Tuesday, April 20, 2010

Goldman Sachs

Obama continues the practice of placing former Goldman Sachs executives and lobbyists in positions of power over our financial sector -

#1. Mark Patterson - former Goldman Sachs lobbyist now Geithner's chief of staff at Treasury, which oversees the government's $700 billion financial bailout program. Goldman Sachs received $10 billion of that money.

#2. Gary Gensler - Gensler spent 18 years at Goldman Sachs, making partner when he was 30, becoming head of the company’s fixed income and currency trading operations in Tokyo by the mid-’90s, and eventually the company’s co-head of finance. Now Chairman Commodity Futures Trading Commission

#3. Robert D. Hormats - Vice Chairman, Goldman Sachs (International). Now Robert D. Hormats is Under Secretary for Economic, Business, and Agricultural Affairs State Department

#4. Adam Storch - Managing Executive of the Security and Exchange Commission's Division of Enforcement. He was previously the Vice President in the Business Intelligence Group at Goldman Sachs.

then there's ... Dianna Farrell ( Deputy Director, National Economic Council)... Philip Murphy ...

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