Mitt Loves N.Y.: Henry Cornell

cornell.jpeg
With Mitt Romney as its de facto go-to candidate, the roster of Restore Our Future, Romney's designated Super PAC slush fund, reads like a laundry list of New York City's wealthiest denizens. And, according to the Center for Responsive Politics and contrary to popular belief, Super PAC's are receiving a huge majority of their donations from these single individuals rather then enormous corporations.

So, here at the Voice, we're going to tell you a little bit about our neighbors, one donor at a time:

In regards to cash flow, times are looking tough for the Obama campaign. The subject lines of the Obama campaign's e-mails are starting to look more desperate than the plot line of a Jon Cusack movie from the Eighties. "I will be outspent," read the last one. Yes, Mr. President, you are... by millions

In the month of June, Romney raised $105 million, surpassing his challenger by nearly $40 million. The sheer numbers paint an election cycle that will be the most expensive one to date in American history. And, it also illustrates the weight in which the Citizens United decision has shifted in Mitt's favor: Priorities USA, the Democratic version of Restore Our Future, has pulled a little over $14 million - a measly number in the absurd world of politics in the year 2012, compared to the nearly $63 million slush fund Restore has scrounged together. 

With this 'Mitt Loves N.Y.' series, we've shown you the reader some of the faces behind these numbers. And we'll continue to steamroll them out because, as these figures have shown, it's the least we can do. Next up: Goldman Sachs golden child, Henry Cornell.
More »

Matt Taibbi: Vampire Squid Metaphor 'Clearly Getting a Little Old'

vampire-squid.jpg
In 2009, Rolling Stone writer Matt Taibbi applied the most apt metaphor for Goldman Sachs that anyone has yet come up with, calling the bank "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." The phrase took off and even two years later was the inspiration for Occupy Wall Street's "squidding" protests yesterday, which resulted in 17 arrests.

DealBook reached Taibbi by phone today, and even he is sick of the squid metaphor.

More »

Video of Credentialed Photog Barred by NYPD From Getting Shots of OWS Arrests This Morning [Update]

The video above is from Occupy Wall Street's Goldman Sachs protest at the World Financial Center this morning, where 17 people were arrested. Watch starting at around the 2:00 mark. The photographer, who's been identified as New York Times freelancer Robert Stolarik, is blocked repeatedly from getting photos of arrests happening in the atrium by cops, even though he has a press badge.

More »

Occupy Princeton Protesters Disrupt Goldman Sachs, J.P. Morgan Recruiting Events

Occupy Princeton -- which, yes, it exists -- mic-checked a J.P. Morgan recruiting event on Wednesday and a Goldman Sachs event, above, on Thursday. This is similar to what happened at Harvard recently, though we haven't found a bizarrely pro-Goldman editorial in The Daily Princetonian yet.

More »

Goldman Sachs Will Not Buy Their (Political) Love!

lloydblankfeinvv.jpg
Goldman Sachs has said they will not spend their money on political advertising, showing what the New York Times calls "an unexpected sign of restraint" following a Supreme Court ruling (Citizens United v. Federal Election Commission) stating that on the basis of free speech, corporations can give unlimited amounts to electing (or defeating!) candidates for federal office.

More »

Warren Buffett Backs Goldman Sachs, Eviscerates Peanut Brittle Bag

Thumbnail image for buffett0_2_1628428f.jpg
Here he is, eating something else.
Third richest person in the world Warren Buffett spoke in support of Goldman Sachs at a press conference on Sunday, saying that the bank didn't do anything to warrant the public fury that has ensued, and also that things are getting better, ya'll!

More »

Warren Buffett, Really Rich Man, Defends Goldman Sachs, Really Rich Men

warren_buffet.jpg
If one man could be considered the most important single person to the success of the U.S. economy, there is an argument to be made for mega-billionaire Warren Buffet. (This post is not that argument.) But Buffet chose Saturday to lead the counter-backlash, coming out in favor of the embattled Goldman Sachs Co., who have seen their stock plummet since the SEC announced an investigation two weeks ago.

At a meeting of wealthy white men -- Berkshire Hathaway Inc.'s annual shareholders conference -- Buffet, a man practically made of cash and one of the world's top investors, voiced his support for Goldman and its evil, white male overlords.

More »

Going On about Money Now Acceptable in Mixed Company

edubb2132.jpg
Remember the old days, like before the recession, when talking about money was considered "gauche" and frowned upon at cocktail parties and sophisticated events? Well, now, thanks to so many people losing their jobs and the Real Housewives franchise being such a hit -- not to mention Goldman doing that very bad thing they might have done -- it's totally cool to talk about how much cash is in your wallet. All the time. To anyone who will listen. (It's $35, and I have no idea how it got there.)

More »

Kill the Lawyers? Firm At Heart of Goldman Case Is Already Dead.

Click for Blankfein spiel

Yeah, kill all the lawyers, but good luck eviscerating McKee Nelson, the law firm that vetted the sneaky scheme by Goldman Sachs to sell America short. It's long gone.

It won't be missed — except to answer questions. Some of the 901 pages of documents in the SEC's case against CEO Lloyd Blankfein's Goldman crew strongly hint that Goldman's outside counsel may have been directly involved in Goldman's lack of disclosure about how shitty this CDO was.

What did McKee Nelson know about Goldman's side-bet chicanery? Who knows? Should we expect someone to hang? As we keep pointing out (and now Bill Clinton agrees), Goldman probably didn't break any laws, except in God's eyes, and what's She going to do about it?

More »

Carl Levin: 'Should Goldman Sachs Be Trying to Sell the Shitty Deal?!'

Try as he might, Senator Carl Levin can't get a straight answer out of Goldman Sachs during today's hearing of the Senate's Investigations Committee about how Goldman and its CEO, Lloyd Blankfein, bet against America.

At least not so far (tune in live here).

As the clip above proves, Levin is even speaking their language — it's "shitty deal" this and "shitty deal" that.

More »

Now Trending

From the Vault

 

Links

Loading...