[AndyJackson]

I would suggest everyone take a step back from the edge here. GS are not in any way shape or form the heros of this story. It is like they became such a corrupt organization that even the other godfathers in the city could not live with them anymore.

Getting to the bottom of why the Obama administration is taking on Goldman and taking them on now is not a winning issue for Republicans.

[cake_crumb]

I agree that GS isn't some sort of hero here, nobody has said that and it's odd you did. I strongly disagree that finding out why Obie took massive amounts of money from GS, hired former GS bigwigs and is behind a pseudo investigation of wrongdoing at GS is very MUCH a winning issue here.

[Shady]

Agreed, however, showing the insider trading relationships with Treasury and their constructed con of the American People, and then pinning it on BO and his thugs....priceless!

[rogertarp]

GP has done nothing wrong. Perhaps you can explain your conclusion with specific facts. You are just drinking the Kool Aid.

[BP2]

> Getting to the bottom of why the Obama administration is taking on Goldman
> and taking them on now is not a winning issue for Republicans.

I disagree. The GOP, despite their MANY faults, is being seen by a majority of 2010's voting electorate as the Cavalry that can save America from the Obama horde.

Obama and the Dems are seen as CORRUPT INSIDERS after ObamaCare by a majority of Americans; deals cut with Goldman Sachs is yet another example of their corruption and influence for hire.
Yet MORE backroom deals, applying Obama's new Business Model:

'Tis better to get a SLICE of the pie than NO pie at all.

I think we'll find that Goldman Sachs is likely being used by Obama's White House as a willing scapegoat to help gain public support for Finance Reform.

In return, count on the writers of the Finance Reform Bill within the White House to cut out or add BIG chunks of legislation that will favor Goldman Sachs at the END of this process. They are VERY likely in cahoots with the White House NOW, just like the Insurance & Pharmaceutical Industries with ObamaCare.

Donations nearly $1 million to Obama certainly doesn't hurt.

And count on Greg Craig — former White House legal adviser who just got hired on at Goldman Sachs — to facilitate communication between his former employer and his new employer.

Nobody HERE is fooled ... Goldman Sachs is as evil as Obama's White House itself.

And just like a cancerous tumor,
the tendrils of Goldman Sachs runs deep within the Obama White House:

Dianna Farrell:
Obama Administration: Deputy Director, National Economic Council
Former Goldman Sachs Title: Financial Analyst

Stephen Friedman:
Obama Administration: Chairman, President’s Foreign Intelligence Advisory Board
Former Goldman Sachs Title: Board Member (Chairman, 1990-94; Director, 2005)

Gary Gensler:
Obama Administration: Commissioner, Commodity Futures Trading Commission
Former Goldman Sachs Title: Partner and Co-head of Finance

Robert Hormats:
Obama Administration: Undersecretary for Economic, Energy & Agricultural Affairs, State Dept
Former Goldman Sachs Title: Vice Chairman, Goldman Sachs Group

Philip Murphy:
Obama Administration: Ambassador to Germany
Former Goldman Sachs Title: Head of Goldman Sachs, Frankfurt

Mark Patterson:
Obama Administration: Chief of Staff to Treasury Secretary, Timothy Geitner
Former Goldman Sachs Title: Lobbyist 2005-2008; Vice President for Government Relations

John Thain:
Obama Administration: Adviser to Treasury Secretary, Timothy Geitner
Former Goldman Sachs Title: President and Chief Operating Officer (1999-2003)

[NVDave]

Fully agree.

And it is obvious to anyone active in markets that Goldman is no hero of “free markets.” They’ve been able to get away with gaming the markets for more than a decade now, thanks to their political connections since Rubin was SecTreas.