Goldman Sachs

Goldman Sachs: Masters of the Eurozone

From a 2011 report by The Independent. Click to enlarge.by Gaius PubliusInteresting headline, yes? I have a two-point intro and then the piece. First, when a "private" group's chief individuals flow back and forth constantly between government and that group, the group can be said to be "part" of government, or to have "infiltrated" government, or to have been "folded into" government.

Corporations shell out $1.2mn in Senate contributions to fast-track TPP

RT | May 28, 2015 Records from the Federal Election Commission show corporations have been donating tens of thousands of dollars to Senate campaign coffers, particularly to lawmakers who were undecided over a controversial trade deal involving Pacific Rim countries. Using data from the Federal Election Commission, the Guardian studied donations from the corporate members […]

If “Too-Big-to-Fail’’ Means “Too-Big-to-Jail” It Should Mean “Too-Big-to-Be”

In a couple of days, the so-called US Justice Department will be announcing an “agreement” reached with five large banks, including two of the largest in the US — JP Morgan Chase and Citigroup, the holding companies for Chase and Citibank — under which these banks or bank holding companies will plead guilty to felonies involving the manipulation of international currency markets.

Saudis Drop US-Made Cluster Bombs in Criminal War on Yemen

Costa Rica condemns Saudi Arabia’s dropping US-made cluster bombs on Yemen, in defiance of international law, including the Convention on Cluster Munitions that specifically outlaws the development, production, distribution, stockpiling, and use of cluster munitions, including the cluster bombs the Saudis have used since March 26 in their uncontested air attack on Yemen with an estimated 215 jet fighters from nine countries.

The Media Fall for Hillary Clinton’s Gensler Gambit

By William K. Black | New Economic Perspectives | April 16, 2015 Richard Cordray (former Attorney General of Ohio), the head of the Consumer Finance Protection Bureau (CFPG) and Gary Gensler (a former disaster under Bill Clinton and Goldman Sachs) have been the two great appointments by President Obama in the field of finance. Obama’s other appointments […]

Hillary Remains Clueless About Regulation on the 28th Anniversary of the Keating Five Meeting

By William K. Black | New Economic Perspectives | April 9, 2015 The Clintons’ Unlearned Lessons of the Keating Five Meeting On April 9, 1987, twenty-eight years ago today, my colleagues and I from the Federal Home Loan Bank of San Francisco (FHLBSF) met with five senators at the behest of the most notorious savings and […]

Stop Corporate Welfare Kings

By Ralph Nader | CounterPunch | April 17, 2015 “Tax day” comes and goes each year, but unfortunately, the systemic issues that plague American taxpayers linger on without resolution well past the mid-April deadline. The U.S. tax code has long been manipulated by corporate lobbyists and their corporate tax attorneys. (President Jimmy Carter once called […]

LIONEL PODCAST: Why Warmonger Hillary Would Be a Disaster as POTUS

Hillary Rodham Clinton will not be elected President of the United States. Never. Repeat: Never.
She announced today. And while the scrums of her faithful acolytes surround her with plaudits and praise and paeans and economia and salivating support, they can’t tell you why. Facts, issues mean nothing. They never did. It’s like the Che T-shirt. It’s image and memes and symbols and semiotics. No chance of research here, kids. It’s feeling.

Banks Say “Thanks for the Bailout,” Now We’ll Park our Profits in Overseas Tax Havens

By Steve Straehley | AllGov | March 16, 2015 Giant financial institutions that benefitted from federal bailouts during the depths of the recession have repaid the American people’s largesse by hiding profits overseas to avoid paying their fair share of taxes. According to a report (pdf) commissioned by Senator Bernie Sanders (I-Vermont), four big banks—Citigroup, […]