Skip to comments.A List of Goldman Sachs People in the Obama Government
Posted on 05/10/2010 1:53:40 PM PDT by voveo
But thats just the tip of the Goldman Sachs iceberg. Here you will find, I believe, the most comprehensive list of people-groups yet available to show how Obamas administration has really become the Goldman Sachs administration. But I need your help. I suspect there are far more people out there with such ties that I have missed even though I have spent lots of time researching this issue. If you know of other people who should be on this list, please help out and give the details in a comment to this diary.
(Excerpt) Read more at seminal.firedoglake.com ...
Goldman Sachs always has clout in Washington, as evidenced by the firms alumni serving as Treasury secretaries under both Presidents Bush and Clinton. Today, in these tumultuous times of bailouts and meltdowns when the investment banking leviathan needs Washington more than ever before, Goldman can leverage its most valuable asset yetincoming White House chief of staff Rahm Emanuel.
Goldman Sachs is the giant of Wall Street, and more than any other investment bank, Goldman is surviving the current financial storm.
Traditionally a Democratic booster, and one of Barack Obamas top sources of funds in this past election, Goldman has always had some particularly strong allies within government.
Emanuel is one such ally. An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clintons campaign for the White House in 1992. Clinton hired Emanuel as his chief fundraiser. At the same time, however, Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to introduce us to people, in the words of one Goldman partner at the time. This is certainly a noteworthy relationship, but its one that has almost entirely escaped scrutiny. (snip)
In his four terms in Congress, Emanuel has raised $74,750 from Goldman, making the firm his number four source of funds.
Goldman has helped Emanuel. How has Emanuel helped Goldman? The most obvious answer, as mentioned in this column two weeks ago, is in Emanuels lead role in shepherding the $700 billion bailoutfirst proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulsonthrough the skeptical House.
Of course, back in the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout.
Did Goldman improperly funnel money to the Clinton campaign by subsidizing Emanuels salary in 1992? Did Goldmans help to Clinton spur the Democratic president to push NAFTA and the Mexican bailout?
The answers to these questions are opaque, and with Emanuel burrowed deep within the Obama White House, the continued relationship between Goldman Sachs and Obamas right hand man wont be easy to follow.
Watch which regulations of Wall Street Obama fights for. Watch where the bailout money goes. And dont be surprised to see Goldman soon sitting pretty once again.
Probably be easier to have a list of who doesn’t have a connection to GS.
Clinton - BUSH — and the impostor’s administrations? -—NOPE—it’s been 16 + years of the Goldman Sachs administration.
Which means sixty four percent of American citizens are being bludgeoned out of the middle class without even having an inkling.
And because "Republicans" in Washington DC who know (including GWB incidentally), refuse to talk.
Incidentally, father GHWB in his last speech (Houston) after being manipulated out, said something like" "hold on to your wallet."
1. (Barack Obama)
2. Joe Biden
3. Robert Altman
4. Lael Brainard
5. Warren Buffett
6. Hillary Clinton
7. Gregory Craig
8. Thomas Donilon
9. Bill Dudley
10. Douglas Elmendorf
11. Rahm Emanuel
12. Diana Farrell
13. Stephen Friedman
14. Michael Frohman
15. Jason Furman
16. Anne Fudge
17. Mark Gallogly
18. Timothy Geitner
19. Gary Gensler
20. Michael Greenstone
21. “The Hamilton Project”
22. Robert Hormats
23. Neel KashKari
24. Karen Kornbluh
25. Jacob “Jack” Lew
26. David Lipton
27. Eric Mindich
28. Peter Orszah
29. Mark Patterson
30. Steve Rattner
31. Robert Reischauer
32. Alice Rivlin
33. James Rubin
34. Robert Rubin
35. Gene Sperling
36. Adam Storch
37. Larry Summers
A shorter list would be the list of people NOT associated with Goldman Sachs.
BTW, if you leave a job in the private sector and are appointed to a public sector position such as the FED, Treasury, White House ETC...
YOU pay NO TAXES on any bonus you receive.
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