Free Republic

Lloyd Blankfein, the CEO of Goldman Sachs (GS), has put an unusual spin on the bank's activities. He says his firm is doing "God's work." This may seem like an audacious statement....

SO, is this how Goldman Sachs does it? "It," of course, is making gobs of money even when nobody else on Wall Street can. And those profits then go into outrageous bonuses to employees, which cause rancor on Capitol Hill and on Main Street. You've heard the old saying, "it's not what you know, but who you know." Goldman Sachs knows lots of important people. That fact is indisputable, mainly because former Goldman employees are scattered around the country, and the globe, in important, decision-making financial positions.

CEO Lloyd Blankfein said on Wednesday he believed a current upturn in world markets was probably not a full recovery from crisis and said he expected a further long recession. "I think it's going to be a long proctracted recession," he told an international regulators conference in Tel Aviv. Addressing a current upturn in markets, he said: "There is no reason to think this is it ... So many things have to be sorted out. Why would this be the recovery? "The chances are it's not."

There is a whiff of Fascism emanating from the Obama White House. Reports say that the head of GM is quitting under duress from the Obama administration:

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 on the board of directors of the Robin Hood Foundation. As we reported, that foundation is funded by George Soros's Soros Fund Charitable Foundation and has given money to ACORN. The Robin Hood Foundation gave ACORN $821,000 consisting of a $456,000 grant in 2003 and a $365,000 grant in 2004. According to guidestar.org, Blankfein, unlike fellow board member Tom Brokaw, was in fact a Robin Hood board member in the years...

Lloyd Blankfein, chairman of Goldman Sachs, has publicly endorsed Hillary Clinton’s presidential bid, published reports said. “As a New Yorker, I have seen firsthand the outstanding work Hillary Clinton has done as a senator, proving herself to be a strong and experienced leader,” Mr. Blankfein said in a Clinton campaign statement, Bloomberg reported. It’s hardly the first time the Goldman Sachs head honcho supported Ms. Clinton’s campaign or the Democratic Party.