The Mudcat Café TM
Thread #128415   Message #2891824
Posted By: Sawzaw
22-Apr-10 - 12:25 AM
Thread Name: BS: Obama Admin and Financial Reform
Subject: RE: BS: Obama Admin and Financial Reform
Hey Mouse, liftoff.

Looky here at what Obama said before he was elected:

"I don't take a dime of their [lobbyist] money, and when I am president, they won't find a job in my White House."

Now be adivsed that Goldman Sachs donated $994,795 to Obama's 2008 presidential campaign.

Goldman Sachs

Goldman Sachs, one of Wall Street's most prestigious investment banks, was also among the many banks in 2008 and 2009 to receive billions of dollars in taxpayer money to help it stay afloat. Like others in the securities industry, Goldman Sachs advises and invests in nearly every industry affected by federal legislation. The firm closely monitors issues including economic policy, trade and nearly all legislation that governs the financial sector. It has been a major proponent of privatizing Social Security as well as legislation that would essentially deregulate the investment banking/securities industry. The firm tends to give most of its money to Democrats. A number of high-ranking government officials in recent years have spent part of their careers at Goldman Sachs.

Chris Dodd 2010 Campaign contributions:
Industry....................Total......Indivs......PACs
Securities & Investment..$1,568,048..$1,204,848..$363,200
Lawyers/Law Firms..........$873,976....$701,920..$172,056
Insurance..................$804,450....$311,650..$492,800
Real Estate................$618,331....$387,955..$230,376
Commercial Banks...........$373,650....$244,150..$129,500

More here