None Dare Call It Conspiracy ... 
Well, it certainly IS a criminal enterprise. That's for sure!
The House That Goldman Sachs Built
The U.S. Treasury Department is the central headquarters of Wall Street, and Timmy Geithner is its demigod. The coup of the Treasury Department, which promotes itself as the “steward of U.S. economic and financial systems,” means an economy and financial system run by and for the Wall Street oligarchy, with Goldman Sachs spearheading the ruling class.
Timothy Geithner’s aides/advisors/kingpins are reaping huge salaries from Goldman Sachs and other Wall Street megalomania brokers at the same time that they influence policy that affects the entire economy and financial system ...
The justification for this cozy arrangement never wavers — we need these “top people” (brilliant people that cannot be found anywhere else) who have knowledge of the markets and financial system. Lynn Turner, a former chief accountant at the SEC, asks, “You just wonder, who is representing middle Americans?” No one, Miss Turner. The socialist-corporate oligarchy has become institutionalized within the American System, and all Main Street can do is elect presidents who further enrich the evil institution and call it “security” (Bush) or “change” (Obama). And the Federal Reserve overlords call it a path to “prosperity” for the middle class.
Oh, it's good to be a banker ... Now just how much money did these guys make off of the American taxpayers back?
Wall Street On Track To Award Record Pay
Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year -- a record high that shows compensation is rebounding despite regulatory scrutiny of Wall Street's pay culture.
Treasury's Sperling and private sterling
Some of the Treasury Secretary's top financial advisers, helping the government oversee the $700-billion rescue of the nation's financial markets, know something about the risky businesses that the Obama administration has targeted for reform on his watch.
Gene Sperling, one of Treasury Secretary Timothy Geithner's senior advisers, collected $887,000 last year from Goldman Sachs and $158,000 for speeches delivered mostly to financial companies, including the one run by accused Ponzi scheme mastermind R. Allen Stanford, Bloomberg News reports. Another, Lee Sachs, reported more than $3 million in salary and partnership income from Mariner Investment Group, a New York hedge fund.
Obama’s Treasury money men: “Counselor” is the new czar
If you read Chapter 6 of Culture of Corruption, you know all about President Obama’s Wall Street money men — who look an awful like President Bush’s bailout-happy money men from the world of Government Sachs and CITI ... “Counselor” is the new czar ...
Geithner Aides Reaped Millions Working for Banks, Hedge Funds
Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.
The advisers include Gene Sperling, who last year took in $887,727 from Goldman Sachs and $158,000 for speeches mostly to financial companies, including the firm run by accused Ponzi scheme mastermind R. Allen Stanford. Another top aide, Lee Sachs, reported more than $3 million in salary and partnership income from Mariner Investment Group, a New York hedge fund.
As part of Geithner’s kitchen cabinet, Sperling and Sachs wield influence behind the scenes at the Treasury Department, where they help oversee the $700 billion banking rescue and craft executive pay rules and the revamp of financial regulations. Yet they haven’t faced the public scrutiny given to Senate-confirmed appointees, nor are they compelled to testify in Congress to defend or explain the Treasury’s policies.
Sperling and Sachs are each paid $162,900 at the Treasury. Along with four others, they hold the title of counselor to Geithner. Sachs, 46, withdrew earlier this year from consideration to be the Treasury’s top domestic finance official, a job that would have required Senate confirmation.
Geithner’s predecessor, Henry Paulson, brought on a coterie of non-confirmed advisers from Goldman Sachs at the end of his term. Paulson, who had been the firm’s chief executive officer, defended the arrangement as necessary to quickly bring in top talent when the financial system was on the verge of collapse.
Along with Sperling and Sachs, Geithner’s inner circle also includes counselor Lewis Alexander, the former chief economist at Citigroup; Chief of Staff Mark Patterson, who was a lobbyist at Goldman Sachs, and Matthew Kabaker, a deputy assistant secretary who worked at private equity firm Blackstone Group LP. Patterson’s and Kabaker’s jobs did not require confirmation.
One counselor who doesn’t have a finance background is Jake Siewert, a press secretary for President Bill Clinton who came to the Treasury after working as a vice president at New York- based Alcoa Inc., the largest U.S. aluminum producer.
Alexander, who left Citigroup in March to join the Treasury, was paid $2.4 million in 2008 and the first few months of 2009, according to his financial-disclosure form. He advises Geithner on economic trends and does research on financial markets.
Kabaker, who works on domestic finance policy and helped craft the Treasury plan to spur banks to sell their toxic assets, earned $5.8 million working on private equity deals at Blackstone in 2008 and 2009 before joining the Treasury at the end of January ... On his disclosure, Sachs estimated that he would receive $3.4 million in income from Mariner ... Sachs said he was also owed a 2008 bonus where the value was “not ascertainable.”
Sachs’s former firm also had agreed to repurchase his shares in Mariner Partners Inc., an investment fund. Sachs estimated his income from the fund at $1 million to $5 million.
In Sperling’s primary job, he was paid $116,653 by the Council on Foreign Relations for work related to education in developing countries ... Sperling spoke at a Washington event hosted by the Houston- based Stanford Group Co. in November 2008, three months before its chairman was sued by the Securities and Exchange Commission for allegedly bilking investors of $7 billion. He also spoke at a Washington event in October 2007 that was sponsored by Citigroup, which has received $45 billion in government assistance.
Goldman Sachs paid Sperling the $887,727 for advice on its charitable giving. That made the bank his highest-paying employer. Even Geithner’s chief of staff Patterson, who was a full-time lobbyist at the firm, did not make as much as Sperling did on a part-time basis. Patterson reported earning $637,492 from Goldman Sachs last year.
BofA Email: Shareholders Will Get Screwed
May's response to Giffords "Unfortunately it'll screw the shareholders!!"?
"No trail," he said -- apparently suggesting it might not be a good idea to say such a thing over email.
Gifford then said he was talking "in the context of a horrible economy!!!" to which May replied, "Good comeback."
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