Bank Bailout Chief Gelded
Neel Kashkari, the holdover from the Bush administration who is running the Wall Street bailout program (TARP), is unable to be effective in his job because it’s known that…
goldman sachs
Carbon Trading Markets Collapse
As policymakers here in America ponder adopting a disastrous so-called cap-and-trade system that will do little but fatten the wallets of Goldman Sachs, Hot Air reports that carbon trading markets…
Goldman Sachs Plugged in at Geithner’s Treasury
Treasury Secretary Timothy Geithner has made former Goldman Sachs lobbyist Mark Patterson his chief of staff. From a report in the D.C. Examiner: The selection is at least the…
Taxpayer Subsidized Lobbying.
Who said this? “Nobody mentioned that you are giving up your Constitutional right to petition the government” when you accept federal tax dollars. Nan Aron? Independent Sector? Nope. It’s Edward Yingling, president…
Hurricane Hank to Strike D.C. One More Time
With just 11 days remaining in the awful Bush administration, Treasury Secretary Henry Paulson is moving forward with plans to access the second $350 billion installment of the $700 billion…
How to Spend $178 Billion in 86 Days
I just went to the Brookings Institution to hear Treasury assistant secretary Neel Kashkari describe his success in organizing the federal government’s bailout program, otherwise known as the Troubled…
Bailout Money for Goldman Sachs Bonuses
ABC News reports that Goldman Sachs, which has received $10 billion in bailout money from the U.S. Treasury, is using those taxpayer dollars to pay for employee bonuses. Here is…
A Favor to Goldman Sachs?
How come the Federal Reserve and Treasury Department let the investment bank Lehman Brothers fail last September but gave the insurance company A.I.G. $85…
No Longer Master of the Universe
Treasury Secretary Henry Paulson’s flip-flop over how the Bush Administration will use the $700 billion it requested from Congress has hurt his reputation, frightened the stock market, and…
The Goldman Sachs-ACORN Connection
The connection between Goldman Sachs and ACORN is admittedly weak but we thought we’d report it anyway because it’s interesting. The current CEO of Goldman Sachs, Lloyd Blankfein, sits…