Goldman Sachs Lobbyist Under Every Stone Turned In D.C.

Thursday, April 29, 2010, 6:43 PM | 1 Comment

Washington Post Online has an article entitled “Goldman Sachs adds to its ranks of lobbyists” published on April 29, 2010.

The Post has listed the names of those who will lobby for the company. The majority of the lobbyists are past public officials.

As we all know, Goldman is facing fraud charges filed by SEC. [What’s It With Goldman Sachs. It Makes Good Sensational News.]

The list is overwhelmingly “Who is Who” in the Washington D.C. political circuit. The Post says they are well-connected former Capitol Hill staffers and top public relations strategists to confront what is arguably the most traumatic moment in 140-year history of Goldman Sachs. It has built up a 12-person government affairs office in Washington to help the firm get its message to legislators and regulators.

The 12 characters [in the movie] are:

  1. Michael Paese, a former top aide on the House Financial Services Committee to Chairman Barney Frank (D-Mass.)
  2. Paese reports to Faryar Shirzad, a top adviser to President George W. Bush on economic affairs.
  3. Eric Edwards, a former staff director of a House Financial Services subcommittee
  4. Joyce Brayboy, a former chief of staff for Rep. Melvin Watt (D-N.C.)
  5. Joe Wall, aide to former vice president Dick Cheney on legislative matters
  6. Kenneth Connolly, formerly with the Senate’s environment and public works committee
  7. Michael Thompson, who worked for Sen. Mike Enzi (R-Wyo.)
  8. Richard Gephardt, the former Democratic House majority leader
  9. Stephen Elmendorf, former aide to Richard Gephardt
  10. Kenneth Duberstein, who served as Ronald Reagan’s chief of staff
  11. Harold Ford Sr., a former representative from Tennessee
  12. Richard Roberts, a former SEC commissioner who has also served as the top aide to Richard Shelby, the ranking Republican on the Senate banking committee.

The extra but with as much power

  • Gregory Craig, President Obama’s former White House counsel and now a partner in the Washington office of the law firm Skadden Arps, who will be working on litigation advice and related matters.

Now Sen. Blanche Lincoln (D-Ark.), chairman of the Senate Agricultural Committee seemed to get scared and shaken a little when she looked at the names on the lists.

Lincoln said this week that she will donate to charity the $7,500 she received from Goldman’s political action committee during the current election cycle. Rep. Mark Kirk (R-Ill.), who is running for Senate, also said he will return contributions from Goldman.

I have just one question

Does anybody understand what the f*** is wrong with our political system? I don’t think anybody has even tried to figure it out yet.

When you read the names on the list and think about what they are gonna do to the senators and congressmen, one thing comes to mind and that is “the lobbyists are gonna skin the Capitol Hill alive.” There is no way they can fight it out with these lobbyists. It is just not possible.

In a Nutshell

Over the years, Goldman Sachs has hosted training sessions at its New York headquarters for regulators and government officials, including managers at the Securities and Exchange Commission and those coming up the ranks in foreign regimes.

I don’t understand the training part. They have trained SEC officials?
But then again I don’t understand a lot of f***ing shit going on. I am just one of the taxpayers and I carry just one vote.

Who gives a damn what the American people say or do as long as the elected officials get themselves repeatedly elected?

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