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« James Grant: 90 Seconds On The Fed (VIDEO) | Main | Picture Of The Day - Greek Parthenon Lit By Lightning »
Thursday
Jun022011

Goldman Bags Another Captured Senator

Goldman Sachs is a government agency masquerading as an investment bank, masquerading as a commercial bank to receive FDIC debt guarantees.

The beat goes on...uninterrupted.

--

Source - NPR

If you missed the announcement late last week that Goldman Sachs hired former Republican Sen. Judd Gregg to be an international advisor, don't blame yourself.

It came out Friday when most people were thinking more about the long holiday weekend ahead than the latest effort by the investment bank to add to its stable of worthies an influential former Capitol Hill lawmaker.

Anyway, the former senator from New Hampshire who, as you'll recall, turned down President Obama's offer of the Commerce Secretary's job, will join Goldman's board of international advisors, nearly 20 former corporate chief executives and government officials.

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Source - Huff Po

In the wake of the financial crisis, which has been partly blamed on the excesses of Wall Street banks such as Goldman, Gregg was an outspoken critic of the Obama administration's effort to tighten oversight of the financial industry. He was also a defender of Goldman during the heated congressional debate over the $700 billion bank bailout.

Early last year, Gregg said that Democrats were overreacting to civil charges filed against Goldman for securities fraud by using the indictment to push regulatory reform. He noted at the time that the allegations had not yet been proven in court.

"It's really disingenuous for some people to pursue regulatory reform based off this one instance," the retired senator said on MSNBC. "This is a single event, we don't even know what the outcome will be."

 

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Reader Comments (10)

thanks for posting the link john...i saw it on Friday but had forgotten...damn i must be getting jaded...
Jun 1, 2011 at 1:42 PM | Registered CommenterDailyBail
the weiner thing was a "brief" respite from more serious stuff...although there are going to be bigger implications with the weiner story so stay tuned...
Jun 1, 2011 at 1:58 PM | Unregistered Commenterjohn
what do you see possibly happening outside of his potential resignation...
Jun 1, 2011 at 2:07 PM | Registered CommenterDailyBail
Intelligence community and communications issues. There are a lot of other potentially damaging scandals out there. Weiner was 'roasted' and that was a 'memo' to others. It's fucking huge.
Jun 1, 2011 at 3:03 PM | Unregistered Commenterjohn
hahaha - Well now - I guess that explains why ole' Judd would leap at Ron Paul's throat every time he could like a Pitt Bull...
Jun 1, 2011 at 3:47 PM | Unregistered CommenterPaul
(part one)

The Wall Street Gang and The Big Banks Gang have lied to us and stolen from us. It is as simple as that. The Regulator elements, such as The Fed (private) and the Federal regulators (public) have been The Facilitators in this Co-Dependency of Corruption……The Mainstream Media Lies to us about employment and other economic indicators, telling us how everything is improving……Not so.

Some years ago (not too many) individuals and then gradually (maybe not so gradually), as the “collective ethic” changed, Wall Street and The Big Bankers realized that there was MUCH MORE MONEY and money which could be made MUCH FASTER AND EASIER if they just by-passed employment and production of REAL GOODS AND SERVICES and just made money out of money………Hence, the various “Instruments” were created: “Ponzi A” rated, “Ponzi B” rated and so on, going far down the line to “Ponzi Z,” rated bonds, thus creating 26 times the original wealth, let’s say (since there are 26 letters in the English Alphabet-36 letters in the Russian alphabet, take note)...www.SilvertonGold.org.....

(part two)


Nothing will change SIGNIFICANTLY until these guilty people are investigated, prosecuted, convicted and put in jail. And they should not be put in Country Club Jails, like Bernard Madoff, but they should be put in REAL jails like the one where DSK recently resided, Riker’s Island. These people are “Ponziophiles” who have reeked havoc on The Entire World and have caused suffering and even death, to millions of individuals……………………



There are some Good Men and Women who are trying to make this happen but until IT ACTUALLY DOES there will be little confidence in the “confidence men” of Wall Street, OR The Banks, OR The Fed, OR The Treasury OR “The Fantasy Island of Economic Indicators/Statistics.”



These people are “Ponziophiles” and should be sent to Riker‘s for Rehab! (You read “PONZIOPHILES” here first.) PUT GOLD AND HONESTY BACK INTO WALL STREET, THE BIG BANKS, OUR ELECTED OFFICALS, AND OUR CURRENCY. Will we read about this "Senator X" 100 years from now; 50, 20, 5...........?......................."Era of 'Ponziophiles' and their 'enablers.'"................."Senator X-see page 832.........."
……………………………...www.SilvertonGold.org………….…………………
Jun 1, 2011 at 9:38 PM | Unregistered CommenterLeo M. McCormick
I can't stand goldman sucks but this is very interesting

Who is Out to Destroy Lloyd Blankfein/Goldman Sachs?

http://www.economicpolicyjournal.com/2011/06/who-is-out-to-destroy-lloyd.html
Jun 2, 2011 at 12:17 AM | Unregistered CommenterLiberatedCitizen
Please consider voting for Ron Paul. He has no prostitutes, toy boys, or corruption in his closet so he cannot be intimidated. They already tried "anti-Semitic" and "racist" and it doesn't stick. All they can do is whack him like JFK. If they do that in the internet age no one will buy the "lone nut" story.
Why do you think the Iraq war will last all eight years of Obama's administration after he promised to end it? The man has some serious secrets. You can fill in the blanks; I don't have to spell it out do I? Sexuality; academic history; Chicago machine corruption...Forget the birth certificate: that's trivial even if true, which it is not. He hides his birth certificate because it lists his REAL father, who was NOT Mr. Obama from Kenya. It was an African-American man from the USA. And THAT is the least of what President Obama wants to keep hidden.
Jun 2, 2011 at 2:30 PM | Unregistered CommenterRichardCarpenter
Ron Paul, President...........Mitt Romney, VP...............work it out Republicans, Independents, Tea Baggers................I emailed the Ron Paul folks..........I can cover South Eastern Colorado and North Eastern New Mexico.............Let me know....................

Cordially,

Leo M. McCormick
Jun 2, 2011 at 2:54 PM | Unregistered CommenterLeo M. McCormick
In light of the above and other recent financial FACTS of financial malfeasance by our "leaders",
Vince Flynn's book "TERM LIMITS" might be taking on a new signifigance!
Jun 7, 2011 at 4:22 AM | Unregistered CommenterJ. Molitor

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