"Inside Job" Director Charles Ferguson: Wall Street Has Turned US Into a "Predatory Nation" Which Bank Is the Worst for America? 5 Behemoths That Hold Our Political System Hostage. October 19, 2011 | Like this article?
Join our email list: Stay up to date with the latest headlines via email. The economic crash led to the loss of 9 million jobs and the biggest drop in American home-ownership since the Great Depression. Long-term unemployment, poverty and hunger have increased dramatically. Washington Doesn't Seem To Find Anything Wrong With Crony Capitalism. On Nov. 29, 2011, Bloomberg Markets' Richard Teitelbaum published an article revealing a secret meeting on July 21, 2008, with then secretary of the treasury and former Goldman Sachs CEO Hank Paulson, and around a dozen hedge-fund managers and Wall Street executives.
Five of the hedge fund managers were former Goldman Sachs employees. The meeting was held at the offices of the founder of hedge fund Eton Park Capital Management, Eric Mindich, a former 15-year employee of Goldman Sachs who rose to be the senior strategy officer of Goldman's executive office. He is also current chair of the asset managers' committee of the President's Working Group on Capital Markets.