[p2p-research] Fwd: Fwd: video on Goldman Sachs in key Governmental positions
Michel Bauwens
michelsub2004 at gmail.com
Thu Aug 27 07:47:49 CEST 2009
---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson at gmail.com>
Date: Wed, Aug 26, 2009 at 3:38 PM
Subject: Re: [p2p-research] Fwd: video on Goldman Sachs in key Governmental
positions
To: Michel Bauwens <michelsub2004 at gmail.com>
related to the same topic,
http://clipsyndicate.com/publish/video/1019966?wpid=0
with comments from former Governor of New York and former Attorney General
of New York State
http://en.wikipedia.org/wiki/Eliot_Spitzer
On Wed, Aug 26, 2009 at 6:23 AM, Michel Bauwens
<michelsub2004 at gmail.com>wrote:
>
>
> ---------- Forwarded message ----------
> From: Dante-Gabryell Monson <dante.monson at gmail.com>
> Date: Wed, Aug 26, 2009 at 3:46 AM
> Subject: video on Goldman Sachs in key Governmental positions
> To: Michel Bauwens <michelsub2004 at gmail.com>
>
>
> http://www.youtube.com/watch?v=F3AlFe8l4OE&feature=related
>
>
>
> It completes well with the video I sent earlier , and more videos on the
> topic
>
> http://delicious.com/deliciousdante/crisis+video
> Video Player : Rolling Stone<http://www.rollingstone.com/videos/player/28915225>
> PEOPLE
> Matt Taibbi Breaks Down Goldman Sachs’ Big Scam
>
> ----
>
>
> also :
>
>
> http://www.telegraph.co.uk/finance/5837373/Just-how-did-Goldman-Sachs-manage-that.html
>
> http://www.goldmansachs666.com/
>
> Just about everyone has heard of Goldman Sachs. Few, until recently, had
> heard of Mike Morgan, a Florida-based investment adviser, just recovered
> from heart surgery. Over the past few months, Morgan has become one of those
> shooting stars of cyberspace. He set up a blog, goldmansachs666.com ,
> whose posts have included "Does Goldman Sachs run the world?" and "If
> Goldman Sachs robbed your house, what would you do?".
>
> Aggrieved at being traduced under the devil's sign, the American investment
> bank ordered Morgan to take down his site. He refused. A legal spat ensued.
>
> Now, the site appears with the following disclaimer: "This website has not
> been approved by Goldman Sachs. This website was designed to provide
> information about Goldman Sachs to demonstrate [in Mr Morgan's view] how
> destructive this company is to our lives and the hopes and dreams of our
> children."
>
> Few companies generate such vitriol. But sometimes you wonder if Goldman
> doesn't actually want to be hated. Just look at this week's humdinger. Fresh
> from repaying $10 billion (£6 billion) of rescue funding from the American
> taxpayer, and amid the biggest economic crisis since the 1930s, Goldman
> turned in record second-quarter earnings of $3.44 billion a 65 per cent rise
> year-on-year.
>
> That's only half of it, though. The upshot of these monster earnings is
> that Goldman's 29,400 staff are set to rake it in as never before. As if the
> credit crunch had never happened, the Goldmanites are on course this year
> for average pay, bonus and benefit packages of an eye-watering $770,000 per
> head. That's almost twice what President Obama earns
>
> Top of the list is its former chief executive, Henry Paulson, the man who
> was George Bush's last Treasury Secretary and the architect of the Wall
> Street bank bail-out. Paulson was only following form. Another Goldmanite,
> Robert Rubin, was Treasury Secretary under Bill Clinton.
>
> Paulson, it is widely known, could not stand Dick Fuld, the former boss of
> Lehman Brothers. So, the conspiracy theory goes, Paulson was happy to let
> Lehman go to the wall the one major bank that America declined to rescue.
> Even so, it stretches it a lot to say that allowing Lehman to collapse was
> all part of a grand design to help Goldman.
>
> As one Wall Street banker puts it: "Lehman almost brought down the entire
> financial system, forcing Goldman to go cap in hand to the Treasury for $10
> billion of Tarp funds" the bail-out under the US government's Troubled
> Assets Relief Programme. "If Paulson had been trying to help his old bank,
> he would have let Bear go rather than Lehman."
>
> Two controversies feed the conspiracy theories. First, after Lehman fell,
> Goldman and the remaining US investment banks found it impossible to finance
> their businesses. So, the US government allowed chief executive Lloyd
> Blankfein to turn Goldman into a bank holding company, regulated by the US
> Federal Reserve a move also followed by Morgan Stanley. This enabled
> Goldman, which was now constituted as a commercial bank, to gain access to
> fresh and cheap funding from the Fed.
>
> ---
>
>
>
> --
> Work: http://en.wikipedia.org/wiki/Dhurakij_Pundit_University - Research:
> http://www.dpu.ac.th/dpuic/info/Research.html - Think thank:
> http://www.asianforesightinstitute.org/index.php/eng/The-AFI
>
> P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net
>
> Connect: http://p2pfoundation.ning.com; Discuss:
> http://listcultures.org/mailman/listinfo/p2presearch_listcultures.org
>
> Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens;
> http://twitter.com/mbauwens; http://www.facebook.com/mbauwens
>
>
>
>
>
> _______________________________________________
> p2presearch mailing list
> p2presearch at listcultures.org
> http://listcultures.org/mailman/listinfo/p2presearch_listcultures.org
>
>
--
Work: http://en.wikipedia.org/wiki/Dhurakij_Pundit_University - Research:
http://www.dpu.ac.th/dpuic/info/Research.html - Think thank:
http://www.asianforesightinstitute.org/index.php/eng/The-AFI
P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net
Connect: http://p2pfoundation.ning.com; Discuss:
http://listcultures.org/mailman/listinfo/p2presearch_listcultures.org
Updates: http://del.icio.us/mbauwens; http://friendfeed.com/mbauwens;
http://twitter.com/mbauwens; http://www.facebook.com/mbauwens
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listcultures.org/pipermail/p2presearch_listcultures.org/attachments/20090827/4c064759/attachment-0001.html>
More information about the p2presearch
mailing list