VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators

VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (Full Version)

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Brain -> VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 7:19:14 PM)
I am not surprised they are still taking bribes from Wall Street. VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators Earlier today, President Obama traveled to New York to tell the nation’s most influential bankers to call off their “battalions of financial industry lobbyists” and embrace a new regulatory structure meant to avert another economic crisis. But around the same time back in Washington, D.C., bank lobbyists hosted a fundraiser for Senate Republicans, including Sen. John Cornyn (R-TX), who has become the Republican liaison for Wall Street fundraising. http://thinkprogress.org/2010/04/22/another-gop-bankfundraiser/

Sanity -> RE: VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 7:27:30 PM)
Is Goldman Obama's Enron? No, it's worse (Updated) [image]http://media.washingtonexaminer.com/images/250157/96452606.jpg[/image] Financial professional work in the Goldman Sachs booth on the floor of the New York Stock Exchange in New York City. Campaign contributions from Goldman Sachs employees to President Obama are nearly seven times as much as President Bush received from Enron workers, according to numbers on OpenSecrets.org. President Bush's connections to Enron were well-hyped during the company's accounting debacle that rippled through the economy. Time magazine even had an article called, "Bush's Enron Problem." The Associated Press ran with the headline, "Bush-backing Enron makes big money off crisis." David Callaway wrote that Enron for Bush was worse than Whitewater for Clinton. In 2002, the New York Times wrote: "President Bush is seeking to play down his relationship with Enron's embattled chairman, Kenneth L. Lay. But their ties are broad and deep and go back many years, and the relationship has been beneficial to both." (h/t Lachlan Markey) But the mere $151,722.42 (inflation adjusted) in contributions from Enron-affiliated executives, employees, and PACs to Bush hardly add up to Obama's $1,007,370.85 (inflation adjusted) from Goldman-affiliated executives and employees. That's also not taking into account how much Goldman contributed to Obama cabinet member Hillary Clinton ($415,595.63 inflation adjusted), which was itself almost three times as much as Bush received as well. It would be fair to say that the total amount the Obama administration has received from those affiliated with Goldman Sachs is ten times* that of what Bush received from Enron. Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Is-Goldman-Obamas-Enron-No-its-worse-91613449.html#ixzz0lyrLVRxG

Sanity -> RE: VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 7:31:54 PM)
quote: Reid dodges questions on Goldman $$$ After criticizing Republican leaders yesterday for having a secret, closed-door meeting with Wall Street executives, Senate Majority Leader Harry Reid today faced his own questions about a fundraiser he attended this year hosted by the president of Goldman Sachs. Asked by reporters to confirm his attendance and how it played into the debate over financial regulatory reform, Reid didn't answer the question directly. Instead, he read from what appeared to be prepared remarks, touting his reform efforts. "I'm leading the effort to rein in Wall Street," he said at his weekly on-camera news conference. "I'm going to make sure that in this legislation I do everything within my ability to make sure that banks aren't too big to fail." Asked later by NBC News to confirm the fundraiser, Reid spokesman Jim Manley readily did so -- adding that everything was done in accordance with campaign finance rules. It raised $37,000, Manley said. Read the rest at http://firstread.msnbc.msn.com/archive/2010/04/20/2275442.aspx

Sanity -> RE: VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 8:02:47 PM)
quote: Goldman's White House connections raise eyebrows WASHINGTON — While Goldman Sachs' lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman's chief executive visited the White House at least four times. White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman's employees and their relatives. He also met twice with Obama's top economic adviser, Larry Summers.No evidence has surfaced to suggest that Blankfein or any other Goldman executive raised the SEC case with the president or his aides. SEC Chairwoman Mary Schapiro said in a statement Wednesday that the SEC doesn't coordinate enforcement actions with the White House or other political bodies. Meanwhile, however, Goldman is retaining former Obama White House counsel Gregory Craig as a member of its legal team. In addition, when he worked as an investment banker in Chicago a decade ago, White House Chief of Staff Rahm Emanuel advised one client who also retained Goldman as an adviser on the same $8.2 billion deal. More: http://www.mcclatchydc.com/2010/04/21/92637/goldmans-connections-to-white.html#ixzz0lz0SEutt

pahunkboy -> RE: VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 8:16:45 PM)
the bank reform is a scam.

Sanity -> RE: VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 8:20:31 PM)
It has that appearance.

pahunkboy -> RE: VIDEO: Bank Lobbyists Huddle For Another Secret Meeting With GOP Senators (4/23/2010 8:33:54 PM)
... the bill is to get rid of state banks. It also would tack on a transaction tax. So- ok- if you are paying bills online figure an extra 2.9% for this 'tax". the bill also makes the bail out permanent.

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