Goldman Sachs is starting to figure it out - we're not going away.
Today, on the heels of a massive mobilization in Chicago, hundreds of
taxpayers rallied outside Goldman's DC office to deliver a letter for
their CEO, Lloyd Blankfein. The letter asked that Goldman Sachs forgo
paying out its multi-billion dollar bonus pool and instead use that
money to help the millions of families facing foreclosure due to Wall
Street's risky behavior.
SEIU President Andy Stern spoke at the event, condemning what he
called the "Goldman Rule"; those who have the gold get to make the
rules. "Companies like Goldman Sachs seem to love their company more
than their country," he said. "And in the name of maximizing profits
and their huge bonuses, they will foreclose on our homes and take jobs
from our families while short selling America without a second thought.
The $23 billion dollars Goldman is planning to pay out in bonuses could
prevent every single expected foreclosure in America in 2010."