Goldman Sachs // Current TV

Goldman Sachs CEO Does the Math, Realizes He Really Is An Asshole

In an open letter to the world, Goldman Sachs CEO Lloyd Blankfein says he read the... more

adamluebke
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7 months ago
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Hedges arrested with others at Goldman Sachs headquarters

17 people, including The Nation's contributor Chris Hedges, were arrested in New... more

letsliveinpeace
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OWS and Gobaman Sachs

I appeared on CNN to discuss President Obama's appointment of a tax cheating Goldman Sachs lobbyist to a top Treasury office - after pledging not to hire lobbyists in his administration. It was the second major lobbyist Obama has hired. For more details, see here: http://www.openleft.com/showDiary.do?diaryId=11152
Occupy Protesters Down on Obama, Survey Finds

By MARJORIE CONNELLY
Zuccotti Park in New York’s financial district is decked out with posters and signs for the wide array of political viewpoints of the Occupy Wall Street protesters. The six-week-old movement has several Web sites to promote various perspectives. But just who are these protesters? What is their political ideology? Do they have jobs?

Costas Panagopoulos, a professor of political science at Fordham University, recently conducted a survey of the Occupy Wall Street protesters in New York.

Dr. Panagopoulos described the protesters as “disgruntled Democrats.” Sixty percent of those surveyed said they voted for Barack Obama in 2008, and about three-quarters now disapprove of Mr. Obama’s performance as president. A quarter said they were Democrats, but 39 percent said they did not identify with any political party. Eleven percent identified as Socialists, another 11 percent said they were members of the Green Party, 2 percent were Republicans and 12 percent say they identified as something else.

Questionnaires handed out by Dr. Panagopoulos’s team of 15 interviewers throughout the park were completed by 301 adults from Oct. 14 to Oct. 18. “I followed the academic protocols that colleagues of mine adopted in the past to survey demonstrations,” he said.

In the survey, 80 percent described themselves as liberal; half of those said they were extremely liberal.

Most protesters surveyed had serious misgivings about the federal government: 52 percent said the government in Washington could be trusted to do what was right only some of the time, and another 42 percent said it could never be trusted. Similarly, almost all — 97 percent — disapprove of how Congress is doing its job.

Three in 10 of the Occupy Wall Street protesters picked unemployment as the most important problem facing the country, by far the top response. Ten percent said health care, followed by the federal deficit and government spending (9 percent) and the wars in Afghanistan and Iraq (9 percent).

Although most elected Democrats have offered only guarded support of the movement, more than two-thirds of those surveyed say the protest is likely to have an effect on the views of Democratic politicians. “They have ambitious expectations of the Democrats,” Dr. Panagopoulos said. “And are likely to be disappointed if their optimism is misplaced.” Most think the protests are less likely to change the opinions of Republican politicians.

Two-thirds of the survey respondents have attended college, and 25 percent are currently students. Thirty percent have full-time jobs and 18 percent are employed part-time. Forty percent are members of a union household. (Nationally, in a recent New York Times/CBS News poll, 58 percent of the general public have attended college and 62 percent are employed, either full-time or part-time.)
http://thecaucus.blogs.nytimes.com/2011/10/28/protesters-at-occupy-wall-street-disapprove-of-obama-a-survey-finds/I appeared on CNN to discuss President Obama's appointment of a tax cheating... more

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7 months ago
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Government and Big Business: The False Dichotomy

What is a false dichotomy? It is a situation where there seems to be a narrow field of... more

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O.co aka Overstock.com vs. Goldman Sachs: A True David & Goliath Story

For six years Overstock.com has waged a war to expose Wall Street mischief. We did not go looking for a fight, but our company was attacked, and we learned we were not alone: the same manipulation-for-profit tools that Wall Street had deployed against us had also been deployed against many American companies, harming job creation, innovation, and economic growth. We knew that if left unchecked and unexposed, Wall Street's games could ultimately damage U.S. capital markets.

So in 2005 and 2007 we filed two lawsuits. The first case was against a hedge fund (Rocker Partners) and hatchet-job-for-hire research team (Gradient Analytics), both with ties to Jim Cramer. The second case was against a group of eleven Wall Street prime brokers, culminating in Goldman Sachs. The hedge fund in question (Rocker Partners) hired famed lawyer David Boies, and the prime brokers showed up with an army of the most prestigious law firms in America. Our lawyers were Dore Griffinger, Ellen Cirangle, Jonathan Sommer and Catherine Jackson of Stein & Lubin, a small but excellent San Francisco law firm.

We won the hedge fund case against Gradient and Rocker, extracting an apology, a retraction and over $5 million in cash (it felt good to beat David Boies' firm). In our prime broker case, one of the Wall Street banks (Lehman Brothers) has gone under (two, Bear Stearns and Merrill Lynch were sold at fire sale prices), and another seven paid us millions to let them out.

That leads us to the main event this coming March, when O.co will square off against Goldman Sachs and Bank of America subsidiary, Merrill Lynch, in a San Francisco courtroom. Recently, we uncovered evidence of collusive action between Goldman Sachs, Merrill Lynch and other Wall Street bad guys, in a scheme designed to fool regulators and profit illegally at the expense of O.co. As a result of this, in December 2010, we moved to add a Racketeer Influenced and Corrupt Organization (RICO) Act claim and requested treble damages, but the court denied our motion, though we firmly believe the conduct of Goldman Sachs and Merrill Lynch was "racketeering" and "corrupt." Nevertheless, we are moving forward: trial is scheduled to commence March 5, 2012. At trial we will hold Goldman Sachs and Merrill Lynch accountable and expose to public view a slew of illegal Wall Street practices, some of which, practiced in the broader market, have been responsible for the current economic downturn.

http://www.overstock.com/50257/static.htmlFor six years Overstock.com has waged a war to expose Wall Street mischief. We did not... more

Incredulous
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7 months ago
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Goldman Sachs Plans a Halloween Celebration for Occupy Wall Street

New York City - The world’s largest investment firm is going all out this... more

mbalton
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7 months ago
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Goldman Sachs Withdraws From Credit Union Fundraiser After Learning Occupy Wall Street Was Being Honored Too

Earlier this month, the Lower East Side People’s Federal Credit Union in New... more

WakeUpPeople
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7 months ago
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16 comments

Surprised? Romney Beats Obama in Wall Street Donations

Romney has raised $1.5 million from employees of firms like Morgan Stanley; Highbridge... more

StewSteve
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8 months ago
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TARP Recipients Spreadsheet

https://docs.google.com/spreadsheet/ccc?key=0Ahrc1fKjUtJbdGduQVJHb05BeklPZlh4cFBVYzFwZ3... more

attilatheblond
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8 months ago
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Manly Men Unleashed!

Men acting all piratey...and manly, of course.... more

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8 months ago
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22 comments

Goldman Sachs Rules the World

Some people's jaws will be on the floor.... and they'll remain in denial... more

KB723
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8 months ago
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138 comments

Book: Geithner ignored Obama order to dissolve Citigroup

By Stephen C. Webster Friday, September 16th, 2011 -- 4:28 pm How much power does... more

KB723
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9 months ago
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Rep. Issa hit with ethics allegations

"A liberal advocacy group is filing an ethics complaint against Rep. Darrell... more

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9 months ago
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This Economy (Short Video)

A short film made by Cool Party Guys reflecting where the Economy is at.

CoolPartyGuys
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9 months ago
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Central Banks, BIS and Goldman Sachs Coercion

Did you ever wonder why countries allow private central banks to issue their money?... more

Dagum
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9 months ago
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Even Goldman Sachs Secretly Believes That An Economic Collapse Is Coming

Goldman Sachs is doing it again. Goldman is telling the public that everything is... more

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9 months ago
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Revealed: Former Goldman Sachs VP Turned Issa Staffer Supervised Scheduling Of Elizabeth Warren Incident

Nation of Change Lee FangThink Progress / Investigation Published: Wednesday 24... more

Buckeye_Bill
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9 months ago
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Ex-Goldman Sachs VP turned Issa staffer supervised scheduling of Elizabeth Warren incident

ThinkProgress has obtained more evidence that suggests that Haller’s employment... more

Cabal
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9 months ago
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Report: Wall Street helps Obama score big money for re-election

President Barack Obama has relied more on well-connected Wall Street figures to fund... more

maasanova
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10 months ago
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The Financial Crisis Blame Game - Setting the Record Straight

Video by Under The Radar Media with narration and research by Ryan Dawson of Rys2sense... more

maasanova
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10 months ago
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