Monday, January 23, 2012

Mitt Romney Loves Goldman Sachs

Andy Kroll at Mother Jones writes:
 A review of his personal financial disclosure records shows that a chunk of Romney's wealth—he's worth an estimated $190 million to $250 million—comes from investments in an array of Wall Street banks and investment houses, none more so than Goldman Sachs. 
Romney and his wife, Ann, have investments in nearly three-dozen various Goldman funds together valued at between $17.7 million to $50.5 million, according to a financial disclosure form (PDF) filed in August 2011. Those investments appear in the blind trusts and individual retirement accounts belonging to the Romneys. Romney's been a loyal Goldman Sachs client. His 2007 disclosure, filed before his first presidential run, showed Goldman investments valued at between $18.2 million and $51.5 million. 
No other Republican presidential candidate comes to close to matching the size and breadth of Romney's investment portfolio. Nor do any of the other candidates' personal financial disclosures list any investments in Goldman-run funds.

 Via Mother Jones, here is a list of Romney's most recent Goldman Sachs investments:
GS Financial Square Federal Fund - FST Shares$5,000,001$25,000,000MittIRA
GS Private Client Portfolio$1,000,001$5,000,000MittBlind trust
GS Strategic Income Fund Class 1$1,000,001$5,000,000MittBlind trust
Goldman Sachs Small Cap Value Class 1$500,001$1,000,000MittBlind trust
GS Financial Square Federal Fund - FST Shares$1,000,000$1,000,000AnnBlind trust
The Goldman Sachs Group Inc. Linked to GP GSCI Agriculture, structured note$500,001$1,000,000AnnBlind trust
Goldman Sachs Trust GS Inflation Protected Securities Funds - INSTL SHS$1,000,000$1,000,000AnnBlind trust
The Goldman Sachs Group Inc. Linked to MSCI EAFE Structured Note$500,001$1,000,000AnnBlind trust
GS Local Emerging Mkts Debt FD Mutual Fund$500,001$1,000,000AnnBlind trust
GS Strategic Income Fund CL 1$500,001$1,000,000AnnBlind trust
The Goldman Sachs Group Inc Linked to DJIA Structured Note$500,001$1,000,000AnnBlind trust
The Goldman Sachs Group Inc Linked to DJIA Structured Note$500,001$1,000,000AnnBlind trust
GS 2002 Exchange Place Fund LP$1,000,000$1,000,000AnnBlind trust
GS Capital Partners Fund 2000 LP$500,001$1,000,000AnnBlind trust
Goldman Sachs Global Opportunities Fund LLC$1,000,000$1,000,000AnnBlind trust
Goldman Sachs Hedge Fund Partners LLC$1,000,000$1,000,000AnnBlind trust
Goldman Sachs Hedge Fund Partners II LLC$1,000,000$1,000,000AnnBlind trust
Goldman Sachs Trust GS Inflation Protected Securities Fund - INSTL SHS$250,001$500,000MittBlind trust
The Goldman Sachs Group Inc Linked to Russell 2000 Index Structured Note$250,001$500,000AnnBlind trust
Cash - GS Account$100,001$250,000AnnBlind trust
Cash - GS Account$50,001$100,000MittBlind trust
GS Emerging Markets Opportunities Fund LLC$50,001$100,000MittBlind trust
GS Capital Partners III LP$15,001$50,000AnnBlind trust
GS Financial Square Federal Fund - FST Shares$1,001$15,000AnnIRA
Goldman Sachs Core Fixed-Inc Mutual Fund$1,001$15,000AnnIRA
The Goldman Sachs Group CMN (Sold)$0$1,001MittBlind trust
Goldman Sachs Investment Grade Credit Fund - Inst (Sold)$0$1,001MittBlind trust
GS Global Equity Partners I, LLC (Sold)$0$1,001MittBlind trust
Cash - GS Account$0$1,001MittIRA
Goldman Sachs Ultra-Short Duration Government FD (Sold)$0$1,001MittIRA
Goldman Sachs Short Duration Government FD (Sold)$0$1,001MittIRA


Here's a list of Goldman investments in Romney's 2007 disclosure:
Goldman Sachs Financial Square (Sold)$0$1,001MittBlind trust
Goldman Sachs Institutional LI (Sold)$0$1,001MittBlind trust
Goldman Sachs Bank Deposit$500,000$1,000,000MittBlind trust
Goldman Sachs Emerging Equity Fund$1,000,001$5,000,000MittBlind trust
Goldman Sachs Group, Inc$1,000,001$5,000,000MittBlind trust
Goldman Sachs Struct Intl Equity Fund$1,000,001$5,000,000MittBlind trust
GS Global Equity Partners$1,000,001$5,000,000MittBlind trust
The Goldman Sachs Group Inc 0% 9/25/08 (Sold)$0$1,001MittBlind trust
The Goldman Sachs Group Inc 0% Due 12/11/2009 (Sold)$0$1,001MittBlind trust
The Goldman Sachs Group Inc 0% Due 3/25/10$250,001$500,000MittBlind trust
GS Emerging Markets Opportunities Fund, LLC$1,000,001$5,000,000MittBlind trust
Goldman Sachs Global Strategic Energy Fund, LLC$1,000,001$5,000,000MittBlind trust
Goldman Sachs GTAA Fund, LCC$1,000,001$5,000,000MittBlind trust
Goldman Sachs Financial Square Federal Fund$1,000,000$1,000,000AnnBlind trust
Goldman Sachs Intl Real Estate Secs Fund$1,000,000$1,000,000AnnBlind trust
GS 2002 Exchange Place Fund LP$1,000,000$1,000,000AnnBlind trust
GS Global Opportunities, LLC$1,000,000$1,000,000AnnBlind trust
GS Direct Strategies Fund LLC$1,000,000$1,000,000AnnBlind trust
GS Hedge Fund Partners II LLC$1,000,000$1,000,000AnnBlind trust
GS Hedge Fund Partners LLC$1,000,000$1,000,000AnnBlind trust
GS Quant and Active Direct Strategies Fund, LLC$1,000,000$1,000,000AnnBlind trust
GS Capital Partners Fund 2000, LP$1,000,000$1,000,000AnnBlind trust
GS Capital Partners III LP$100,101$250,000AnnBlind trust
Goldman Sachs Financial Square Federal Fund$1,000,001$5,000,000MittIRA
Goldman Sachs Emerging Markets Equity Fund$250,001$500,000MittIRA
GS Structured US Equity Institutional$100,101$250,000MittIRA
Goldman Sachs Japanese Equity Fund$0$1,001MittIRA
Goldman Sachs Financial Square Federal Fund$0$1,001AnnIRA
Goldman Sachs Core Fixed-Inc I Mutual Fund$1,001$15,000AnnIRA

4 comments:

  1. Good Gaud!!!

    Does anybody need a hint at this point? Does anybody think that Mitt is anything other than the establishment's choice? It is as obvious as a kick to the knees, at this point.

    ReplyDelete
  2. Listen. He has a lot of money. He's got to have it somewhere. I'm no Mitt supporter (in fact I'm doing everything to stop him) - but this is not evidence of anything in my opinion.

    The fact GSachs has given him $469K, Obama $350K and NO ONE ELSE much of anything is much more important. It shows they EXPECT to be protected by Romney in my opinion.

    The FULL documented Mitt Romney is at www.klsouth.wordpress.com

    ReplyDelete
  3. We need Ron Paul in the general election!

    Otherwise, it'll be a White Christmas for Goldman Sachs if both their boys are the two choices.

    ReplyDelete
  4. To add to the discussion:

    Ron Paul links globalism with Goldman Sachs / IMF
    http://www.youtube.com/watch?v=Ysk64ZEnv8g

    Mitt Romney's campaign contributors
    http://www.opensecrets.org/pres08/contrib.php?cid=N00000286

    ReplyDelete