Former Goldman Sachs Banker/WSJ Revving Up Smear Campaign Against Elizabeth Warren

[Hissyspit]

http://www.alternet.org/story/150291/former_goldman_sachs_banker_revving_up_smear_campaign_against_elizabeth_warren?akid=6688.24869.jCCDS0&rd=1&t=8

Former Goldman Sachs Banker Revving Up Smear Campaign Against Elizabeth Warren

Is a former Goldman banker using the Wall Street Journal to defame the consumer watchdog?
March 18, 2011 |

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The author, Mary Kissel, worked for Goldman between 1999 and 2002 as a fixed income research and capital markets specialist. Kissel is listed on the Journal's website as a member of the editorial staff and her bio includes her time at Goldman Sachs and notes that she worked for the company in both New York and London.

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"There has definitely been an uptick in attacks on her and on the agency over the past few weeks, it's hard to imagine it hasn't been well-coordinated by somebody," said a source close to Warren. "The smear campaign by The Wall Street Journal's editorial board this week includes the most unfactual and outrageous hit pieces on her yet. If it's true that the author of the editorials and Goldman Sachs coordinated on them, they should both be exposed and called to account."

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In a recent interview, Rep. Randy Neugebauer (R-Texas) acknowledged that the House GOP's efforts to curtail funding for the CFPB were essentially an effort to prevent the agency from conducting consumer protection regulation.

On Wednesday, the Journal accused Warren and the CFPB of "extorting billions of dollars from private mortgage servicers" in the agency's role as an advisor in negotiations to settle allegations of widespread fraud in the foreclosure process. The editorial also argues that "Ms. Warren is already using the Consumer Financial Protection Bureau to tell banks how and to whom to lend money."

The foreclosure process is in disarray, and even Republican state Attorneys General say that banks have broken the law with improper foreclosures...

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[Tripod]

1. k&r

[rosesaylavee]

2. Anyone having ANY doubts about Goldman Sachs complicity

in the 2008 economic collapse need to watch 'Inside Job'. Saw it last night and really trying not to seethe still. And if we find out that this 'former employee' is still on the payroll to do this bit of dirty work, well, certainly she will not be prosecuted as apparently no one in govt is willing to go after these bastards.

http://www.insidejob.com/

[Hotler]

3. k&r n/t