Platinum Contributing Member Highmark Posted September 7, 2016 Platinum Contributing Member Share Posted September 7, 2016 Lets hear the response from all you anti-Wall Street big money people. Just another reason to vote for Trump. http://www.cnbc.com/2016/09/07/goldman-sachs-bans-top-employees-from-donating-to-trump-report.html Investment bank Goldman Sachs has banned its high-ranking employees from contributing money to certain campaigns including that of U.S. Republican presidential candidate Donald Trump, according to reports in Politico and Fortune. The online politics magazine reported Tuesday that the bank had expanded its political restrictions to partners of the firm. It cited an email that was sent out last week by the bank telling its employees about its rules on political activities. Politico reported Goldman sent an email saying that beginning September 1, partners would not be allowed to engage in political activities or make "contributions to candidates running for state and local offices, as well as sitting state and local officials running for federal office." The policy change is meant to prevent employees from violating pay-to-play rules and to minimize damage to the firm's reputation from any potential violations. Pay-to-play schemes involve campaign contributions or other payments made by investment advisers to state and local government officials in an attempt to influence the awarding of lucrative public contracts, according to the U.S. Securities and Exchange Commission. Goldman Sachs was not immediately available for comment when contacted by CNBC. The penalty for failing to comply with this rule can include fines and a temporary ban on the firm from conducting business with governmental clients, Politico reported. The email cited by Politico does not mention Trump's name but the business magazine Fortune said it had obtained a copy of the memo in which Goldman specifically mentions the Trump-Pence campaign as one partners cannot support any longer. Banned donations include those to any federal candidate who is also a current state or local official, Fortune reported. This would rule out the Trump/Pence ticket, it noted. Pence is the sitting Governor of Indiana. Fortune also noted that the rules ban donations to politicians running for state or local offices, as well as donations to state officials who are seeking federal office. Democratic presidential candidate Hillary Clinton currently doesn't hold office and vice presidential candidate Tim Kaine is a U.S. senator and wouldn't be subject to the rules. Quote Link to comment Share on other sites More sharing options...
racer254 Posted September 7, 2016 Share Posted September 7, 2016 16 minutes ago, Highmark said: Lets hear the response from all you anti-Wall Street big money people. Just another reason to vote for Trump. Crickets!!! Quote Link to comment Share on other sites More sharing options...
Rod Posted September 7, 2016 Share Posted September 7, 2016 This will help trump Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted September 7, 2016 Gold Member Share Posted September 7, 2016 13 minutes ago, Sludgey said: This will help trump I tend to agree. Quote Link to comment Share on other sites More sharing options...
02sled Posted September 7, 2016 Share Posted September 7, 2016 He already stated from the beginning I believe that he doesn't want or need anyone's donations indicating that he would owe nothing to anyone for financial support. Quote Link to comment Share on other sites More sharing options...
Anler Posted September 7, 2016 Share Posted September 7, 2016 Well if that doesnt tell you who is in charge of this country, nothing does... Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 7, 2016 Share Posted September 7, 2016 Something doesn't smell quite right on this article. I mean what percentage of partners are there at Goldman? 1%? 2%? Not much more I'm sure. And partners all need to agree through a board or proxy vote usually so......... And it's unlikely these partners would contribute directly but rather fund a super pac to do so. All about nothing...and unless you're an imbecile, you already know big banks and Wall street are sitting firmly in Hillary's pockets already. But, I agree, this will help pull more anti-Hillary votes in so I'm for it. Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted September 7, 2016 Share Posted September 7, 2016 Good rule Quote The policy change is meant to prevent employees from violating pay-to-play rules and to minimize damage to the firm's reputation from any potential violations. Pay-to-play schemes involve campaign contributions or other payments made by investment advisers to state and local government officials in an attempt to influence the awarding of lucrative public contracts, according to the U.S. Securities and Exchange Commission. Goldman Sachs was not immediately available for comment when contacted by CNBC. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 7, 2016 Share Posted September 7, 2016 4 minutes ago, Mileage Psycho said: Good rule Clinton Foundation. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 7, 2016 Author Platinum Contributing Member Share Posted September 7, 2016 Just now, Zambroski said: Clinton Foundation. Yep, she re-wrote the campaign contributions book allowing people to write off donations and still get favors for their money. What an honorable couple. 1 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 7, 2016 Share Posted September 7, 2016 4 minutes ago, Highmark said: Yep, she re-wrote the campaign contributions book allowing people to write off donations and still get favors for their money. What an honorable couple. Nothing to see there though.....what about that $25 measly K, dropped down in Florida. HOLY SHIT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 7, 2016 Platinum Contributing Member Share Posted September 7, 2016 2 hours ago, Zambroski said: Nothing to see there though.....what about that $25 measly K, dropped down in Florida. HOLY SHIT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Outrageous! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 19, 2016 Platinum Contributing Member Share Posted December 19, 2016 As a candidate, Donald Trump was quick to criticize Wall Street, but that’s where the president-elect found two key figures for his economic team. Former Goldman Sachs partner Steve Mnuchin will be nominated as Treasury secretary, and billionaire businessman Wilbur Ross was selected as Commerce secretary. Both have spent their careers as Wall Street investors. The economic grease behind Mr. Trump’s Carrier deal is conventional, with promises of tax cuts and contracts, but the timing and political benefits are not, reports CBS News correspondent Major Garrett. The deal gives the Trump transition an economic victory in the heartland, one that aides say is likely to eclipse all news and speculation about future Cabinet picks and scrutiny of not-so populist secretaries nominated so far. Vice President-elect Mike Pence and future White House Chief of Staff Reince Priebus met with Republican leaders on Capitol Hill Wednesday, vowing to cut business taxes, reduce federal regulation and re-write trade deals. Meanwhile, at Trump Tower, Mnuchin, a life-long Wall Street financier, previewed the next administration’s economic plans. “We’re going to have the most significant middle income tax cut since Reagan,” Mnuchin said. “The tax plan has both the corporate aspects to it, lowering corporate taxes so we make U.S. companies the most competitive in the world,” he also said. Mr. Trump’s choice of Mnuchin for Treasury and Ross for Commerce signals a turning away from candidate Trump’s attacks on Wall Street corruption. “When you cast that ballot, just picture a Wall Street board room, filled with the special interests who have been bleeding your country and your city and every place else,” Mr. Trump had said in a September rally in Novi, Michigan. https://60minutes.com/news/president-elect-donald-trump-cabinet-wall-street-close-ties-steve-mnuchin-wilbur-ross/ Quote Link to comment Share on other sites More sharing options...
Cold War Posted December 19, 2016 Share Posted December 19, 2016 2 minutes ago, SnowRider said: As a candidate, PRESIDENT Donald Trump was quick to criticize Wall Street, but that’s where the president-elect found two key figures for his economic team. ur-ross/ Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 19, 2016 Platinum Contributing Member Share Posted December 19, 2016 The hypocrisy of Wall Street and the forums Mouthbreathers Quote Link to comment Share on other sites More sharing options...
Cold War Posted December 19, 2016 Share Posted December 19, 2016 YUM, YUM..........................YUM!!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 19, 2016 Platinum Contributing Member Share Posted December 19, 2016 On 10/24/2016 at 8:42 PM, motonoggin said: https://wikileaks.org/podesta-emails/emailid/28052 On 10/24/2016 at 8:56 PM, xtralettucetomatoe580 said: Thank you sir. More evidence of her two faced nature. Disgusting. On 10/24/2016 at 6:57 PM, xtralettucetomatoe580 said: Link? Wikileaks reference email? Anything of substance there to prove that? On 10/24/2016 at 9:55 PM, Biggie Smails said: She has a private position and a public position on issues..... On 10/24/2016 at 9:52 PM, Kivalo said: I dont suppose you'd care to comment on what your beloved Hilary said to wall street? 2 hours ago, SnowRider said: As a candidate, Donald Trump was quick to criticize Wall Street, but that’s where the president-elect found two key figures for his economic team. Former Goldman Sachs partner Steve Mnuchin will be nominated as Treasury secretary, and billionaire businessman Wilbur Ross was selected as Commerce secretary. Both have spent their careers as Wall Street investors. The economic grease behind Mr. Trump’s Carrier deal is conventional, with promises of tax cuts and contracts, but the timing and political benefits are not, reports CBS News correspondent Major Garrett. The deal gives the Trump transition an economic victory in the heartland, one that aides say is likely to eclipse all news and speculation about future Cabinet picks and scrutiny of not-so populist secretaries nominated so far. Vice President-elect Mike Pence and future White House Chief of Staff Reince Priebus met with Republican leaders on Capitol Hill Wednesday, vowing to cut business taxes, reduce federal regulation and re-write trade deals. Meanwhile, at Trump Tower, Mnuchin, a life-long Wall Street financier, previewed the next administration’s economic plans. “We’re going to have the most significant middle income tax cut since Reagan,” Mnuchin said. “The tax plan has both the corporate aspects to it, lowering corporate taxes so we make U.S. companies the most competitive in the world,” he also said. Mr. Trump’s choice of Mnuchin for Treasury and Ross for Commerce signals a turning away from candidate Trump’s attacks on Wall Street corruption. “When you cast that ballot, just picture a Wall Street board room, filled with the special interests who have been bleeding your country and your city and every place else,” Mr. Trump had said in a September rally in Novi, Michigan. https://60minutes.com/news/president-elect-donald-trump-cabinet-wall-street-close-ties-steve-mnuchin-wilbur-ross/ Quote Link to comment Share on other sites More sharing options...
bussman Posted December 19, 2016 Share Posted December 19, 2016 (edited) Sells derp, and derp accessories Edited December 19, 2016 by bussman Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted December 19, 2016 Share Posted December 19, 2016 Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted December 19, 2016 Gold Member Share Posted December 19, 2016 22 minutes ago, SnowRider said: So...No, you don't care to comment on what Hilary said to Wall Street? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 19, 2016 Platinum Contributing Member Share Posted December 19, 2016 Just now, Kivalo said: So...No, you don't care to comment on what Hilary said to Wall Street? Hillary is old news......how about Dump's new Wall Street position I bet you're livid Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted December 19, 2016 Gold Member Share Posted December 19, 2016 Just now, SnowRider said: Hillary is old news......how about Dump's new Wall Street position I bet you're livid Nope, Trump is not my guy and never was my guy. I did not vote for him and do not support him. You on the other hand championed Hilary. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 19, 2016 Platinum Contributing Member Share Posted December 19, 2016 Just now, Kivalo said: Nope, Trump is not my guy and never was my guy. I did not vote for him and do not support him. You on the other hand championed Hilary. You're like the rest of the forum pussies....always criticize Hillary and rarely speak out against Dump....now he's the guy and you fucks wonder what happened. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted December 19, 2016 Share Posted December 19, 2016 30 minutes ago, SnowRider said: You're like the rest of the forum pussies....always criticize Hillary and rarely speak out against Dump....now he's the guy and you fucks wonder what happened. We'll wait until his 4 years are up and then we'll pass judgement. I don't wonder, I just realize how beautiful it was to see America come to it's senses and give that bitch you support a good kick to the curb, America took out the trash. Quote Link to comment Share on other sites More sharing options...
Momorider Posted December 19, 2016 Share Posted December 19, 2016 12 minutes ago, snoughnut said: We'll wait until his 4 years are up and then we'll pass judgement. I don't wonder, I just realize how beautiful it was to see America come to it's senses and give that bitch you support a good kick to the curb, America took out the trash. Quote Link to comment Share on other sites More sharing options...
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