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To: Rangle who wrote (42465)4/29/2010 11:19:12 AM
From: Guy Gadois1 Recommendation  Read Replies (2) | Respond to of 48463
 
He should have forged a check for $300,000...then the bank would want to do lunch with him!

I was told years ago the banks and brokerages kept their trading arms separate from their retail arms to avoid conflict with their clients. Guess greed took over since then.

jon



To: Rangle who wrote (42465)4/29/2010 11:40:22 AM
From: joseffy  Read Replies (1) | Respond to of 48463
 
Rangle,

HOW MUCH can Goldman Sachs people pay for lawyers?

What level attorneys will they be able to hire?

I know a guy who punched a Chicago policeman and got 15 years.

When he was about to get out they placed him for a short time in a 'gentleman's prison' where Michael Milken was also an 'inmate.'

Milken had served his entire [short] sentence there rather than in a bad news, dangerous federal prison.

They guy asked me, "This jerk Milken cheated people out of billions of dollars and got two years in a sissy country club 'prison.' I hit one policeman who was trying to hit me and I get much longer than Milken. What kind of system is this?"

Do you have an answer for him?



To: Rangle who wrote (42465)4/29/2010 4:16:54 PM
From: joseffy  Respond to of 48463
 
Goldman Sachs brings in the hired guns

By A. James Memmott April 28, 2010
news.muckety.com

When the going gets tough, the tough get recruiting.

Bloomberg Businessweek reports that Goldman Sachs Group has been signing on “former lawmakers and crisis specialists” to help the firm combat a wave of negative publicity and Congressional outrage.

The new advisers include Mark Fabiani of the public relations firm Fabiani & Lehane. Nicknamed the “Master of Disaster,” Fabiani helped President Bill Clinton handle the Whitewater investigation.

Fabiani was also Al Gore’s deputy campaign manager for communications and strategy during the 2000 presidential campaign and served as the campaign spokesperson during the Florida recount.

Since 2002, he has been a consultant to football’s San Diego Chargers, helping them with efforts to get approval for a new stadium.

In advising Goldman, Fabiani joins another Clinton hand, Greg Craig. He led the battle against impeachment charges during the Clinton presidency.

Craig also served as White House counsel in the Obama administration for almost a year. He’s a member of the Washington law firm of Skadden, Arps, Slate, Meagher & Flom.

Stephen Labaton, who covered the financial crisis for The New York Times until he took a buyout from the paper near the end of last year, has also joined Goldman’s lobbying team, Bloomberg reports.

The additions to Goldman’s Washington staff parallel an increase in spending. Bloomberg writes that the firm spent $1.2 million on lobbying in the first three months of 2010, almost twice as much as what it spent in the first three months of 2009.

Bloomberg lists these other politically well-connected recent Goldman hires:

•Michael D. Thompson, who earlier served on the staff of Sen. Michael B. Enzi, a Wyoming Republican. He was also a Republican assistant to the Senate Banking, Housing and Urban Affairs committee.
•Joyce Brayboy, a former chief of staff for Democratic Representative Melvin L. Watt of North Carolina. She was a lobbyist and senior vice president with the Glover Park Group before joining Goldman at the end of last year.
•Eric Edwards, a former Democratic aide to a House Financial Services subcommittee and a staff assistant for Rep. Luis V. Gutierrez, an Illinois Democrat.
•Joe Wall, a former aide to Vice President Dick Cheney. He was also an aide to Rep. Roy Blunt, a Missouri Republican, and he served on Mitt Romney’s 2008 presidential campaign as an assistant national field director.
As Bloomberg notes, Goldman was already well-stocked with politicos before it brought in the new recruits.

In April 2009, the firm hired Michael Paese to head its Washington office. Until September 2008, he had been a staff member of the House Financial Services committee headed by Rep. Barney Frank, a Massachusetts Democrat.

He left the committee to become an executive vice president at the Securities Industry and Financial Markets Association.

Last summer, Todd M. Malan, a longtime lobbyist at the Organization for International Investment, joined Goldman’s Washington office.

Also signing on was Kenneth M. Connolly, a former staffer to Vermont Sen. James Jeffords and a former staff director of the Senate Environmental and Public Works Committee.

In the past, Goldman has also sought advice from Richard Gephardt, the former House Democratic leader.