Tag Archives: Goldman Sachs
“Financial Reform”: Partisan Politics and Lobbyist Study Buddies

“Financial Reform”: Partisan Politics and Lobbyist Study Buddies

Last Thursday, the US Senate passed S.3217, a financial reform bill supposed to reign in Wall Street and prevent a repeat of the recession in whose midst we still suffer.  At least its title, “Restoring American Financial Stability Act of ...Read more

Institutionalized Bribery: The Washington Way

Institutionalized Bribery: The Washington Way

A couple of weeks ago US Senate Republican Leader Mitch McConnell stood on the Senate floor and proclaimed that the Democratic Finance Reform Bill would “allow endless taxpayer-funded bailouts.”   It would, he argued, perpetuate “too big to fail.”

The White House ...Read more

Financial Reform in America: What Do the SEC’s Two Stories Really Mean?

Financial Reform in America: What Do the SEC’s Two Stories Really Mean?

The Securities and Exchange Commission (SEC) made two important announcements last Friday.  The first continues to make headline news across the country.  It informed the public that the SEC is charging Goldman Sachs with defrauding several customers, and doing so ...Read more

Is Goldman Sachs the New Halliburton? Revolving Doors and Conflicts of Interest

Do conflicts of interest make  Goldman Sachs the new Halliburton?  No.  It may be even worse.

Halliburton/KBR had a revolving door for Dick Cheney that served both of them well.  Their problem is that Cheney as Vice-President was very visible, very ...Read more


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