http://action.seiu.org/page/s/goldmandc

Wall Street firms like Goldman Sachs and big banks like JPMorgan Chase are back to making record profits and paying out multi-billion dollar bonuses - even after taking billions in tax payer bailouts. Meanwhile, millions of working Americans are suffering from job losses, foreclosures, depleted pensions, and skyrocketing credit card rates & overdraft fees.

Enough is enough. Join hundreds of taxpayers on November 16th, when we demand that Goldman Sachs give its $23 billion in bonuses to foreclosure prevention programs and press Congress to implement rules that would protect Americans from big bank greed.

November 16, 2009

* WHAT: High Noon at Goldman Sachs. Taxpayers demand that Goldman stop using our money to pay their bonuses and lobby against us.
* WHO: Hundreds of workers, religious leaders, and taxpayers from around the country.
* WHERE: 12:00pm at Goldman Sachs DC office, 101 Constitution Ave NW, Washington, DC 20001.


http://www.politico.com/news/stories/1109/29492.html

Goldman Sachs CEO Lloyd Blankfein may have had his tongue in his cheek when he said his bankers were doing “God’s work,” but the company’s critics aren’t laughing.

In fact, a couple hundred of them — led by Service Unions International Union president Andy Stern — plan to gather outside of Goldman Sachs’ Washington offices Monday morning to protest the firm’s mega-bonuses, and demand the end of the "too big to fail" doctrine, according to a press release.

The event will be held outside 101 Constitution Ave. N.W., an office building that’s home to many of the most powerful lobbyists and corporations in town, including Goldman. It’s also where you can find POLITICO’s Capitol Hill bureau (in the basement).

Among their demands, the protesters will say that Goldman bankers should donate their reported $23 billion in bonuses to foreclosure prevention programs.

Public Citizen will release a new report during the event analyzing how much the various bailout recipient like Goldman are spending lobbying on financial reform, which the groups say is aimed at squashing real reform.

Goldman is one of the few large financial firms that early on chose not to lobby against the left’s favorite part of the financial reform package — the creation of a consumer financial protection agency. And most if not all of the major Wall Street players say they agree no firms should be too big to fail and support at least the principle behind Democrats’ proposals to end the "too big to fail" era.

But Goldman and other Wall Street firms are very opposed to a new idea gaining traction on the “to big” front — legislation that would empower the federal government to preemptively break up big, complex or interconnected firms even if they’re healthy. Goldman is a member of a coalition, Partnership of New York City, that will meet with the New York congressional delegation next week to urge their resistance to such measures.

Measures like Kanjorski’s would “inflict particular damage on New York, … [and] we hope every member of the delegation will make it their business to oppose them,” the group wrote in a Nov. 11 letter to the New York delegation, which was full of statistics showing the importance of the financial industry to News York — directly employing more than 680,000 people statewide and each one of those Wall Street jobs generating or maintaining an additional 3.3 jobs in other areas.

“There are plenty of ways to achieve reform and reduce risk and taxpayer exposure without destroying institutions that are the anchors of our global financial center,” the group wrote.

Views: 104

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by youhavetoforgiveme on November 16, 2009 at 11:12pm
I'm on the wrong side of the country for this one, but I'm a little more than interested in following the coverage on this :)

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post
yesterday
pohonemas33 team commented on tjdavis's photo
Thumbnail

DejaVu

"nice very goodjob, i wish you can visit official situs pohonemas33"
Saturday
Sandy posted a photo
Saturday
Doc Vega posted a blog post
Friday
Saint Quinn favorited Burbia's video
Friday
Doc Vega posted blog posts
Thursday
Burbia commented on tjdavis's blog post The Jewish Couple That Taught Bob Dylan Hebrew and Introduced Him to Zionism
"Haaretz put this story behind a pay wall. Sali Ariel and Terry Noble were the names of the couple…"
Wednesday
William Heckman is now a member of 12160 Social Network
Wednesday
cheeki kea commented on tjdavis's photo
Wednesday
cheeki kea commented on cheeki kea's video
Thumbnail

This Woman DESTROYED Harley-Davidson's Future Forever

"It's a sad day on the highway. But I guess the show must go on. Watch out for the ruination of…"
Wednesday
cheeki kea posted a video

This Woman DESTROYED Harley-Davidson's Future Forever

This Woman DESTROYED Harley-Davidson's Future ForeverWelcome to Ride Radar – Your Frontline Source for Motorcycle Deals, Trends & Market Mayhem.Looking for t...
Wednesday
tjdavis posted a photo
Wednesday
Burbia posted a status
"Who knew releasing the MLK files and literally deflecting, it ends up implicating himself with the Epstein Files."
Jul 21
Burbia posted a video

Dan Bilzerian DEMOLISHES MAGA Nutjob Patrick Bet-David on His Own Show

Watch as two powerhouse personalities collide in this no-holds-barred debate on one of the world’s most contentious issues. Patrick Bet-David, known for his ...
Jul 21
Doc Vega's 7 blog posts were featured
Jul 20
tjdavis's 2 blog posts were featured
Jul 20
Less Prone favorited tjdavis's blog post Track AIPAC
Jul 20
FREEDOMROX's blog post was featured

MRNA VACCINES: Question

Hello my fellow sojourners,I know it has been five years since the Plandemic, but one question has…See More
Jul 20
Less Prone favorited FREEDOMROX's blog post MRNA VACCINES: Question
Jul 20
cheeki kea commented on cheeki kea's photo
Jul 19

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted