Merrill Lynch but no effort what so ever was made to do anything about Lehman.  I can't believe the stockholders of Lehman, the true owners of the company have not taken action.) 

There is so much more in this interview like Goldman Sachs in 2008 paid a total of $14 million dollars in taxes.  Taibbi says this amount is about one third of what CEO Blankstein made in compensation that year.  The reason for this he says is that Goldman moved most all their revenues to foreign countries with lower taxes.  All this while they were receiving billions of dollars of little people's tax dollars, paid themselves handsomely with no care or consideration to the hardships those "working" people were enduring whose money they took.

If anyone thinks Bernard Madoff was bad, he looks like a small time street pusher compared to the Goldman Gang.

The videos compiled on this link are worth viewing and saving.  It may even warrant a separage page on this site.

To View All Videos...click here

An Inside Look at Goldman Sachs

Just in case you thought the market manipulation had stopped or that most of Congress is in any way different than a $5 hooker in a torn miniskirt.
Kudos to the staffers.

An Inside Look at How Goldman Sachs Lobbies the Senate

....

Last Friday I got a call from a Senate staffer who said that Goldman had just been in his boss’s office, lobbying against restrictions on naked short-selling. The aide said Goldman had passed out a fact sheet about the issue that was so ridiculous that one of the other staffers immediately thought to send it to me. When I went to actually get the document, though, the aide had had a change of heart.

Which was weird, and I thought the matter had ended there. But the exact same situation then repeated itself with another congressional staffer, who then actually passed me Goldman’s fact sheet.

Now, the mere fact that two different congressional aides were so disgusted by Goldman’s performance that they both called me on the same day — and I don’t have a relationship with either of these people — tells you how nauseated they were.

I would later hear that Senate aides between themselves had discussed Goldman’s lobbying efforts and concluded that it was one of the most shameless performances they’d ever seen from any group of lobbyists, and that the “fact sheet” the company had had the balls to hand to sitting U.S. Senators was, to quote one person familiar with the situation, “disgraceful” and “hilarious.”

.....

Read the rest of the story here

Goldman Sachs- Monday Mix

Goldman Sachs launches recruiting drive
Financial Times
Goldman Sachs has launched an aggressive recruiting drive to build its asset management business at a time when its rivals are pulling back from fund management.

Goldman Sachs among top contributors of Obama
War On You
Coming in at number 2 was Goldman Sachs. Goldman employees gave Obama $994,795.

Goldman Sachs May Benefit From New Regulation
Bloomberg
Executives said that new rules on trading over-the-counter derivatives may benefit the firm because of the company's technological edge.

The Barack Obama, Goldman Sachs Connection
Atlanta Free Press
The economic policy of the Obama Administration is filled with a whos who of former Goldman Sachs employees

GOLDMAN BIG DEFENDS $12.9B PAID BY AIG
New York Post
Despite catching flack for having accepted $12.9 billion in taxpayer funds as payment for bets it made with beleaguered insurance giant American International Group, officials at Goldman Sachs were unapologetic yesterday, saying the payday was strictly business and aboveboard.

Why the USA Economy Crashes, Bail Outs, Money & Inflation
Sugar Bush
Paulson, former CEO of Goldman Sachs & Treasury Sec under Bush, “I never saw the banking industry so strong”, is involved in Bear Stears & Lehman Brothers & with Geithner (also of Goldman Sachs) & the privately owned FED Res Bank ...

Goldman Sachs666.com and Founder Mike Morgan

As you can all see from the comments in the header of this blog, Mike Morgan has had to resign for medical and personal reasons. 

He has carried the ball and the expenses since he began in addition to running his business and recuperating from his heart attack.  I for one can understand his decision and frustrations.  Mike, thank you for this beginning.  We will carry it forward for you.  I personally wish you all the best along with continued good health throughout your recovery and beyond.

Please note that there are a handful of us volunteers who are committed to continue in Mike's absence and will do so.  GoldmanSachs666.com as well as the other "...666.com" blogs are here to stay.  The message to the public for the good of our country is too important to let go.

I recently wrote,

"Remember the words of Meyer Rothschild – the creator of the Central Banking system (we call it The Federal Reserve).  “Let me control the money of a nation and I care not who makes its’ laws”.

 Then I said, "Beware! Any loss of control is a loss of freedom."

Goldman Sachs, J.P. Morgan/Chase in conjunction The Federal Reserve, The U.S. Treasury and other financial "too big to fail" institutions are taking control of our money, our entire monetary system and our economy.  They are fulfilling the dreams and desires of Meyer Rothschild of taking control of nations.  They are succeeding. 

Remember this as well.  The Federal Reserve IS NOT a Federal agency.  It is in fact a privately owned company whose true owners are the most deeply guarded secret in the world.  You have a better chance of learning the Coca Cola formula then you will ever have in getting to know who the owners of The Fed are.  But rest assured that Goldman Sachs and J.P. Morgan are very much a part of them.  Also know that it is said that whoever controls the Federal Reserve Bank of New York, controls The Federal Reserve.  Not only does J.P. Morgan have a seat on the N.Y. Fed but our current Secretary of the Treasury was President of the Federal Reserve Bank of New York and his predecessor at the Treasury, Henry Paulson, came directly from the Chairmanship of Goldman Sachs and it was Paulson who created the $700 Trillion TARP package  Hmmm?  Are these just coincidences or is there much more to this story?

The wealth of this nation (you and me) is being taken from by very predetermined and defined methods.  By taking control of our wealth (money) they are taking what the very basis of our constitution provides - FREEDOM. 

It is this control of our financial system that runs our country and our political system.  We have what I call a Democratic Dictatorship.  Free elections but policies and laws made by those in control like "too big to fail" Goldman Sachs, J.P. Morgan/Chase, et al (the dictators). 

"When the people and the government fear Banksters like Goldman Sachs and JP Morgan, there is economic dictatorship that will destroy the very fabric of our existence as a civilized society." - Mike Morgan

If we, the people, (sound familiar?) are to take back control of our country from the politicians and financiers we must all know the truth and help expose the truth.  This blog, for one, does that.

In previous posts, our founder, Mike Morgan< asked for volunteers on any level.  This call for volunteers is still open as the few of us dedicating ourselves to this important cause still need help.  The few of us committed to continue this blog have all been communicating today, Sunday (yes, during football games which truly proves dedication).  We are not asking that you give up your days off or other important functions but just a small amount of your time.  Every little bit that someone contributes is small step taken which in total creates a giant step towards justice and preserving the American way of life and FREEDOM.

If you have the will and desire to volunteer you can simply click on the "Volunteer" tab or email me directly at lrubinoff@themortgagecorner.org. 

This is a non monetized site.  There are no salaries or incomes derived by anyone.  This site was founded by a volunteer and continues to be volunteer driven.

I personally look forward to hearing from you - the public - as our voices combined CAN MAKE A DIFFERENCE.

Goldman Sachs & Currency Swaps

First, an update. Although Mike has said he is leaving the site, rest assured I am going to keep the site up as long as my tired, broken hands can type. I'm not going anywhere! --RobertM

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

I would say something smells fishy here but the truth is it smells like 6 tons of dead fish washed up on the beach.

.......

Here we might note that the startling run of dollar strength that caught so many investors off guard (but not Goldman Sachs or JP Morgan, it should be noted) began just in front the steep, half-trillion US dollar currency swap operation that began in earnest in fall of 2008.

Note also that the double top in the USD and its subsequent slide all line up nicely with the swaps additions and withdrawals. Correlation is not causation, but this is a pretty cozy relationship, and it possibly explains one of the more unusual periods of dollar strengthening in recent history.

Speaking of cozy relationships, the one between the NY Federal Reserve and big Wall Street institutions stands out, as do the outsized trading returns that quite conveniently repaired more than a few large firms during this same period of time.

I would humbly submit that Goldman Sachs 97% trading win ratio for 2Q09 is perfectly acceptable evidence that the playing field is not level and that, at the very least, we can agree that the appearance of insider trading exists.

Even now Goldman is "struggling" with the PR nightmare of how to explain an "embarrassment" of riches:

Damage Control

For Goldman Sachs CEO Lloyd Blankfein, an embarrassment of riches has turned into embarrassing riches.

Goldman's bonus pool is expected to swell to an estimated $16 billion after what's expected to be another stellar quarter, and Blankfein is struggling to figure out how to pay his employees in a way that keeps them happy while avoiding another round of populist and political outrage like the bank experienced over the summer.

It really is up to the Fed to prove that they did not tip off a few favored struggling big banks (which magically repaired their balance sheets with magnificent winning trading-desk results over this time frame), than it is up to anybody else to prove that they did.

After all, in a supposedly free market economy, it is critical that the appearance, if not the fact, of an even-playing field be maintained.

......

Read the full story...click here.

Goldman Sachs- Friday Link Dump

Michael Moore's New Movie Was Brought to You by Goldman Sachs
New York Magazine
Big surprise: 'Capitalism: A Love Story' was funded by "capitalists".

Goldman Sachs at CGI: Women Offer the "Highest ROI"
FastCompany
10000 women bannerThat's what Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs (GS), told us today. That providing business and management education to women in developing and emerging economies meets a "great need" for "enormous ...

Analyst raises price target for Goldman Sachs; has positive outlook on Goldman, Morgan Stanley
The Examiner
An analyst on Thursday raised his price target for Goldman Sachs Group Inc. and said both Goldman and Morgan Stanley are poised for long-term growth amid a recovery in investment banking and brokerage businesses.

New Home Sales in US to Climb 30% in 2010, Goldman Sachs Says
Bloomberg
The Goldman Sachs forecast is based on the assumption Congress will extend or amend an $8000 tax credit for first-time homebuyers that was instituted to ...

Goldman Sachs CEO Lloyd Blankfein's Cup Runneth Over
New York Magazine
From all outward appearances, Goldman Sachs is still on a winning streak — analysts expect the quarter that ends tomorrow will prove to be just as disgustingly profitable as the last two.

Local Business Digest: Carlyle Hires Goldman Adviser to Help Run Global Buyout Arm
Washington Post
Carlyle Group, the world's second-largest private-equity firm, hired Gregory L. Summe from Goldman Sachs Group to help run its global buyout business. ...

Goldman Sachs Saves the World

Click here to read this comic.

Email Deliver to End Soon . . . unless

Email Delivery of Content - Unless we have a volunteer step forward to pay for our subscription to Constant Contact email software, this service will end soon. The fee is $50 per month. I don't mind paying for this, but since we have more than 1,500 people on our email list and very few volunteers, maybe folks really don't want to hear about Goldman Sachs, JP Morgan, Hank Paulson and the other Banksters. It's becoming apparent that we all want to complain about the situation, but very few want to do anything.

So unless we see a few $50 donations for Constant Contact, the email service will end when our current Constant Contact expires. If you are interested in helping, here is a PayPal link - $50 for one month - https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=8413126

$100 for two months -
https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=8413126

$200 for four months -
https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=8413126

If we receve more than four months of donations, we will prepay up to a year, and then we will either return your donation or ask if you would like to support one of the efforts below.

HELP - After seeing the millions that turned out for the Tea Parties, I find it hard to believe we can't put together a few dozen solid volunteers, whether it is one hour a week or a day a week.

Wake Up America - I've used that line quite a bit in the blogs and articles I was writing. Those three words sum it up. If you really want to sit back and tune into the TV instead of the reality of America falling apart, I guess you don't care about your kids or their kids.

Volunteers - We need a few people to proofread drafts, update blogs and general stuff that can be done whenever you have time. We also need a few volunteers to put out a daily email. It's easy . . . just cut and paste, then hit Send in our Constant Contact email program.

Contributors - If you can write, we would love to have a half a dozen or more people writing. If you can glean articles from newspapers and magazines, we need you to take excerpts and post them on our blogs, giving full credit to the original piece. It's easy and there are no time limits. If you have an hour a week, that's great. If you want to hire a volunteer or contributor, just let me know. We have dozens of college students that could use the extra money, and they would make great writers and volunteers.

Wake Up America - Go ahead and Google - Goldman Sachs, or Goldman Sachs Info, or Goldman Sachs Conspiracy or anything you would like. We now come up on the first page for just about any search you can do on Google. That means millions of people have seen and read our material. But we still only have a handful of volunteers. I can not longer do it, so if you are serious about doing something about the Raping of America by Goldman Sachs, Banksters and Politicians, either volunteer, contribute or donate.

We now have three 666 blogs and want to start a few more:

www.BarackObama666.com - new

www.GoldmanSachs666.com

www.JPMorgan666.com

www.WarrenBuffet666.com - coming soon

www.HankPaulson666.com - coming soon

www.BankofAmerica666.com - coming soon

www.WellsFargo666.com - coming soon

Warren Buffet and King Henry - I really wish I had the energy to do both of these right now. There is so much that has gone on with these two bums, that it could easily fill volumes. Do you remember last year when it slipped out that King Henry called Warren Buffet at home on a Sunday afternoon? Did you ever stop to think about the best deals King Henry gave out were to Goldman Sachs, Wells Fargo, American Express and GE . . . all of these are Warren Buffet companies. And there is so much more of this dirty, criminal activity.

Wake Up America - I don't know what else to say. If you can't volunteer, then donate and hire a volunteer. I do not take a penny of any donated funds. In fact, none of these funds even go through me. You will directly hire a volunteer or pay for our email service, websites, etc. It's that easy.

Donations: If you're ready to wake up and do something, here are some ideas and you can pay for any part of the Team Support below whether it is a day or a month. Just email or call me Mike@Morgan7.com (772) 260-5448

1 - Pay for a month of our email service with Constant Contact - $50 a month

2 - Pay for a year of our domain names registered $140

3 - Pay for four hours of Web Designer time for updates and SEO at $200 for each four hour.

4 - Pay for a Hot Links volunteer who will put together related articles and email a links list out once a week. $400 a month for once a week $650 a month for twice a week or $900 a month for three times a week.

5 - Pay for a writer/contributor - $25 for each article that they glean from the media and assemble for our blog publication with an intro.

6 - Pay for editors to read and approve posts and comments. Right now we need one full time person. This would be $250 a week.

There are more needs, but let's see if we get any of those millions that were spending money and time at Tea Parties to help move our information along. Go ahead and Google - Goldman Sachs, and you will see how powerful our website it.

Mike Morgan - (772) 260-5448
Mike@Morgan7.com

Coming Soon WarrenBuffett666.com and HankPaulson666.com

I put out an email to our http://rs6.net/tn.jsp?et=1102717315856&s=538&e=001Kjm5t5WMh2L45h0pcU7bcwC-9THKU0qy0cIRp6uLnp1mmih69QtlFQhxJW92O2Xdx6d7pRO9rwQhJ5XPSvwpTSEmMoxd3_ho5wUUwqUodIy3cQ6-LkbY24ZaQ0qRMY_4 followers this morning, and I thought it was worth sharing with everyone.

Why are we doing this? - Because I care. And after seeing every so outraged over the $165 million in bonsues being paid to AIG executives in 2009, I could not believe no one was talking about the $13 BILLION that Goldman Sachs was dragging out the back door. And that was just the start. We MUST take our country back from Goldman Sachs, their Bankster partners, and our politicians that are owned by the Banksters

So here is the email that went out September 20th, 2009. If you want to get on that mailing list go to http://rs6.net/tn.jsp?et=1102717315856&s=538&e=001Kjm5t5WMh2L45h0pcU7bcwC-9THKU0qy0cIRp6uLnp1mmih69QtlFQhxJW92O2Xdx6d7pRO9rwQhJ5XPSvwpTSEmMoxd3_ho5wUUwqUodIy3cQ6-LkbY24ZaQ0qRMY_4 to sign up. It is a different list from this one.


Coming Soon:

http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWMmWjLU2UpVwkccu01qFDWgqWJj14gyRAIh4XDY6K7SSE0Zzt1Hqu6dgmyNgD2LT8aiguyGLY0JLJjIpcBUSD3p3zrVgUzO4Yoizgid4ryVZg==

http://www.warrenbuffet666.com/

It's been four months since my heart attack, and even though I recovered physically, within just a few weeks, my cognitive skills have been damaged from either a mini stroke or what they refer to as pump head, where there are bursts of blood clots from the heart lung machine into the brain.

This means I have had to cut out more than half of what I used to do. I no longer write very much and I spend almost no time on our 666 blogs or my Financial Blog. But we do have a few good volunteers.

Unfortunately, we don't have enough volunteers to email out the posts that are being posted daily. So if you are on this mailing list, the only way you will see the posts, is if you visit the website daily or set up an RSS. I would love to be able to get back to emailing out the posts.

HELP - After seeing the millions that turned out for the Tea Parties, I find it hard to believe we can't put together a few dozen solid volunteers, whether it is one hour a week or a day a week. Wake Up America - I've used that line quite a bit in the blogs and articles I was writing. Those three words sum it up. If you really want to sit back and tune into the TV instead of the reality of America falling apart, I guess you don't care about your kids or their kids.

Volunteers - We need a few people to proofread drafts, update blogs and general stuff that can be done whenever you have time. We also need a few volunteers to put out a daily email. It's easy . . . just cut and paste, then hit Send in our Constant Contact email program.

Contributors - If you can write, we would love to have a half a dozen or more people writing. If you can glean articles from newspapers and magazines, we need you to take excerpts and post them on our blogs, giving full credit to the original piece. It's easy and there are no time limits. If you have an hour a week, that's great. If you want to hire a volunteer or contributor, just let me know. We have dozens of college students that could use the extra money, and they would make great writers and volunteers.

Wake Up America - Go ahead and Google - Goldman Sachs, or Goldman Sachs Info, or Goldman Sachs Conspiracy or anything you would like. We now come up on the first page for just about any search you can do on Google. That means millions of people have seen and read our material. But we still only have a handful of volunteers. I can not longer do it, so if you are serious about doing something about the Raping of America by Goldman Sachs, Banksters and Politicians, either volunteer, contribute or donate.

We now have three 666 blogs and want to start a few more:

http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWPI503A9i0rh9_G65TDQwiCF8Dkq04TrXNKeTSDC8_AquF8k2L54_9-K7CKs0XfGS7nj3DY6W08znr0VPgQ7ndrx6ZHOTnhIzLhT6jRCCoOOA== - new

http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWOx4KCQyWNRZC5X2PXS9jYyB_uo75EnjIf0AhIJuk3rVCB0faOV88ugnE-rZh9jv0Grc9TrZ5IHaYfJnGgU5-9LSdAufMHBCT22CuBssNpjFA==

http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWOzv_XsuaDA6zeUyL2M1X0asTpae1m7BPLhSuJsm2Xjwtmm4QRiVzdMwrWFpxNpYgbRDGpTqvZBH-VuviOglluJs6R3mQgGQL_Js5WmqD0Dag==

http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWP9yHaLce9UqAwswUN4niExYuk9u4wwsFGPDr1xkRLbJL3zgrcWFuuVIP38QwSPo76Qh8P7e6nkGIqtEm3BMPiEfrgzjQRS1Mj2Ow0io6iT7g== - coming soon

http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWMmWjLU2UpVwkccu01qFDWgqWJj14gyRAIh4XDY6K7SSE0Zzt1Hqu6dgmyNgD2LT8aiguyGLY0JLJjIpcBUSD3p3zrVgUzO4Yoizgid4ryVZg== - coming soon

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http://rs6.net/tn.jsp?et=1102717278974&s=1&e=001fdZgKXlUwWPrIO13MBPf_Zv2rjB_ojLGBDuvixlPds36oAZtRmzB7Q_mcEGjIWuL6t_9gVubiDfykjjpiwHfZVwc5XNGn2xzYmIxjJkS4d854IAvFd6hpA== - coming soonSee Below for additional 666 websites we will be adding

Warren Buffett and King Henry - I really wish I had the energy to do both of these right now. There is so much that has gone on with these two bums, that it could easily fill volumes. Do you remember last year when it slipped out that King Henry called Warren Buffet at home on a Sunday afternoon? Did you ever stop to think about the best deals King Henry gave out were to Goldman Sachs, Wells Fargo, American Express and GE . . . all of these are Warren Buffet companies. And there is so much more of this dirty, criminal activity.

Wake Up America - I don't know what else to say. If you can't volunteer, then donate and hire a volunteer. I do not take a penny of any donated funds. In fact, none of these funds even go through me. You will directly hire a volunteer or pay for our email service, websites, etc. It's that easy.

Donations: If you're ready to wake up and do something, here are some ideas and you can pay for any part of the Team Support below whether it is a day or a month. Just email or call me Mike@Morgan7.com (772) 260-5448

1 - Pay for a month of our email service with Constant Contact - $50 a month

2 - Pay for a year of our domain names registered $140

3 - Pay for four hours of Web Designer time for updates and SEO at $200 for each four hour.

4 - Pay for a Hot Links volunteer who will put together related articles and email a links list out once a week. $400 a month for once a week $650 a month for twice a week or $900 a month for three times a week.

5 - Pay for a writer/contributor - $25 for each article that they glean from the media and assemble for our blog publication with an intro.

6 - Pay for editors to read and approve posts and comments. Right now we need one full time person. This would be $250 a week.

There are more needs, but let's see if we get any of those millions that were spending money and time at Tea Parties to help move our information along. Go ahead and Google - Goldman Sachs, and you will see how powerful our website it.

Mike Morgan - (772) 260-5448Mike@Morgan7.com


Additional 666 websites we will be adding to expose the Banksters and their Partners

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http://rs6.net/tn.jsp?t=qy9fr4cab.0.gjrfr4cab.tqytkqcab.538&ts=S0414&p=http%3A%2F%2Fwww.barneyfrank666.com%2F

http://rs6.net/tn.jsp?t=qy9fr4cab.0.hjrfr4cab.tqytkqcab.538&ts=S0414&p=http%3A%2F%2Fwww.chrisdodd666.com%2F

Goldman Sachs & the President's Working Group

Another tentacle in the web that is. Goldman. Goldman Sachs.

What Is Goldman Alum Eric Mindich's Role As Chair Of The Asset Managers' Committee Of The President's Working Group?
by Tyler Durden

On September 25, 2007, the President's Working Group on Financial Markets, better known as the Plunge Protection Team, announced the formation of two private sector committees, one comprising of Asset Managers and the other, of Investors. It is the first one that is more interesting, as the committee is chaired by one Eric Mindich, best known for his Goldman Sachs wunderkind status, who at 27, was the youngest Goldmanite ever to be promoted to partner. In 2004, Eric split off from Goldman, nonetheless maintaining a favorable relationship with the mothership through its "Fund of Funds" division (we jest), and its various Prime Brokerage client platforms, by starting Eton Park, which with its starting capital of $3 billion, is still likely a record of highest AUM at a fund's inception.

So what was the justification for the creation of this specific committee. From its Mission Statement:

......

......

Yet with recent scrutiny of latent Goldman interests in virtually every segment of the executive branch, Zero Hedge does find it oddly convenient, that in those dark (for Goldman Sachs) days, the two key people making capital markets related decisions were yet another two Goldman Sachs alumni: Hank Paulson and Eric Mindich. And we believe in the spirit of fake transparency so heavily endorsed by the President, it is worth at least attempting to get some additional information on the deliberations by the proxy entities that truly run this country's economy and capital markets.

Read the rest over at ZeroHedge. Click here
...hatip to Anonymous

Goldman Sachs and misplaced rage

This piece by Glenn Greenwald at Salon points out how many have misplaced their rage, directing it at groups with no real influence instead of directing it at companies like Goldman Sachs who DO have tremendous influence and power and are using it to plunder our country.

.....

Exactly as one would expect, the prime beneficiaries of all of that pillaging continue to grow. The banks that almost brought the world economy to collapse but then received massive public largesse because they were "too big to fail" are now bigger than ever; as The Washington Post delicately put it: "The crisis may be turning out very well for many of the behemoths that dominate U.S. finance." Everything involving the government turns out well for these "behemoths" because they own and control the U.S. Government. Just this week, The Post detailed how the government and Wall St. are now so intertwined that banking executives are spending vast resources to increase their presence in Washington:

.....

As previously documented, Goldman Sachs itself has a virtual lock on the top Treasury positions no matter which party is in power. The vaunted bipartisan "Baucus plan" was literally written by a Baucus aide who just left her position as Vice President of Wellpoint to write the health care reform plan for the Senate -- a revelation which barely caused a ripple. And the Supreme Court is on the verge of striking down the few limits on corporate involvement in our politics, a ruling which may (or may not be) constitutionally defensible but which will flood American politics with so much corporate money that it will give new meaning to the term "oligarchy."

So with this massive pillaging of America's economic security and the control of American government by its richest and most powerful factions growing by the day, to whom is America's intense economic anxiety being directed?

.....

Read the full story. Click here.

Investigate Goldman Sachs Government Takeover

Love him or hate him....Michael Moore's right. Goldman Sachs needs to be investigated!

Goldman Pillages, Goldman Steals, Goldman Sachs

Judd Bagley over at Market Rap dissects the short selling crisis:

.....

This scenario is consistent with the levels of naked short selling of Lehman and Goldman during the same period: extremely high in the case of Lehman, and almost non-existent in the case of Goldman; furthermore, this suggests that, given abusive naked shorting does not tend to occur until after short sellers have exhausted the supply of borrowable shares, it was legitimate shorting that pushed Goldman’s share price over the edge.

With that in mind, let’s revisit the above timeline, focusing on Goldman, with my interpretation appended.

* September 15: Lehman declares bankruptcy. Goldman Sachs share price begins to fall. Following the destruction of Lehman Brothers at the hands of short selling hedge funds, the financial world is keenly aware of the capacity of naked shorting to decimate the share prices of financial firms. Furthermore, given the role Goldman undoubtedly played as broker in the criminal short selling hedge funds’ attack Lehman, the firm is justifiably concerned that the karma train is heading its way.
* September 16: Goldman lobbies its extremely well-placed (and well-documented) federal government contacts for a temporary ban on naked short selling.
* September 17: The SEC temporarily bans naked short selling.
* September 18: Despite the ban on naked shorting, Goldman Sachs’ share price continues to fall, suggesting legitimate short selling, not illegal naked short selling, is the cause of Goldman’s problems. Goldman lobbies for the SEC to temporarily ban legitimate shorting.
* September 19: The SEC temporarily bans legitimate shorting of all financial stocks. Goldman’s share price rises.

Might the SEC have been acting in the best interest of the market when it issued both emergency orders? I suppose that’s possible. But given the utter disinterest – even contempt – that organization has demonstrated toward investors and small public companies that have complained about the issue, I find it very difficult to believe.

.....

Read the full story here

A Goldman Sachs Question

I mentioned to a friend the other day that I posted a lot on a site called goldmansachs666.com. He said "What's wrong with Goldman Sachs?" and for about 8 seconds I was ...*speechless*. Really, where do you start?! I guess I could of said-
"They're evil"
or
"They're the devil"
or
"They're a foul group of narcissistic scoundrels who have raped the present and future economies of the world, rigged the markets by exploiting what-amounts-to-software-glitches to extract as much cash as possible from a stock market corrupted by those same people without ever building or manufacturing or creating anything of real value to society, jammed it's money-sucking blood funnel into not only the markets but into Congress, the Senate, the Presidency, the Justice Department, newspapers, every talking head on teevee and it's mechanical robo-claw/feeding tube into the Treasury and Federal Reserve as well, thereby perverting democracy and destroying the lives and bank accounts of millions of Americans and trillions of dollars of fictional wealth by their irresponsible leveraging of puffed-up financial voodoo instruments ,leeching off the government teat in what can only be described as Ayn Rand's wet dream of a free market company gone berserk yet powerful enough to corrupt the system in it's favor to bleed every living thing in sight dry?"

I managed to stammered out-

"They done a bad thing"

Looking back on it, that seems to sum it up well.

:)

Goldman Sachs Partners Sure Know How to Party

Wasn't this sort of behavior outlawed by Lord Blankfein??

Dealscape:

File this one under unneighborly conduct. Goldman Sachs Group Inc. (GS) partner and managing director Richard Kimball Jr. has been throwing his share of loud parties at his Southampton, N.Y., rental this summer, and it hasn't exactly pleased his neighbors.

"There's loud music blasted out until the early hours, loud screaming and shouting and taxis coming in and out at all hours," one neighbor told the New York Post. "Another neighbor went round to get them to turn it down, and she came back saying there were a lot of topless girls around the pool with just two or three guys."

Read the rest of the article here

Warren / Geithner / Goldman Sachs

Goldman Sachs Tax

You know how people are always talking about the good ole days? Let's take a look at the tax rates for our mega-rich oligarchy overlords from that period.


Source: TruthAndPolitics.org

Now read this-

AMY GOODMAN: How much money did Goldman Sachs pay in taxes in 2008?

MATT TAIBBI: They paid $14 million in taxes last year, which is an effective tax rate of about one percent, which means that they paid in taxes about a third of what CEO Lloyd Blankfein actually made in compensation last year. And that sounds like an amazing number. And if you—their excuse for why that is is because they had changes in their so-called geographic earnings mix, which basically means that they moved all their revenues to foreign countries, where the tax rates were lower. And so, Goldman, which was, again, the beneficiary of massive subsidies during the bailouts, you know, paid really just a pittance in taxes last year.

The above quote is from this interview with Matt Taibbi.

I'm no fan of big taxes but they do serve a purpose when spent wisely.


I see I'm not the only one.

Warren Buffett, the renowned investor and the world’s second richest man, told Senate Democrats that wealthy Americans need to pay higher taxes, giving Democrats something to mull as they address healthcare reform and soaring federal deficits.

Senate Democrats met with Buffett for more than an hour over lunch Thursday, peppering him with questions about the economy, said lawmakers in attendance.

“He said rich people are not paying enough taxes,” said Sen. Claire McCaskill (D-Mo.). “It was interesting to see someone who is such an aggressive capitalist, who believes so much in our capitalist system, saying we’ve got the scales way too heavily toward people who are very, very wealthy.”

Buffett told lawmakers that because of the cuts to the capital gains tax passed under former President George W. Bush, he pays taxes at a lower rate than some of his company’s employees.

It is an argument the investor has made before. Buffett said he paid a 16.5 percent tax rate on all his income because the tax rate on investment dividends and long-term capital gains is only 15 percent.

........ more here.

GritTV discusses Goldman Sachs

Here's a GritTV discussion about Goldman Sachs with Mike Lux, Matt Taibbi and Senate Banking Committee former chief economist, Robert Johnson (starts around the 1:00 minute mark).