NY Pension Funds Goldman not delivering "gold" powerful piece by Susan Edelman of The New York Post

http://newyorkfocus.blogspot.com/2010/05/ny-pension-funds-goldman-not-delivering.html

The piece I wrote above is scathing.

I also posted this comment on The New York Post under Edelman's article.

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Suzannah B. Troy

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  05/02/2010 7:03 PM
  Susan Edelman! You rock. Just cutting edge reporting from New York Public Schools and the obscene rubber room to all that glitters is not necessarily Goldman Sachs and oh dear, here we are back at the NY Pension Funds! As anyone asked Mike Bloomberg for a sound byte on Steve Rattner and the fact Quadrangle disavowed him meaning the pension funds scandals fall completely on solely in Rattner's lap and the blame cannot be deflected on to Quadrangle. Looks like we need live tv cameras at City Hall including in the rooms where they are overseeing the pension funds! Great reporting!

Read more: http://www.nypost.com/p/news/local/ny_pensions_are_losing_on_sachs_S2Y7ONjxrV2zeGmCUPZSPI#comments#ixzz0mofEAuo6


Dear Readers -- It is best to go to the blogging link at the very top but just in case you are as tired as I am.

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  Goldman Sachs was revealed today in The New York Post for not delivering "gold" when it comes to handling the New York Pension Funds as reported in a scathing piece by one of the post's star reporters Susan Edelman.   I have to laugh because The New York Post tried to push the professional sex worker caught in the Elliot Spitzer scandal as their star columnist and it fell flat and as usual a true dynamo as far as I am concerned is this reporter, Edelman who brought us right inside the NY Public School Rubber Room where teachers were collecting obscene amounts of money and even larger pensions bleeding the tax payers dry for doing nothing.  Thanks to consistently strong reporting by Edelman and her fellow reporters, the Rubber Room is no more!
  
  I happen to catch our mayor Mike Bloomberg at a press conference that lucky for him I can't attend because I don't have a press pass saying something like this -- what will you report on now, now that the Rubber Room is closed?
  Well Susan Edelman found something of interest and that is all that glitters is not necessary "Goldman" as in Goldman Sachs.
  I can't sum up this well written piece so I am hyperlinking this article right here and to sum it up in one sentence more egg on the face of Goldman Sachs.
  Also please note for anyone following the Goldman Sachs media nightmare of their top dogs being grilled by senators one face you don't see is ex-top dog aka ex-CEO, Chair of GS Hank Paulson who like many GS alumni go on to top positions in politics.  Like Robert Rubin did for Clinton, Paulson became Secretary of Treasury for Bush.
  I hear many whispers or even a very powerful clearly spoken voice in a  YouTube by Debtruth1 who calls Hank Paulson to task on the YouTube I hyperlink to on the left.  The YouTube below Deb visits "Goldman past" and manages to give Paulson a very hard time!  YouTubes are brilliant.  She has an entire series on Goldman Sachs.  
  The title of her newest  YouTube:  
  Goldman Sachs: Deception and Disclosure
  I am sure the powers that be at Goldman Sachs headquarters are deep in discussion about how to counter all the bad
  press and the newest "bomb" dropped by Susan Edelman about Goldman Sachs's less than shining success on behalf
  of the NY pension fund has caught their attention!
  Note: Jon Corzine, also an ex-CEO chair of Goldman Sachs, like our royal mayor king Mike Bloobmerg spent an
  enormous or should I say obscene amount of money to attempt to win back his seat as governor and the people
  of New Jersey sent a powerful message.
  Unlike Bloomberg who just squeaked by winning or stealing a third term, 
  Jon Corzine lost.