CODEPINK Protests Goldman Sachs

April 27th, 2010

WASHINGTON - APRIL 27:

CODEPINKers hold placards during a Senate Homeland and Secruity and Government Affairs Committee Permanent Subcommittee on Investigations hearing on Capitol Hill in Washington, DC, April 27, 2010. Goldman Sachs has denied reaping vast profits from the collapse of the US housing market as its top executive and a star trader faced hostile questions in Congress over the 2008 financial meltdown. McCain said today, "I don't know if Goldman has done anything illegal,” but “there's no doubt their behavior was unethical, and the American people will render a judgment.” How is this for judgment?

RELATED ARTICLES & VIDEOS:

Prison Garb for the Goldman Gang, AlterNet, April 28, 2010

The Guardian
It was a tough debut for the 31-year-old, who was greeted in Congress by a group of Code Pink demonstrators dressed in black and white prison stripes, bearing signs reading: "Stop looting America!" Yet Tourre was unflustered – in fact, he proved to be something of a smiler, wearing a faint smirk through opening exchanges in which senators made blustery statements of outrage over the excesses of Wall Street's wealthiest investment bank.

Goldman's tangled investment web -CNN
The top boss at Goldman Sachs, CEO Lloyd Blankfein, heads to Capitol Hill. sitting behind fabulous fab tourre. blankfein not here yet. ...code pink is.

ABC News
Code Pink demonstrators hold placards during a Senate Homeland and Secruity and Government Affairs Committee Permanent Subcommittee on Investigations hearing on Capitol Hill in Washington, DC, April 27, 2010. Goldman Sachs denied reaping vast profits from the collapse of the US housing market as its top executive and a star trader faced hostile questions in Congress over the 2008 financial meltdown.

Raw Story
Documents released at a Senate hearing into Goldman Sachs' role in the financial crisis show the firm strategizing on how to bet against its clients' investments. The hearing featured protesters in jail uniforms calling for the arrest of Goldman executives, and was punctuated by a profanity-laced exchange between a Goldman executive and Sen. Carl Levin (D-MI), who used the term "sh**ty deal" 11 times.

McClatchy News FRONTPAGE
Protesters disrupt a Senate hearing on the role of investment banks, including Goldman Sachs, during the financial crisis.

Business Week
“Blankfein's not doing God's work, he's doing the work of the devil,” one of the protestors said, referring to a comment Blankfein made in November while defending the banking industry.

Quote of the day:

Levin asked: Did you tell your clients that "this was a shitty deal?"
"Your top priority was to sell that shitty deal."
"Should Goldman be trying to sell a shitty deal?"
Levin later grilled Viniar about the e-mails or comments in which Goldman employees referred to specific deals as "crap" or "shitty" or "junk." What did he think about such disparaging comments — and how would clients feel about them? Levin asked.
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An oldie but goodie! CODEPINK disrupting Goldman Sacsh CEO last year