Tag Archives: goldman sachs

What Goldman Really Did Wrong

Unsurprisingly, apologists for Goldman and Wall Street have been coming out of the woodwork in the last few days.   Goldman CEO Loyd Blankfein himself was on Charlie Rose last week, arguing that Goldman is a “market maker” – and therefore it’s not a big deal that they were shorting the housing market while simultaneously telling people to buy.  He’s actually kind of right… There are a lot of things that Goldman did during the collapse of the housing market… Read More

Tagged , , , , | Leave a comment

What All That Money Just Bought Goldman…

Interesting article in the Washington Post – Goldman just gave it’s lobbying team an injection of steroids…  a dream team of insiders:

As head of its government affairs office, Goldman has installed Michael Paese, a former top aide on the House Financial Services Committee to Chairman Barney Frank (D-Mass.) and more recently an industry lobbyist. (Frank has barred Paese from lobbying his panel for two years, longer than what ethics rules require.)

Paese’s team includes Faryar Shirzad, a top

Read More

Tagged , , | Leave a comment