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Foundation Watch

In Goldman Sachs We Trust

How the Left's Favorite Bank Influences Public Policy

By Fred Lucas | Oct 2008

In recent years the powerhouse bank Goldman Sachs has supplied Treasury secretaries to both Republican and Democratic administrations. A Goldman veteran serves as President Bush’s chief of staff, while one runs the New York Stock Exchange and another lives in the New Jersey governor’s mansion. Its politics skew left, and as the company’s competitors on Wall Street go belly up, Goldman, a friend of Big Government, remains profitable and its influence grows.

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