Goldman Sachs and the Shorebank Bailout: Exclusive Excerpt from Bought and Paid For.
Excerpted from Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street. Published by Sentinel. Copyright Charles Gasparino, 2010.
But despite his trials, [Lloyd] Blankfein had taken time out of his grueling schedule to help a firm that wasn’t a Goldman client, not even a prospective one. The firm was ShoreBank Corporation, a small community [...]
Goldman Sachs and the Shorebank Bailout: Exclusive Excerpt from Bought and Paid For.
Excerpted from Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street. Published by Sentinel. Copyright Charles Gasparino, 2010.
But despite his trials, [Lloyd] Blankfein had taken time out of his grueling schedule to help a firm that wasn’t a Goldman client, not even a prospective one. The firm was ShoreBank Corporation, a small community [...]
Shorebank Now Under Scrutiny by the Feds — Federal Bailout Also Unlikely
In the wake of recent reports that Shorebank’s financial status worsened in the second quarter, some interesting new developments have surfaced.
Yesterday afternoon, Fox Business News reported that Shorebank will now be the target of a federal investigation, to look into whether political pressure was exerted on Wall Street banks to give money to help the [...]
Bank Bailout Bill: Is This Why Andy Stern Left SEIU?
On April 30th, Progressives marched on Wall Street to vilify Wall Street banks and bankers. Who organized that march? It was a group called National People’s Action (NPA), and their anti-capitalist campaign is ominously titled Showdown In America.
You might be thinking “Crap. Not another Alinsky community organizing group and its damn acronym!” – but this [...]
Bailout Bob Corker: At it Again
It’s not often the two Republican Senators from Maine safeguard the country from excessive government with more vigilance than a Republican Senator from Tennessee. But on the issue of Financial Reform, Sen. Collins and Snowe have become champions for the taxpayers — holding the line against more bailouts and bureaucracy — while Sen. Bob Corker [...]