Friday, August 19, 2011

Bank of America's Dead Drop to Rick Perry and Goldman Sachs VP Changes Name to Lobby From Inside.

Bank of America is cutting 3,500 jobs this quarter according to an internal memo, as the biggest U.S. bank grapples with its $1 trillion problem-loan portfolio and growing economic concerns. Upon wider review, at least 10,000 jobs are likely to be eliminated in total.

Meanwhile, from Zero Hedge:

Right after Texas Governor and Republican presidential candidate Rick Perry spoke at a Politics and Eggs breakfast in Bedford, New Hampshire, an unknown gentlemen approaches a casual Perry like an Ian Flemming character, and proceeds to dead drop the following: "Bank of America... We will help you out"... and silently moves on. At least we know now who is funding what, and whose interests potential future president Perry will be paid to defend.

Full event can be found here. Before someone pulls it, that is.

Then, come to find out that a former Goldman Sachs VP, named Peter Simonyi (who previously worked for the SEC) changed his name to Peter Haller to lobby Congress from the inside. He ended up working as a top staffer for Rep. Darrell Issa (R-CA) on the Oversight Committee, and went on to argue against regulations on Wall Street.


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