Posts Tagged ‘robert rubin

30
Nov
09

great reflection on anniversary of Seattle WTO protests

funny how banking was central to the whole WTO debate….kinda like our gov’t banking debates today…

note good ol Bob Rubin’s shout outs in the movie….

from : http://www.gregpalast.com/

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30
Nov
09

more proof obama’s economic foundation is flawed…

here’s obama praising bob rubin’s hamilton project, a think tank that promoted lots of the CRAP phony-financing ideas that led to the 2008 collapse.

the more i follow this bob rubin-as-obama-economic figurehead…the more i think of bush getting tag-teamed by dick cheney, don rumsfield, and the other asshole neoconservatives that erronously took USA into Iraq….

the goldman sachs, crony-banking ties to obama will sink him in 2010 if he doesn’t drastically change course.

from : http://www.tinyrevolution.com/mt/archives/000867.html

27
Nov
09

taibbi’s latest goldman/gov’t story

Vodpod videos no longer available.

more about “Morning Meeting:Obama’s big sellout?“, posted with vodpod

 

04
Nov
09

peter orszag as dr. floyd ferris

continuing with my atlas shrugged theme…here’s ‘director of office of the budget’ for the obama white house….this guy is right out of atlas shrugged…”the economy doesn’t like us right now and we need to somehow make the economy happy again”…..

also found out that his mentor is robert rubin…one of my 3 assholes of the financial apocalypse.

Vodpod videos no longer available.


Vodpod videos no longer available.

25
Oct
09

small world of banking

stumbled across this old article about goldman sachs’ IPO.

excerpt:

Monday, Jan. 11, was a painful day for Jon S. Corzine, the leader of Wall Street’s most prestigious investment bank, Goldman, Sachs & Co. That morning, from his unassuming office at 85 Broad Street in the heart of New York’s financial district, Corzine called clients and regulators to tell them his astonishing news: He was no longer chief executive of Goldman Sachs. One call was to William J. McDonough, president of the Federal Reserve Bank of New York. ”I think he is a very fine human being and a high-quality professional,” says McDonough, who negotiated with Corzine the rescue of Long-Term Capital Management last September. ”Personally, I will regret that I will not be able to work with him as closely as I did in his previous capacity.”

Later that morning, Goldman put out a terse press release, with the news that Corzine ”has decided to relinquish the CEO title.” He would remain co-chairman to help with the initial public offering of Goldman’s stock, which was postponed when the stock market plunged in August and September. The news about Corzine shocked the Street. Employees were ”blown away,” says one senior manager. Securities & Exchange Commission Chairman Arthur Levitt Jr. says: ”I think he’s probably as broad-gauged a leader as the industry has seen since [former Goldman Senior Partner] John Whitehead.” Some Goldman clients were equally unnerved by Corzine’s demotion, with one corporate client even saying he may take his investment banking business elsewhere. ”My confidence in Goldman Sachs depends on my confidence in Jon Corzine,” he says.

Insiders and competitors alike say Corzine was ousted in a coup within Goldman’s all-powerful five-man executive committee. Corzine was forced aside by a troika of senior bankers: his co-chief executive, Henry ”Hank” M. Paulson Jr.; Goldman’s top investment banker, John L. Thornton; and Corzine’s protege, Chief Financial Officer John A. Thain. ”Everyone liked Corzine. No one likes to see someone ganged up on,” says one insider.

http://www.businessweek.com/1999/99_04/b3613001.htm

21
Oct
09

The 3 Assholes of The Financial Apocalypse

3devils

check out how these assholes thought their ivory tower bullshit beat common sense any day….at least all three legacies have been completely sh$t on by this meltdown…

watch pbs’ frontline special to get more insight into how fucked our whole system is….Lawrence Summers to Brooksly Born in 1998: “the whole financial system will collapse if you regulate (i.e. open the hood) on derivatives.”…guess we just waited 10 years for the shitstorm to get 100x as big.

http://www.pbs.org/wgbh/pages/frontline/warning/view/

14
Jul
09

more on goldman sachs’ free ride off american tax payer

excerpts:

“The question I have, of course, is why is the Obama administration, which has decried corporate greed whenever it’s politically feasible, allowed Goldman all the advantages of a bank, when it is really a big hedge fund?”

 “Now with all the government help, Goldman is marching its way back up to $235 a share—trading at around $150 Monday—by embracing much of the same risk that nearly led to its demise. It would be nice, though, if the next time Goldman losses money taxpayers didn’t foot the bill.”

http://www.thedailybeast.com/blogs-and-stories/2009-07-13/goldmans-fast-money/?cid=bs:archive8

another article on similar goldman-gov’t collusion:

http://www.americanthinker.com/printpage/?url=http://www.americanthinker.com/2009/07/will_dems_allow_goldman_to_man.html




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