Goldman Sachs exec hired at SEC enforcement
October 16, 2009 12:55 PM Subscribe
Adam Storch, 29, vice president in Goldman Sachs' Business Intelligence Group, has been named the first chief operating officer of the Securities and Exchange Commission's enforcement unit.
Timeline courtesy of Glenn Greenwald:
April 2008 - Goldman pays top Obama economics adviser Larry Summers $135,000 for a one-day visit.
October 2008 - ABC News reports that Goldman bankers have been the country's top political campaign contributors for the year.
October 2008 - Former Goldman CEO turned Treasury Secretary Hank Pauslon names Goldman Vice President Neel Kashkari to oversee the $700 billion TARP bailout.
January 2009 - New Treasury Secretary Timothy Geithner hires former Goldman lobbyist Mark Patterson as his Chief of Staff.
March 2009 - AIG bailout engineered at meeting between Paulson, Geithner, and Goldman CEO Lloyd Blankfein.
March 2009 - Obama nominates Goldman executive Gary Gensler to head the Commodity Futures Trading Commission.
April 2009 - Goldman hires as its top lobbyist Michael Paese, the top aide to House Financial Services Committee chair Barney Frank.
September 2009 - In an interview on The Colbert Report, Michael Moore identifies Goldman as Obama's top private contributor. PolitiFact rates his statement as True.
July-September 2009 - Goldman nets $3.19 billion profit, breaking the 3-month record it set earlier in the year.
October 2009 - Reuters reports that, for the year, Goldman has set aside $16.7 billion for bonus payments - and is expected to pass $20 billion.
October 2009 - AP reports that Geithner's phone contacts with Blankfein outnumber those with Senate Banking Committee chair Chris Dodd.
Timeline courtesy of Glenn Greenwald:
April 2008 - Goldman pays top Obama economics adviser Larry Summers $135,000 for a one-day visit.
October 2008 - ABC News reports that Goldman bankers have been the country's top political campaign contributors for the year.
October 2008 - Former Goldman CEO turned Treasury Secretary Hank Pauslon names Goldman Vice President Neel Kashkari to oversee the $700 billion TARP bailout.
January 2009 - New Treasury Secretary Timothy Geithner hires former Goldman lobbyist Mark Patterson as his Chief of Staff.
March 2009 - AIG bailout engineered at meeting between Paulson, Geithner, and Goldman CEO Lloyd Blankfein.
March 2009 - Obama nominates Goldman executive Gary Gensler to head the Commodity Futures Trading Commission.
April 2009 - Goldman hires as its top lobbyist Michael Paese, the top aide to House Financial Services Committee chair Barney Frank.
September 2009 - In an interview on The Colbert Report, Michael Moore identifies Goldman as Obama's top private contributor. PolitiFact rates his statement as True.
July-September 2009 - Goldman nets $3.19 billion profit, breaking the 3-month record it set earlier in the year.
October 2009 - Reuters reports that, for the year, Goldman has set aside $16.7 billion for bonus payments - and is expected to pass $20 billion.
October 2009 - AP reports that Geithner's phone contacts with Blankfein outnumber those with Senate Banking Committee chair Chris Dodd.
This post was deleted for the following reason: this is not a good post for metafilter. It is getting into GYOB territory and the timeline is just copypasta. -- jessamyn
This is not a good post. It is merely the latest in a series of thin posts expounding on Glenn Greenwald's outrage absent any context.
posted by Inspector.Gadget at 1:00 PM on October 16, 2009 [1 favorite]
posted by Inspector.Gadget at 1:00 PM on October 16, 2009 [1 favorite]
Shhh, Allan: it's hard to beat a dead horse, what with your facts and analysis and whatnot getting in the way of Joe B's deadhorse whip. Also: OBAMA SUXORZ. NADER 4 LIFE-PREZIDENT!
posted by joe lisboa at 1:02 PM on October 16, 2009
posted by joe lisboa at 1:02 PM on October 16, 2009
For the record, I assume Joe B is a "good dude" for all morally relevant senses of "good" and "dude" - but yeah, this is getting old. GYOFB, whatnot, etc. OR: put somewhat differently, I read Huffington Post too. Don't need posts to the Blue echoing every little progressive bitchfest vis a vis why Obama won't just assume the unilateral executive power we used to decry on the other side.
posted by joe lisboa at 1:04 PM on October 16, 2009 [1 favorite]
posted by joe lisboa at 1:04 PM on October 16, 2009 [1 favorite]
Oh fuck, just before the holidays too. Now I'll hear this from my mom, "That nice young boy Adam Storch was in the paper, he's nearly you're age and he's COO of the SEC. See? And I thought you said those kind of jobs only go to middle management that doesn't get promoted? Well he's a little young to never be promoted, isn't he? I bet he has a nice young girlfriend, and one that doesn't change every night. I bet his mother is proud of him right now."
posted by geoff. at 1:05 PM on October 16, 2009 [3 favorites]
posted by geoff. at 1:05 PM on October 16, 2009 [3 favorites]
oh good I was hoping for the daily "our government sucks" post: Additionally, I'm sure this will provoke a "you just don't realize how important it is and so very vital to Metafilter it is" response 3...2..1
posted by edgeways at 1:08 PM on October 16, 2009
posted by edgeways at 1:08 PM on October 16, 2009
It takes a thief to catch a thief, right?
posted by evilmidnightbomberwhatbombsatmidnight at 1:15 PM on October 16, 2009
posted by evilmidnightbomberwhatbombsatmidnight at 1:15 PM on October 16, 2009
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This thread has been archived and is closed to new comments
Oh...
posted by Allan Gordon at 12:58 PM on October 16, 2009 [4 favorites]