Wednesday, June 1, 2011

The Goldman Hedge



Goldman Sachs makes a good case for the Tea Party. While Goldman Sachs may not be the only double dealing firm on Wall Street it does it with more gusto and chutzpah than anyone else. In its latest round of influence buying Goldman hired former New Hampshire Senator Judd Gregg and former Mitt Romney campaigner aide and Capitol Hill staffer, Joe Wall. On the Democratic side, Goldman hired former Obama White House administrator, Greg Craig and Barney Frank's top staffer, Michael Paese. Since the banking bailout of 2008 the top four US banks have gone from "too big to fail" to "way too big to fail"and to insure continued backing from the US Treasury in times of financial stress Goldman Sachs has put together a bipartisan defense. Oh would a Bachmann or Cain presidency upset Wall Street's game plan!

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