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Bill Cara

Goldman Sachs - Too Crooked To Exist?

By Bill Cara on November 1, 2009 | More Posts By Bill Cara | Author's Website

Graduating from business school in Canada in the 1960’s, not in my wildest dreams did I consider the possibility of the events that have taken place since the summer of 2006 when Goldman Sachs (GS) Chairman and CEO Henry Paulson was appointed Secretary of the Treasury of the United States. To even think that the most credible financial news would be forthcoming from Jon Stewart, a comedian on television, or Matt Taibbi, a political reporter for Rolling Stone magazine and sports columnist for Men’s Journal, would have been blasphemy. Yet, it’s true.

Taken down by conflict of interest based organizational structures, and selfish and purposefully ambiguous dealings by the people elected by the People or appointed to serve and protect their interest, the entire financial system has been allowed to fall under the control of an organization by the name of Goldman Sachs, which 15 years ago - until vice-chairman at the time Robert Rubin was appointed Treasury Secretary by President Clinton — was just a second-tier, albeit professionally competent, Wall Street broker-dealer.

http://en.wikipedia.org/wiki/Goldman_Sachs

The United States needs and must have better. It cannot afford to be managed by an organized crime syndicate. Stewart, Taibbi and others get it. They are trying to fight back, and so must you.

http://trueslant.com/matttaibbi/2009/10/30/forget-galleon-what-about-gol…

You have all heard of the concept of six degrees of separation; but, if not, here is the link to wiki.

http://en.wikipedia.org/wiki/Six_degrees_of_separation

Today, through the facilities of the human web, we can unite to defend ourselves and our country against the likes of Goldman Sachs. We can start by emailing blogs and utubes carrying messages from the Stewart’s and Taibbi’s among us to every person on our contact list and asking them to do the same and on and on.

Eventually, perhaps weeks, everybody will get it, will come to understand that there is a source of America’s problems that must be addressed and managed.

Today, we can send out Matt Taibbi’s latest article and his growing body of work as we did earlier this month with Dylan Ratigan’s YouTube on Goldman Sachs magic trick.

http://video.google.com/videosearch?hl=en&rlz=1C1CHMB_enBS321BS321&q=utu…

http://www.youtube.com/watch?v=D-4wpoBIYjU

Rather than saying ‘Too Big To Fail’ we should be asking ‘Too Crooked to Exist?’ and we should be demanding investigation and prosecution - at least for the top 100 or more executives and managing directors of this 31,700 person strong company.

Given that the SEC Division of Enforcement, which is a securities law enforcement agency mandated to act for the People’s interest, has now been corrupted by Goldman Sachs (see Andrew Storch hiring), Americans must now look to the FBI to seek “Fidelity, Bravery, and Integrity” in their protection from major securities fraud.

It might be a good time to strip the SEC of its Division of Enforcement. People among us, like Matt Taibbi, know a Goldman Sachs-led political organization is not up to the job.

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