Anonymous Goldmanite: Obama Needs To Look Like He's Bashing Us But He Doesn't Really Give A S#!T

he Business Insider ^ | 9-16-2010 | Courtney Comstock

[blam]

Anonymous Goldmanite: Obama Needs To Look Like He's Bashing Us But He Doesn't Really Give A S#!T

Courtney Comstock
Sep. 16, 2010, 9:38 AM

Someone at Goldman verbalized many people's worst nightmare and some people's happy place:

A senior executive at Goldman told Gasparino: "Obama couldn't give a shit about all this anti-Wall Street stuff. He needs to bash us to get his bullshit financial reform through Congress." - Charlie Gasparino's new book, Bought And Paid For

It's too bad Gasparino keeps them anonymous. You can picture that coming out of the mouth of anyone on Wall Street.

Like Gary Cohn, who yelled "I'm sick of the bullsh%t!" at Harry Reid.

So now it's like no one said it, and everyone at Goldman said it, all at the same time.

Watch how Obama's relationship with Wall Street quickly progressed from friendship to anger >>>

[snip]

[blam]

Goldman's Gary Cohn To Politician: "We're Getting Sick Of The Bull$#it!"

[dashing doofus]

I wouldn’t take anything Gasparino claims too seriously.

This guy is a serious self promoting clown, and most of the people on Wall Street know that his “schtick” is to make outrageous allegations in order to get some press. Many firms avoid him entirely.

CEO Lloyd Blankfein correctly referred to Gasparino as a “thug.” I’m no LB fan, by any means, but he’s right about Gasparino....

[Liz]

Goldman Sachs Will Be Sitting Pretty With Emanuel in the Obama White House
By Timothy P. Carney, Examiner Columnist, Nov 21, 2008

EXCERPT Today, in these tumultuous times of bailouts and meltdowns when the investment banking leviathan needs Washington more than ever before, Goldman Sachs can leverage its most valuable asset yet White House chief of staff Rahm Emanuel.

Traditionally a Democratic booster, and one of Barack Obama’s top sources of funds in this past election, Goldman has always had particularly strong allies in government.

Rahm Emanuel is one such ally. An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clinton’s 1992 campaign for the White House. 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 it’s one that has almost entirely escaped scrutiny. (snip)

In his four terms in Congress, Emanuel 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 Emanuel’s lead role in shepherding the “$700 billion” bailout—first proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson—through 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 Emanuel’s salary in 1992? Did Goldman’s 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 Obama’s right hand man won’t be easy to follow.

Watch which regulations of Wall Street Obama fights for. Watch where the bailout money goes.

SOURCE http://www.washingtonexaminer.com/opinion/columns/TimothyCarney/ Goldman_Sach_Will_Be_Sitting_Pretty_With_Emanuel_in_the_Obama_White_House_112108.html

[chuckee]

Sorry, but Gasparino is an excellent Wall Street business reporter. If you read his books and commentaries, and if you are knowledgeable about Wall Street, you can see he has a handle on its culture and workings.He does not report from a liberal bias or a innate anti Wall Street bias.He reports it as he sees it. His last book on the Wall Street meltdown was right on the mark.