Category Archives: Wall St.
Hillary got $675,000 in speaking fees from Goldman Sachs. As any Clintonian would say, that’s old news. We expect it.
Ted Cruz failed to properly report a half million dollar loan from Goldman Sachs. The news here isn’t that he forgot to report the loan, it’s that the Wall Street bank lends him money. Not only that, his wife works there. At least she did until she took a recent leave of absence.
Goldman Sachs Values
But neither a borrower or a lender be when you’re trashing New York values.
Hillary didn’t appreciate Bernie Sanders’ comments about her millions and millions in contributions from Wall Street. Bernie thinks big shot investment bankers expect a return on their investment in Hillary.
Hillary took offense. She said Bernie had questioned her integrity. Who doesn’t?
Hillary immediately threw down the gender card, claiming most of her contributions come from women. Then she played the 9/11 card. She reminded us that she was a Senator from New York. And that New York had suffered an attack by Islamic, well, terrorists on 9/11. And that the attack happened near Wall Street. All that money was for Wall Street repairs.
The Fed has kept the stock market and, so it claims, the U.S. economy afloat with low interest rates. The Dow lost 1500 points in the past week. World economic growth is stuck in the mud.
And with interest rates near zero, the Fed is low on flotation devices.
If income inequality is your thing, cheer up. Jeff Bezos lost $2.6 billion on Monday. Bloomberg has the fat cat score card here.