Ex-European Commission head Barroso under fire over Goldman Sachs job

The below map is out of date but it gives one a sense of the breadth of Goldman’s reach. It has expanded since this map was created. For instance Mark Carney the Governor of the Bank of England is a Goldman alum.

One of the most interesting things about Mr. Barroso taking this job is how annoyed the pro-Europe people are with him. Goldman was anti-Brexit, so Barosso coming on board to help negotiate Brexit for Goldman is sand in the wounds of Brussels and Co.

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Greek debt crisis: Goldman Sachs could be sued for helping hide debts when it joined euro

As we’ve noted before, Greece was “subprimed” into the European Union. Athens didn’t really have the economy to be included in a wider “United States of Europe.” But with a little creative financial shuffling Greece got in. Much of the creative shuffling was done by Goldman Sachs.

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Goldman Sachs says, Don’t reduce regulation – we want “smart” regulation. (Yeah right)

Why would Goldman Sachs be for more regulation? It’s not like Goldman Sachs is full of the shrewdest crony capitalists in the world or anything. It’s not like Goldman Sachs has worked its way into every nook and cranny of government. It’s not like they have their alumni carefully placed in nearly all of the world’s central banks. It’s not like Goldman helped write the Dodd-Frank regulations. It’s not like Goldman benefits from a giant subsidy given to them by virtue of its “too big to fail”

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