Hail Caesar Paulson!

On March 30th 2006, now lame duck President Bush appointed with the advice and consent of the Senate Henry “Hank” Paulson to be the Treasury Secretary

see: http://money.cnn.com/2006/05/30/news/economy/snow_replacement/index.htm

In addition on December 3rd 2006 another Goldman Alumni William Dudley was appointed to head the Federal Reserve Bank of New York. For an article on same ” Goldman Alumni wield White House Clout.

see http://us.ft.com/ftgateway/superpage.ft?news_id=fto120320061956506824&page=1

The head of Goldman Lloyd Craig Blankfein is the “sole survivor” of private investment bankers arter the 2008 Tsunami of Wall Street.  Do you think it is coincidence that the Bush administrations domination of alumni of Goldman’s  assisted this firm.  Lets not forget Governor Corzine a democrat from N.Y. is an alumni of team Goldman, as such the inference to be drawn is that partly affiliation means nothing ” green” is the color that counts on Wall Street not ” red ” or ” blue”.  Why was Bear Stearns bailed out, Fannie Bailed Out, Lehman allowed to proceed to bankruptcy, Merrill gobbled up and now AIG bailed out. Well take a look at the board of directors over at AIG.

( seehttp://www.aigcorporate.com/corpsite/gov_directors.html

Can you believe who is in charge; Sullivan and Cromwell ( M&A Lawyers), Former Citi Bank executives, former SEC executives, Bill Cohen former Secretary of Defense ( Clinton) , Harvard economist Martin Feldstein, Merill executives, and the former head of the NASDAQ. Unbelievable with this ” blue ribbon” Board of experts how did AIG implode?  This star studded team blew up like the Hindenburg Disaster.

Here is an interesting link to Goldman Alumni and the power they yield.

http://www.independent.co.uk/news/business/analysis-and-features/how-goldman-sachs-took-over-the-world-873869.html

So, why should we trust team Goldman and their Alumni are they suddenly an altruistic  entity, I don’t think so. Why did they remain  while all their competitors  were destroyed, merged or saved by the government.

I’m not a big conspiracy guy, but the evidence here is overwhelming probable cause exists to robustly examine how this happend and how Golman Sachs will benefit and whose pockets were lined while pensioners were nearly  wiped out.

Hey, you know the best way to remember  this disaster is to recall  The Beatles George Harrison lyrics in Piggies.

Piggies

by George Harrison, The Beatles

Have you seen the little piggies
Crawling in the dirt
And for all the little piggies
Life is getting worse
Always having dirt to play around in.

Have you seen the bigger piggies
In their starched white shirts
You will find the bigger piggies
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in.

In their styes with all their backing
They don’t care what goes on around
In their eyes there’s something lacking
What they need’s a damn good whacking.

Everywhere there’s lots of piggies
Living piggy lives
You can see them out for dinner
With their piggy wives
Clutching forks and knives to eat their bacon.

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