Sunday, May 09, 2010

eMeg Whit-Goldman

from SF Gate:

""In 2001, Goldman put Whitman on its corporate board, paying her an estimated $475,000for little more than a year of part-time service. The company also gave her insider access to the initial public offerings of hot stocks worth millions, according to the records.

Whitman left the board in 2002 after she was singled out in a congressional probe of bond underwriters and "spinning" - a financial maneuver, now banned, in which Goldman and other firms allegedly traded access to hot IPOs for bond business. Whitman later settled a shareholder lawsuit related to profits she and other execs made from buying the IPOs.

In recent years, Whitman has kept part of her fortune, estimated by Forbes magazine to be $1.2 billion, in investment funds managed by Goldman, her financial disclosure report indicates. For her campaign, she's received $105,500 in donations from Goldman executives, state records show.""


more GoldMeg!HuffPo/Whitman

Miss Meg's not only tied to the Goldman-Sachs sugar daddies (the finance gang who brought us the mortgage crisis, with help from a few others), but also a Mormon (allegedly, cyber-snoops), and supporting Mitt Romneyoid for Der Fuhrer president in 2012. Just say...nyet.

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