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| subject: | Obama |
The left will go mute on this topic.... ========================================== http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Is-Goldman -Obamas-Enron-No-its-worse-91613449.html Is Goldman Obama's Enron? No, it's worse By: J.P. Freire Associate Commentary Editor 04/20/10 1:41 PM EDT 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. 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. Goldman is being sued for civil fraud by the Securities and Exchange Commission for deliberately putting unwitting clients on the wrong side of a mortgage security trade that had been designed to fail. --- PCBoard (R) v15.3/M 10* Origin: (1:226/600) SEEN-BY: 10/1 11/200 331 14/400 34/999 120/228 123/500 128/2 187 140/1 226/0 SEEN-BY: 236/150 249/303 250/306 261/20 38 100 1381 1404 1406 1410 1418 SEEN-BY: 266/1413 280/1027 320/119 396/45 633/260 267 712/848 801/161 189 SEEN-BY: 2222/700 2320/100 5030/1256 @PATH: 226/600 123/500 261/38 633/260 267 |
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