Sunday, June 5, 2011

Beleaguered Bankster Beefs Up Political Influence By Adding Recently-Retired U.S. Senator Onto Payroll

The Huffington Post reports:

  • With Goldman Sachs' latest high-profile hire, the Wall Street giant is unlikely to shake its Government Sachs nickname or the reputation for exerting undue influence in Washington that it implies.(1)
  • Goldman announced Friday that it had named three-term Sen. Judd Gregg an international adviser to the bank. The New Hampshire Republican will "provide strategic advice to the firm and its clients, and assist in business development initiatives across our global franchise," Goldman said in a statement.

For more, see Judd Gregg Hired By Goldman Sachs As International Advisor.

Thanks to Mike Dillon at GetDShirtz.com for the heads-up on the story.

(1) See The Huffington Post: Government Sachs: Goldman's Close Ties To Washington Arouse Envy, Raise Questions:

  • [G]oldman has more than 30 ex-government officials working as registered lobbyists on staff, including former House Majority Leader Richard Gephardt (D-Mo.) to represent its interests on issues related to TARP, according to Mother Jones.

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