Will Obama put Goldman Sachs in their place before the end of his presidency?

And by that I mean cleaning them out of his cabinet and key economic positions and replacing them with ethical, skilled economists who have the best interests of middle and working class Americans at heart, not breaking the country so they can make a killing short selling us.

Or breaking the company into a thousand pieces so they can't be the power behind the throne for both Republican and Democratic presidents.

Or prosecuting their top execs for criminal acts like lying to most of their investors about the impending housing/derivatives crash.

Leaving these parasites in his administration poisons my perceptions of other things Obama does. For example, if the final health care bill he signs looks anything like the House or the Senate Finance bill, any compromises will look like corruption as opposed to regrettable but unavoidable.

Will Obama do any of those things?

And frequently I am, but wasn't tim geithner a goldman sachs employee? If this is true, I don't have hope,none.

Pretty much everyone else holding any finance-related position in the administration came from GS, though. Except for the ones from Citibank.

See Geithner worked for Summers who worked for Rubin who worked for Goldman Sachs. It's kind of like how Obama is associated with the Weather Underground because of Bill Ayers.

a straight face.

He gets unimaginably richer while fucking up the world.

He could be the poster boy for what is wrong with America and the Obama administration.

Obama has taken almost every opportunity to aid the super-rich, and neglect the rest. As far as I can tell, he's just fond of rich folks.

circumstances changed.

I think it has become clear that he is faily comfortable with wall street ideologies. I think he just wants them to dribble a little more of their mammon down to the poor and be more benevelent about it.

bladder is full.

the idea that these activities and powers by the banks are theft.

you are taking orders from God and the nut cases fall at your feet.

like asking "will * put Halliburton in its place?" or "would * put Halliburton in its place if his VP had been a different person?"

If he seems to be having success with them in place, he will not replace them.

If things go the otherway, he may replace them. Or he may go down with them.

I strongly believe that it is fairly obvious he is smart enough do to what needs done. I think the matter at hand hinges on trust, respect, experience, and possibly fear.

If there are demonstrable, provable crimes committed by GS, then let them be prosecuted a la Enron, Global Crossing, and so forth. Unless and until that happens, they can't be "broken up" just because they're not popular.

Everything else, I'm in complete agreement.

How Goldman secretly bet on the U.S. housing crash (and didn't tell buyers)
http://www.google.com/url?sa=t&source=web&ct=res&cd=2&ved=0CAkQFjAB&url=http%3A%2F%2Fwww.mcclatchydc.com%2F227%2Fstory%2F77791.html&rct=j&q=mcclatchey+goldman+sachs+mortgage&ei=Ss8AS4PoFYyQsgPVyfmHCw&usg=AFQjCNEPyIq-Ak3B4rUrE6_gTgZfV9TpEw

That's kind of how markets work.

since it is easier to make a business fail than succeed, it stands to reason that hedging, shorting, and related practices will become more and more popular since they are the ''safer'' bet.

They are at the head of the table and the front of the line ahead of those who work or try to work for a living.