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« Bank Of America, Wells Fargo & JP Morgan Sued By New York AG Eric Schneiderman Over Use Of MERS | Main | Interview - Why Soros Bought $2 Billion In Italian bonds »
Friday
Feb032012

Report: Top Geithner Aide Headed To Goldman Sachs

Meanwhile, Geithner is rumored to be heading to Government Sachs in November...

--- 

Bloomberg

Goldman Sachs Group Inc. (GS) may hire Richard “Jake” Siewert Jr., a former counselor to U.S. Treasury Secretary Timothy F. Geithner, to manage the bank’s communications department, according to three people familiar with the situation.

Siewert, who turns 48 today, is in talks about a role similar to the one held by Lucas van Praag, 62, who has worked at Goldman Sachs for 12 years, said the people, who asked for anonymity because the talks aren’t public and an agreement hasn’t been reached. 

Hiring Siewert may help bolster Goldman Sachs’s links with the Democratic Party in the U.S., which controls the Senate and the White House under President Barack Obama.

Goldman Sachs employees have donated at least $367,200 to Romney’s campaign in the 2012 election cycle so far, more than workers at any other company, according to the Center for Responsive Politics’s donation-tracking website, opensecrets.org. Obama, who has called for higher taxes on the wealthy and stricter regulation of the financial industry, got $50,124 from Goldman Sachs workers during the same period, the data show.

Four years ago, employees of New York-based Goldman Sachs gave $1.01 million to Obama’s presidential campaign, according to the website.

Goldman Sachs set aside enough money to pay each of its 33,300 employees an average of $367,057 in salary, bonuses and benefits for 2011, according to the company’s 2011 financial statement published on Jan. 18. A decline in trading revenue helped drive down the average payout per worker from $430,700 in 2010.

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Reader Comments (13)

Feb 3, 2012 at 7:02 PM | Registered CommenterDailyBail
Contrary to Government Claims of 243,000 Jobs Created, Hundreds of Thousands of Jobs Were Actually LOST In January

http://www.washingtonsblog.com/2012/02/contrary-to-government-claims-of-243000-jobs-created-almost-1-million-jobs-were-actually-lost-in-january.html
Feb 3, 2012 at 7:09 PM | Registered CommenterDailyBail
FDA Whistleblower Lawsuit Sparks Congressional Investigation

http://www.activistpost.com/2012/02/fda-whistleblower-lawsuit-sparks.html
Feb 3, 2012 at 7:11 PM | Registered CommenterDailyBail
Siewert is getting to Goldman early to pave the way for the annointed one.
Feb 3, 2012 at 11:55 PM | Unregistered CommenterS. Gompers
I always wonder about the toll it takes on prophets like Max. While they're other people in their own different spotlight everyday, they didn't take Maxy's deal--TV 2 times a week. That's massive heart attack territory, and that's a nutsack on Max, to be sure. But there is a downside...

Not kid friendly.

http://maxkeiser.com/2012/02/02/kr244-keiser-report-chutzpah-economics/

I've been watching MK for 3 years, and today's epic lassitude might rival my own on a Thursday.
Feb 4, 2012 at 12:09 AM | Unregistered CommenterCheyenne
I watched the first 3-4 minutes and nothing really happened. When does the excitement begin in the max clip?
Feb 4, 2012 at 1:15 AM | Registered CommenterDailyBail
Surprise, surprise, surprise...and the door keeps turning...
Feb 4, 2012 at 9:16 AM | Unregistered CommenterJosie
The news starts as soon as Max's inebriated mug appears.
Feb 4, 2012 at 10:30 PM | Unregistered CommenterCheyenne
The thing about Geithner leaving is that NO ONE asks where's he's going, or even if he himself knows. Isn't that the first thing you ask a co-worker who's just told you she's departing? Why doesn't anyone ask Tim Geithner the same question?

How bout this question to hurl at Tiny Tim: would you agree that there's no possible fucking way that you're going to work for an American manufacturing company when you leave? That's a yes or no question, sir.

Now, please tell us why not.
Feb 4, 2012 at 10:46 PM | Unregistered CommenterCheyenne
If Tim went to work for a manufacturing company Cheyenne they would be belly up in 6 months. He has to stay in the financial realm where poor performance yields a high personal return.

He will go to Goldman...
Feb 6, 2012 at 1:47 AM | Unregistered CommenterS. Gompers
This is news? Goldman Sachs and the Treasury are a revolving door.
Feb 15, 2012 at 10:29 PM | Unregistered CommenterAngelo_Frank
Lets see, one out of ten. That works out to every high level executive on Wall Street. No wonder the bastards are destroying the country. They're all insane wackos and they're driving the bus.

They own the U.S. Congress, the U.S. Supreme Court, The President and his whole Goldman Sachs administration. The used to be the greatest nation on earth is being controlled and destroyed by a bunch of Power Crazed, Gambling Addict, Psychopathic Criminals who should be locked up somewhere where they lots of rubber room accommodations for the Criminally Insane.

Be afraid people, be very very afraid!



http://www.huffingtonpost.com/2012/02/28/wall-street-psychopaths_n_1307168.html
Mar 4, 2012 at 11:01 AM | Unregistered CommenterSagebrush
Lets see, one out of ten. That works out to every high level executive on Wall Street. No wonder the bastards are destroying the country. They're all insane wackos and they're driving the bus.

They own the U.S. Congress, the U.S. Supreme Court, The President and his whole Goldman Sachs administration. The used to be the greatest nation on earth is being controlled and destroyed by a bunch of Power Crazed, Gambling Addict, Psychopathic Criminals who should be locked up somewhere where they lots of rubber room accommodations for the Criminally Insane.

Be afraid people, be very very afraid!

http://www.huffingtonpost.com/2012/02/28/wall-street-psychopaths_n_1307168.html
Mar 4, 2012 at 3:11 PM | Unregistered CommenterSagebrush

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