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And, yes, I DO take it personally: Goldman Sachs and its alumni - the people who own us
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Monday, November 19, 2007

Goldman Sachs and its alumni - the people who own us

despite the on-going train wreck in the world credit markets, goldman sachs continues to scoop up massive amounts of cash... just look at this...
[F]or Goldman’s chief executive, Lloyd C. Blankfein, this is turning out to be a very good year. He will surely earn more than the $54.3 million he made last year. If he gets a 20 percent raise — in line with the growth of Goldman’s compensation pool — he will take home at least $65 million. Some expect his pay, which is directly tied to the firm’s performance, to climb as high as $75 million.

[...]

Goldman’s stock has significantly outperformed its peers. At the end of last week it was up about 13 percent for the year, compared with a drop of almost 14 percent for the XBD, the broker-dealer index that includes the leading Wall Street banks. Merrill Lynch, Bear Stearns and Citigroup are down almost 40 percent this year.

besides blankfein, somebody whose name is unfamiliar to me, but who could still earn a possible SEVENTY FIVE MILLION FRIGGIN' GODDAM DOLLARS THIS YEAR, who the hell ARE the people this world-class money vacuum cleaner has spawned...? well, just look at THIS list...
Last week, John A. Thain, a former Goldman co-president, accepted the top position at Merrill Lynch, while a fellow Goldman alumnus, Duncan L. Niederauer, took Mr. Thain’s job running the New York Stock Exchange. Another fellow veteran trader, Daniel Och, took his $30 billion hedge fund public.

still unfamiliar names to me... but, wait... there's MORE...
Robert E. Rubin, a former Goldman head, is the new chairman of Citigroup. In Washington, another former chief, Henry M. Paulson Jr., is the Treasury secretary, having been recruited by Joshua B. Bolten, the White House chief of staff and yet another former Goldman executive.

The heads of the Canadian and Italian central banks are Goldman alumni. The World Bank president, Robert B. Zoellick, is another. Jon S. Corzine, once a co-chairman, is the governor of New Jersey. And in academia, Robert S. Kaplan, a former vice chairman, has just been picked as the interim head of Harvard University’s $35 billion endowment.

ah... NOW, we're gettin' down to it... are ya gettin' the picture here...? THESE, my friends, are the folks who OWN us, lock, stock, and barrel... they are also the ones who are calling the shots, these and their buddies at the council on foreign relations, the center for strategic and international studies, the center for a new american security, and, of course, let we forget, those at the carnegie endowment, the ford and guggenheim foundations that mettle helped us learn more about earlier today... keep 'em in mind, cuz what they say and do ends up being the way things will eventually come down...

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