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But the Goldman figures came just hours after data in the UK showed that youth unemployment had hit a record high of close to 1m, sparking fury from unions.
Obama's SEC hires Goldman Sachs asset manager to regulate asset managers (http://washingtonexaminer.com/blogs/beltway-confidential/2011/01/obamas-sec-hires-goldman-sachs-asset-manager-regulate-asset-manag - broken link)
The Securities and Exchange Commission today announced that Eileen Rominger has been named its Director of Investment Management.
,...
The Division of Investment Management protects investors and promotes capital formation through oversight and regulation of the nation’s multi-trillion dollar investment management industry. Ms. Rominger comes to the SEC from the asset management industry, where she worked for the past 11 years at Goldman Sachs Asset Management and most recently served as the firm’s global chief investment officer.
"2.Revolving Door Ban -- All Appointees Entering Government. I will not for a period of 2 years from the date of my appointment participate in any particular matter involving specific parties that is directly and substantially related to my former employer or former clients, including regulations and contracts.
The Securities and Exchange Commission today announced that Eileen Rominger has been named its Director of Investment Management.
,...
The Division of Investment Management protects investors and promotes capital formation through oversight and regulation of the nation’s multi-trillion dollar investment management industry. Ms. Rominger comes to the SEC from the asset management industry, where she worked for the past 11 years at Goldman Sachs Asset Management and most recently served as the firm’s global chief investment officer.
"2.Revolving Door Ban -- All Appointees Entering Government. I will not for a period of 2 years from the date of my appointment participate in any particular matter involving specific parties that is directly and substantially related to my former employer or former clients, including regulations and contracts.
Where does it stop?
Government Sachs is directly tied to the private money printing Fed banks, is in bed with our government, and is making it's employees wealthier. Got a problem with that? Isn't that American capitalism at it's finest?
Them that has - gets. Them that has lots gets lots more. No wonder we need a steeply progressive income tax with a 90th percentile deductable. Let these parasites pay their own way.
thats what I used to want to do. become an analyst for goldman or one of the top investment banks. too much work though. they work like 80-90 hrs a week.
It took a lot of work to bring the world to it's knees,they deserve the money.
You aint neva lied!
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