by Aaron Kesel, Activist Post:
Everybody can plainly see that Trump’s campaign promises to drain the swamp of Goldman Sachs is absolute malarkey. If you can’t, you may be stuck in the denial phase of promises of change that Obama supporters years ago believed was coming to no avail.
Not only has the current POTUS breached his promises, what we have – arguably – is a White House cabinet stuffed to the cream filling oozing with Goldman Sachs personnel.
The thing is, Goldman Sachs is guilty of ripping off America, and still has criminal conspiracies obstructing justice on a grand scale, as my series on Wall Street frauds is pointing out (here – here – here).
Back in November 2016, Politico pointed out that Steve Mnuchin, Steve Bannon (now resigned), Anthony Scaramucci and Gary Cohn are all Goldman Sachs alumni.
In March 2017, the Congressional news website – The Hill– pointed out Trump had nominated two other Goldman Sachs alum, James Donovan, and Dina Powell.
Also transpiring in March 2017 was a nomination that eToys whistleblower Laser Haas sued to block; which is haunting our nation.
Though you may have heard about Trump nominating Jay Clayton to be top Commissioner of the SEC, what you didn’t hear about is the fact that the Washington, D.C. Clerk of Court illegally blocked eToys whistleblower Laser Haas’s lawsuit seeking a TRO (here) to block Jay Clayton, due to his being directly linked to 3 criminal co-conspirators.
It is well known that Jay Clayton was a partner at Sullivan & Cromwell law firm, which represents Goldman Sachs in New York; and that Mr. Clayton’s wife (Gretchen) is a partner at Goldman Sachs Mergers & Acquisition division.
A lesser-known fact, as pointed out by the New York Times, is the detail that Jay Clayton was investedin Bain Capital.
Here’s the friction of all these Goldman Sachs facts. As reported by this reporter, in the Wall Street fraud ongoing series, back in 1997 Mitt Romney, Bain Capital and Thomas Lee Partners were aided by Goldman Sachs, to get involved with “The Learning Company.”
As I reported, another Goldman Sachs law firm (MNAT) worked the Delaware merger of The Learning Company with Mattel, which ultimately resulted in a catastrophic loss of $4 billion dollars for Mattel investors.
There appears to have been no investigation or prosecution of the public company cooked books fraud; and that seems to be the result of another Wall Street revolving door with the federal systems of justice (DOJ.)
Recently, this reporter did a lengthy report on the dynamics of Delaware federal prosecutor Colm F. Connolly.
Connolly, as reported, clerked for 3rd Circuit Judge Walter K. Stapleton (who just so happens to have been a partner of MNAT).
Colm then became an Assistant United States Attorney in 1992 – and he remained there until 1999 – where Connolly switched sides to become a partner of MNAT.
Also, in 1999, Goldman Sachs took eToys public, and there appears to be a conflict of interest issue where eToys.com stock price went above $75; but Goldman Sachs split all the money above $20 per share – with handpicks (see NYT March 2013 article “Rigging the I.P.O. Game”).
Whilst Colm Connolly was a partner of the MNAT law firm, MNAT conspired to rip off court-approved clients of Laser Haas CLI entity and eToys.
Furtively, MNAT was harming Laser and eToys for the benefit of MNAT’s secret clients/partners of Mattel, Goldman Sachs, Bain Capital, Paul Traub, Barry Gold, Michael Glazer and Colm Connolly.
Laser was the 2001 court-appointed fiduciary of eToys, who stopped MNAT & Paul Traub’s schemes to sell eToys billion dollar public company for $5.4 million to Bain Capital/KB (with Michael Glazer as CEO of KB).
When Laser ‘s efforts forced the eToys case bids up, into the tens of millions of dollars, the bad faith parties offered Laser a million dollar bribe to shut up and stop whistleblowing, and a chance to become a roaming manager for Bain Capital.
The bribe was turned down By Laser and reported to the Delaware Department of Justice in mid-2001.
Apparently, Goldman Sachs always has the ability to get its associated parties “planted” into key government positions, hich as this series has demonstrated time and time again is a little more than just a coincidence.
Upon Laser turning down and reporting the bribe, Colm Connolly was then returned to the Delaware Department of Justice; this time as top dog, to be The United States Attorney in Delaware (where Colm presided over KB, Fingerhut, MNAT, Paul Traub, Goldman Sachs, Bain Capital, Learning/Mattel and eToys billions of dollars in fraud cases).
It wasn’t until 2007 that Laser learned the fact Colm Connolly was a partner of MNAT, which is germane due to the fact that Colm Connolly, via his Assistant U.S. Attorney, Ellen Slights, continued to refuse to investigate MNAT and its partners/clients.
On December 7, 2007, Laser reported (here) the facts of Colm Connolly’s bad faith to the Los Angeles United States Attorney office, where the Public Corruption Task Force was housed.
Instead of addressing Colm Connolly’s betrayal of the public’s trust, GW Bush’s flying buddy, Tom O’Brien, walked into his weekly staff meeting, berating federal prosecutors, as he shut down the Public Corruption special unit.
Making matters extensively heinous and more egregious, O’Brien had the unmitigated gall to threaten career federal prosecutors to keep their mouths shut – or else (see L.A. Times March 2008 article “Shake-up tools federal prosecutors”).
In other words, Goldman Sachs, even before Donald Trump handed Sachs the keys to the kingdom, was able to obstruct justice in almost every way conceivable.
Now that Goldman Sachs has gotten away with obstructing justice for the better part of 20 years, including retaliating against whistleblower Laser Haas, whilst benefiting from racketeering partnership with Bain Capital, Goldman Sachs sees an even bigger chance with Mitt Romney running for Senate (that everybody knows means a run in 2020) and a renomination of Colm Connolly for the federal bench.
On top of all that, Jay Clayton feels so secure in his Goldman Sachs obstruction of justice position that Clayton is now proposing a new paradigm of blocking investors from suing Wall Street (see NewsmaxJanuary 2018 article “Trump’s SEC mulls big gift” to Wall Street).
Meanwhile, Clayton seeks to play “cryptocurrency cop” wanting to enforce SEC regulations on everyday American investors in a volatile market that is redistributing wealth to normal citizens through financial technology as the recent cryptocurrency hearing on Congress displayed – an obvious contradiction of Clayton’s oath of office. In one case he wants to enforce the law; in the other, he wants to deregulate existing laws enabling fraud for his buddies on Wall St.
Why are you, Mr. Clayton, changing laws to benefit a few; and seeking to deprive investors of their legal right to redress grievances? Why have you yet to appoint an independent investigator into the eToys cases? As for you Mr. President Trump, it is clear that you are going out of the way to assure Goldman Sachs and its partner Bain Capital continue to get away with their Wall Street frauds. Don’t you have enough issues with obstruction of justice already?
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