Wall Street Shocker: Goldman Sachs Destroyed Bear Stearns!

Quote from grendel:

Goldman managed to do what ENRON couldn't - place one of their honchos in government. The rest is history.

Almost didn't go that way either.

At the outset the Bushies were hostile to Wall Street. There are articles on it. Industrials/Corporate men got the positions - O'Neill Snow.

Seemed to change once Bolton got on as Chief of Staff. Some stuff I read suggested the concern was not so much us blowing ( :p ) up but the Chinese. Paulson's been there 80+ times.
 
Quote from grendel:

Goldman managed to do what ENRON couldn't - place one of their honchos in government. The rest is history.

I agree! And as stated earlier in this thread, GS has been able to spread their chronies across the board. Government, Financial Press, etc.,

Looks like GS has a put in place (are you surprised?), and can exerise at any time they feel fit.:mad:
 
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