10.12.16

Riding the elevators on Wall Streets

Posted in Culture of Lickspittle, Decline and Fall, Shoeshine, The Corporate Bund at 11:51 am by George Smith

Lloyd Blankfein Joked “I’m Proud That The Financial Services Industry Has Been The One Unifying Theme That Binds Everybody Together In Common.” “So it’s important that people speak out and stand up against it, and especially people who are Republicans, who say, look, that’s not the party that I’m part of. I want to get back to having a two-party system that can have an adult conversation and a real debate about the future. MR. BLANKFEIN: Yeah, and one thing, I’m glad—I’m proud that the financial services industry has been the one unifying theme that binds everybody together in common. (Laughter.)” [Goldman Sachs Builders And Innovators Summit, 10/29/13]

Hillary Clinton Said She Would Like To “See More Successful Business People Run For Office” Because The Have A “Certain Level Of Freedom.” ““SECRETARY CLINTON: That’s a really interesting question. You know, I would like to see more successful business people run for office. I really would like to see that because I do think, you know, you don’t have to have 30 billion, but you have a certain level of freedom. And there’s that memorable phrase from a former member of the Senate: You can be maybe rented but never bought. And I think it’s important to have people with those experiences. And especially now, because many of you in this room are on the cutting edge of technology or health care or some other segment of the economy, so you are people who look over the horizon. And coming into public life and bringing that perspective as well as the success and the insulation that success gives you could really help in a lot of our political situations right now.” [Goldman Sachs Builders And Innovators Summit, 10/29/13]

Hillary Clinton Said There Was “A Bias Against People Who Have Led Successful And/Or Complicated Lives,” Citing The Need To Divese Of Assets, Positions, And Stocks. “SECRETARY CLINTON: Yeah. Well, you know what Bob Rubin said about that. He said, you know, when he came to Washington, he had a fortune. And when he left Washington, he had a small— MR. BLANKFEIN: That’s how you have a small fortune, is you go to Washington. SECRETARY CLINTON: You go to Washington. Right. But, you know, part of the problem with the political situation, too, is that there is such a bias against people who have led successful and/or complicated lives. You know, the divestment of assets, the stripping of all kinds of positions, the sale of stocks. It just becomes very onerous and unnecessary.” [Goldman Sachs Builders And Innovators Summit, 10/29/13

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