UPDATE: Wall Street Reform
Class Warfare Email Circulated By Wall Street Traders
This one pretty much speaks for itself. Calling all pitchforkers, please proceed with caution after reading. Violence is not the correct response to this bit of insanity. Laughter and reform will suffice.
Lloyd Blankfein On Charlie Rose (Video Excerpts + Full Clip)
Fresh from his Senate grilling, Blankfein appeared on Charlie Rose Friday. Just a few hours before this interview, it was announced that the DOJ has opened a criminal investigation into Goldman Sachs. And the Washington Post reports the probe to be substantially wider than the SEC civil case.
I found 2 short clips, and have included a link to the full interview at PBS. It's all inside.
Channeling Robert Rubin, Clinton Says Goldman Sachs Didn't Break Law (VIDEO)
C-SPAN Video: Former President Bill Clinton comments on Goldman Sachs and the SEC while speaking at the Peterson Foundation in Washington, DC -- April 28, 2010
Short clip runs 4 minutes. Clip is from the day beofre the Justice Department announced a criminal investigation into Goldman. Slick Willy spoketh too soon.
Daily Show Doubleheader -- Jon Stewart On Cramer & Goldman Sachs: 'Who Wants To Beat A Millionaire'
Video: These Fu*king Guys -- April 20, 2010
Two new clips from the past 10 days. CNBC's blowhard Jim Cramer, Goldman and Congress are targets.
Referring to Fabrice Tourre's moniker, "The Fabulous Fab," he joked, "I see he's already picked out his prison nickname."
White House Correspondents Dinner: Obama Takes Shots At Palin, Brown, Massa, Boehner, Biden, Goldman Sachs, And His Missing Birth Certificate (Video & Transcript)
Video: President Obama -- May 1, 2010
Politics aside, President Deficit speaks for the first 16 minutes and is excellent, and the rest is Jay leno, who bombed pretty severely.
Obankster drops the F-bomb in the first minute. Transcript inside.
Ted Kaufman's Mission To Break Up The Mega Banks
Two written interviews with Kaufman from the past 48 hours.
The Goldman Sachs hearings have provided palpable momentum to a charge led by Senators Kaufman and Brown to limit the leverage, size and scope of the too-big-to-fail banks.
And as a result, their earnings. To wit, there was a report out yesterday highlighting that current derivatives legislation could cost Goldman Sachs us much as 41% of their profits. For FY '10 that would be $4 billion. Ouch.