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Tag Archives: Goldman Sachs

Frank Chapparo — Lloyd Blankfein says he’s still studying bitcoin, people were also ‘skeptical when paper money displaced gold’

Goldman has yet to speak. The billionaire banker tweeted on Tuesday that he wasn't completely sure about his stance on the red-hot cryptocurrency.Blankfein said he's "still thinking about bitcoin" and that he was not flat out endorsing or denouncing the digital currency.... Business InsiderLloyd Blankfein says he's still studying bitcoin, people were also 'skeptical when paper money displaced gold' Frank Chapparo

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Pam and Russ Martens — Wall Street Banks Sued Again for Conspiring to Control a Market

As summer draws to a close and the Wall Street titans enjoy the last of their lazy long weekends in the Hamptons, summering next door to the army of lawyers that keep them out of jail, it’s a curious time to be reading about a major new lawsuit that has the potential to shake Wall Streeters right down to their Gucci loafers. The charges include conspiracy to restrain trade in violation of the Sherman Act and unjust enrichment in a $1.7 trillion market. Since the Senate hearings of the...

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Follow the Money

That's what Deep Throat said to Bob Woodward in All the President's Men. Good advice. I'm certainly not a specialist on campaign contributions, but Hillary Clinton said regarding Wall Street that "They’re not giving me very much money now, I can tell you that much" after the exchange with Anderson Cooper (video available here), and I decided to check it out. This website provides some comparative data on Hillary and Bernie's donors [I'm assuming the data is accurate and the info I provide...

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Bob Pollin on Clintonomics

At The Nation. Few important points. As Bob notes Hillary does invoke the mantle of Clintonomics. In his words: "In trying to burnish her credentials as a can-do populist and to portray Bernie Sanders as a purveyor of naive socialist fantasies, Hillary Clinton has increasingly invoked Bill Clinton’s presidency as her economic policy lodestar."  And Bill Clinton's program was not really progressive. Again: "The starting point for understanding Bill Clinton’s economic program is to recognize...

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