it really began with henry goldman, but then, you know, after sidney weinberg basically every leader the firm was either interested in politics or came to washington. and part of the reason is because goldman has now, especially, very much an up and out mentality. once you have made your pile of cash at goldman sachs as a partner, you know, they sort of force you out. which is very interesting. other firms, you know, they're not set up like that. when i worked at lazard, for instance, felix wanted to be treasury secretary, steve ratner was the car czar. but, you know, there was this mentality that, yes, public service was important, but, you know, until we get sort of tapped on the shoulder for the right job, we don't want to leave all the millions we'd have to give up being at lazard. but at goldman they force people out. so you get your time in the sun, you mange your -- you make your pile, and then you get shown the door more or less. either you made it to a limited partner or, actually, relieved of your duties. so a lot of people who are quite young and energetic, you know, maybe

it was eerie how long goldman has had an influence in washington and where this all began with henry goldman, but then after sidney weinberg basically every leader of the firm was either interested in the politics or came to washington and part of the reason is because goldman has now especially very much up and out mentality. once you have made your pile of cash they sort of force you out which is interesting. other firms aren't set up like that. when i worked it was our fair people like steve ratner wanted to be treasury secretary. they never got there but felix ended up being investor to france and steve was the car is far, but there was this mentality that yes public service was an important, but until we get sort of attack on the shoulder for the right job we don't want to leave all the millions we have to give up being there. but at goldman, the force people out, since you get your time in the sun, you make your pile and then you get shown the door for less made into a limited partner or actually relieved of your duties and so a lot of people who are quite young and energetic maybe in

it began with henry goldman. after sidney weinberg, basically every leader of the firm was interested in politics or women to washington. part of the reason is because goldman has now, especially, very much up and out mentality. once you have made your pile of cash as goldman goldman sachs aa partner, they force you out. other firms are not set up like that. when i worked, for instance, felix and steve wanted to be treasury secretary. they never got there. felix ended up being ambassador to france and steve was the car czar. but there was the mentality that public service is important. until we get sort of tapped on the shoulder for the right job, we don't want to leave all of the millions that we have to give up being the czar. but goldman, they force people out. you get your time in the sun, you make your pile, then you get shown the door, more or less, made into limited partner, or actually, you know, relieved of your duties. so a lot of people who are quite young and energetic, you know, maybe in the late 40s

goldman sachs is former bank was up to their neck in. the news with the. various securitization assets and the tarp fund seven hundred billion dollars of taxpayer money was given to henry paulson carte blanche after the lehman bankruptcy so they have more or less destroyed the domestic u.s. economy the real estate debacle rolls on rolls on rolls on the unemployment grows in the u.s. there is no recovery there's not even a green shoots of recovery going on europe outside of germany in a few bright spots is is floundering in the after effects of this. financial bubble that goldman and company helped create were in there are loath or and the economic research is the one from germany today i think you're in for an r.t.s. appreciate it. colin threats are about to get a joint response to terrorism and drug trafficking of being tackled by president very different his pakistani counterpart to see feliz adare was in moscow on a four day visit the two men met in the kremlin acknowledging that both countries are suffering from international islamist terror networks and the drug flow from afghanistan economic ties also came up with moscow in islamabad agreeing to boost the energy