Wednesday, July 2, 2008

Does Goldman Sachs Run The World? Part II: The Obama Infiltration

By far our most popular EPJ post, ever, has been our Does Goldman Sachs Run The World? post.

Here's an update on Goldman Sachs and their latest power move, the infiltration of the Barack Obama campaign.

The infiltration is led, of course, by Robert Rubin, former Co-Chairman of Goldman Sachs, and who is now advising Obama. There's is also some talk of him as Obama's VP.

Further, Obama has named Jason Furman, his top economic adviser. Furman, with Rubin, was an aide in the Clinton White House, and worked there directly under Rubin. He is also a close associate of Rubin through their work together on the Hamilton Project.

Which doesn't mean that current Goldman employees aren't paying attention to Obama. David Brooks of NYT reports that:

When you break it out by individual companies, you find that employees of Goldman Sachs gave more to Obama than workers of any other employer...Over the past few years, people from Goldman Sachs have assumed control over large parts of the federal government. Over the next few they might just take over the whole darn thing.

Opensecrets.org identifies Goldman Sachs as one of the most influential organizations in federal politics and reports that Goldman employees have donated $571,330 to Obama.



Labels: , , , ,