For our consideration (the members here, and you, the readership) I'm doing a copy and paste of Mike Morgan's blog post of the same name over at his site www.goldmansachs666.com. It follows in bold:
Goldman Sachs Scandal in Most Stages of American History . . . but ignored today!
NOTE: Below is an excerpt from a Bill Moyers interview of William Black. Yes, Mr. Black is still alive and telling it like it is. I gotta think he must be wearing a Kevlar body suit by now. Read below after Mr. Moyers asked a question about AIG . . .
WILLIAM K. BLACK: What we're doing with -- no, Treasury and both administrations. The Bush administration and now the Obama administration kept secret from us what was being done with AIG. AIG was being used secretly to bail out favored banks like UBS and like Goldman Sachs. Secretary Paulson's firm, that he had come from being CEO. It got the largest amount of money. $12.9 billion. And they didn't want us to know that. And it was only Congressional pressure, and not Congressional pressure, by the way, on Geithner, but Congressional pressure on AIG.
Where Congress said, "We will not give you a single penny more unless we know who received the money." And, you know, when he was Treasury Secretary, Paulson created a recommendation group to tell Treasury what they ought to do with AIG. And he put Goldman Sachs on it.
BILL MOYERS: Even though Goldman Sachs had a big vested stake.
WILLIAM K. BLACK: Massive stake. And even though he had just been CEO of Goldman Sachs before becoming Treasury Secretary. Now, in most stages in American history, that would be a scandal of such proportions that he wouldn't be allowed in civilized society.
For the video and full transcript of this interview - Click Here
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