Goldman Sachs

Trump Accused Goldman Sachs of Rigging Economy, Now It’s Running Economy

Donald Trump blasted Hillary Clinton and her Wall Street pals for “rigging” the economy against the American people during the election campaign But with his latest economic appointment Trump has effectively turned the economy over to Wall Street. In his latest move, Trump has tapped Goldman Sachs President and Chief Operating Officer Gary Cohn to head the National Economic Council, which advises the president on economic policy.... Read More...

With Donald Trump Tax Breaks, Corporate CEOs Plan to Line Their Own Pockets

Donald Trump is planning a massive corporate tax cut that he says will create new jobs and prompt companies to repatriate more than $1 trillion stashed overseas. But a new study predicts that CEO’s will choose to line their own pockets instead through massive stock buybacks. Corporations have been sitting on record amounts of cash for years and the pile is only going to get bigger. ... Read More...