Welcome login | signup
Language en es fr
We kick the ass of the ruling class

Goldman Sachs Is Occupied

Posted 1 year ago on Dec. 5, 2012, 11:29 a.m. EST by OccupyWallSt
Tags: sleepful protest, occupy goldman sachs, nyc, goldman sachs

Occupy Goldman Sachs

On October seventeenth (O17), a group of about 10 occupiers gathered outside 15 Central Park West, the address of Goldman Sachs CEO Lloyd Blankfein’s multi-million dollar condo. Occupy Goldman Sachs was born. In the model of sleepful protests, they set up camp across from the building’s main gate. They brought sleeping bags, signs, food, cameras...and have not left the area since.

It’s now been over 40 days, and they are going strong. They have bounced around the building, to keep the NYPD on their toes and avoid bad weather. Arrests have been minimal and outreach has been phenomenal. The support from the neighborhood has been extremely positive, people are constantly stopping by with words of support and encouragement.

They decided as a unit to hold the space through Hurricane Sandy, and immediately after, people from the site were out in the many areas affected by the storm doing relief work. The site now doubles as an Occupy Sandy info hub, providing information on how to volunteer and donate to the high levels of foot traffic. The main location is at the corner of 61st St. and Broadway, deliciously across from a Chase Bank.


View Larger Map

The case against Goldman Sachs is as simple as it is complex. The firm engages in practices we have not yet outlawed, but should. As Matt Taibbi wrote, “They [aren't] murderers or anything; they [have] merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye.” They place their former officials at the highest levels of financial power in positions around the globe, making it easier for them to sway politicians and influence policy. Just this week it was announced that a former investment banker from the firm will head the Bank of England. Mark Carney is the same man who, in 1998 led efforts to advise the Russian government on its economic recovery while his firm, Goldman Sachs, placed financial bets on the failure of the Russian economy

They lobby Congress to bail them out with taxpayer dollars, while having a major stake within the Federal Reserve. Currently, they are funding lobbying to slash and burn all social safety nets, all public resources, and all means in which we care for our communities.They sell complicated derivative products to their clients, products they often gamble against to always guarantee an upper hand. The Managing Directors and Partners of Goldman Sachs contribute millions to the major political parties, guaranteeing them an audience in the White House, no matter who wins. The CEO, Lloyd Blankfein, has become one of a few select spokespeople for the dominant corrupt corporate culture, and that was evident as he took the stand in 2010 in front of a Senate Subcommittee to defend himself from the grilling questions of multiple Senators. Despite the recommendation from Senators Carl Levin (D-MI) and Tom Coburn (R-OK) to the Department of Justice, for Goldman Sachs to be investigated and prosecuted for financial crimes, the firm remains unexamined and unregulated.

It is imperative for people to speak up and speak out against the pervasive corruption of our global economy at the hands of Goldman Sachs. We seek to expand the concept to cities where Goldman has tentacles/offices. We hope to see OGS London, OGS Boston, OGS Madrid and all the rest. We face a global epidemic of poverty, homelessness, and war, while Goldman Sachs lobbies to pocket $134 billion in resources from the countries in which they work.

Editors Note: If you want to spread occupation to another 1% address, the home of the Koch Brothers is just up the street at 740 Park Avenue.

Find Occupy Goldman Sachs Online:

FB: facebook.com/occupygoldmansachs
Ustream: ustream.tv/channel/occupyuniverse
Twitter: @LordBlankcheck

Support Occupy Goldman Sachs:

https://www.wepay.com/donations/occupy-goldman-sachs-now

24 Comments

24 Comments


Read the Rules
[-] 5 points by Ache4Change (3158) 1 year ago

Occupy Goldman Sachs because they have been Occupying Us For Long Enough! What a brilliant news-post! I love it! Never Give Up Occuping The Issues! Solidarity to all the fantastic people involved.

[-] 3 points by beautifulworld (21075) 1 year ago

Awesome. Thank you and solidarity with Occupy Goldman Sachs!!

[-] 3 points by shadz66 (19985) 1 year ago

"From Marx to Goldman Sachs : The Fictions of Fictitious Capital", by Dr. Michael Hudson :

This article is for grown-ups so rightwingnuts & trolls, please try not to embarrass yourselves with reactionary brain-farts ;-)

Thanx for this fantastic OWS News Item, which is one of The Best posts on this forum, ever - imo.

This is what we are waiting for !! Solidarity, love & best wishes @ all re. 'Occupy Goldman Sucks'.

radix omnium malorum est cupiditas ...

[-] 3 points by ivyquinn (167) 1 year ago

Good for them! It's time for these puppet masters to go! https://movetoamend.org/

[-] 3 points by kidcat24 (5) 1 year ago

And Blankfein is the greedy guy that thinks he's doing God's work.

[-] 3 points by therising (6643) 1 year ago

Goldman thinks its above the law and not accountable and we need to show them they're wrong.

[+] -9 points by AlanKurtz (-10) 1 year ago

It's hard to see how 10 occupiers loitering around the building that houses Lloyd Blankfein's condo (among many others) "shows them they're wrong." It's just another useless, self-indulgent Occupy feel-good stunt.

[-] 5 points by hchc (3297) from Tampa, FL 1 year ago

Just because only ten people are attempting to do something doesnt mean they should be discouraged by you.

[+] -4 points by numade123 (-5) 1 year ago

A bath would be nice for them the stench is killing the neighborhood not the protesting..

[-] 1 points by TrevorMnemonic (5827) 1 year ago

Wow how bored do you have to be to go to an internet forum just to insult people? You had to create an account and everything.

You should wash that mouth out.

[Removed]

[-] -1 points by numade123 (-5) 1 year ago

So true AlanKurtz and they actually smell too.. This country is ran by the rich and we should except this because we all need a job money is not for free..

[-] 1 points by pigeonlady (193) from Brooklyn, NY 1 year ago

Let us ask ourselves, WHY are they 'too big to fail'? Why are they so important, what are they really doing? And who for? Where is a real record of the interactions of the hierarchy of GS and the Fed? Why should we not know the true relationships and motives, especially when we are left holding the bag, and an empty one at that? Why are they turning middle class Americans into their slave class? And why are we supposed to take it? Let them live that way themselves and disburse the money for the good of all.

[-] 1 points by Nevada1 (4757) 1 year ago

Excellent.

[-] 1 points by therising (6643) 1 year ago

This country is so lucky to have people like those Occupiers to defend it.

[-] 1 points by toobighasfailed (117) 1 year ago

Fantastic. I wish I lived in NYC and could join them. The benefit of all this (occupying near the condo and this post) is that it keeps the attention on the vast injustices being committed by Goldman Sachs. Here's a look at their lobbying power:

http://www.switchyourbank.org/goldman_sachs_lobbying

And their insane political power:

http://switchyourbank.tumblr.com/post/32310737809/goldman-sachs-and-government-overlap-megabanks#notes

[-] 1 points by JEHR (1) 1 year ago

Great work, Occupy. To see more of the dark side of Goldman Sachs, see http://www.goldmansachs666.com/

[-] 1 points by Brynin (39) 1 year ago
[-] 1 points by Brynin (39) 1 year ago

well pass their time

[-] 1 points by OccupyHOR (1) 1 year ago

If you want to make a difference, please LIKE us on Facbook We are OCCUPY HOUSE OF REPRESENTATIVES http://www.facebook.com/OccupyHouseOfRepresentatives Remind our elected officials that they work for us, We The People.

[-] 1 points by leeku13 (1) 1 year ago

Uhhh.... The SEC has fined Goldman Sachs multiple times, regarding the sub-prime mortgage crisis and other financial schemes of questionable legality. Has it been enough to compensate the havoc they have wrought throughout the world? Not even close. They most definitely have been extensively investigated, and fined in multiple countries. Its just that $700 million isn't that much when you're Goldman Sachs, so they just go out and make more because they haven't had SUFFICIENT new regulations enforced upon them. The Dodd-Frank legislation most certainly passed, and while it was gutted in the House of Representatives, it undeniably has placed a few new regulations upon Goldman Sachs' actions. You can't say "the firm remains unexamined and unregulated" when the truth is much more complex than that. When incorrect blanket statements like these are made, it hurts the overall validity of the cause. Research, write, and educate, but don't exaggerate when the real truth can be used much more effectively than a hyperbole.

[-] 1 points by Kavatz (464) from Edmonton, AB 1 year ago

Can u believe AlanKunt has a problem with this?

[Removed]

[-] 0 points by TrevorMnemonic (5827) 1 year ago

his name is Henry Paulson

[-] 0 points by GenerationOfPeace (-15) 1 year ago

Ya! Stop government spending! Stop high taxes!!!

[Removed]