Goldman Sachs: Investing in Political Influence!
- Goldman Sucks and JP Morgue are both Illuminists banks. They are the real rulers/controllers of the US government!
Goldman Sachs: Investing in political influence!
by David Gutierrez, Natural News
(NaturalNews) A Venn diagram released by Harvard law professor and political activist Larry Lessig reveals the shocking connections between our government and banking and investment giant Goldman Sachs.
Goldman Sachs was a major contributor to (and beneficiary of) the 2007 subprime mortgage crisis that helped initiate the current depression. The bank then proceeded to heavily avail itself of bailout payments and other monetary assistance from the federal government.
In 2010, the Securities and Exchange Commission (SEC) filed a lawsuit against the company, alleging that it had deceived investors about the nature of one of its products, costing them a total of $1 billion.
Goldman Sachs was defended in the lawsuit by its longtime legal firm, Skadden, Arps, Slate, Meagher & Flom, LLP. One of its advisors on defense strategy was a partner in the firm by the name of Gregory Craig, who had left his job as White House Counsel only months before. When observers raised ethical concerns, some of them pointing out that the Obama Administration prohibits its former members from lobbying it for at least two years, Craig responded by saying, “I am a lawyer, not a lobbyist.”
Craig is a classic example of the “revolving door” in this country between industry and government. He has moved back and forth over the years between government positions — he served as foreign policy advisor to both Senator Edward Kennedy and to Secretary of State Madeleine Albright — and legal work, often taking on major corporate clients like Goldman Sachs.
Another striking example is Robert Rubin, who spent 26 years at Goldman Sachs, eventually becoming Co-Chief Operating Officer (COO), Co-Chairman, and a member of the Board. Months after leaving Goldman Sachs, he took a position as President Clinton’s Assistant for Economic Policy and head of the National Economic Council. Two years later, Clinton appointed him Secretary of the Treasury, a position he filled for another four and a half years. After leaving the Treasury Department, Rubin immediately returned to the financial sector and took a position with the megabank Citigroup.
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