Goldman Sachs Can Suck It

from Working Families:

"It seems for some people, the economy isn't all that bad.

Goldman Sachs, which took in billions in federal bailouts, is back in the black. Last week they announced profits of $3.44 billion in the last quarter alone. Now they're planning to spend $11 billion in bonuses to celebrate - about $770,000 per Goldman employee.

It's enough to make the average taxpayer's head spin. Now there's another outrage: the Daily News reported yesterday that Goldman-Sachs could soon receive up to $321 million in city and state taxpayer dollars as part of an incentive program to keep their offices near Ground Zero. That's on top of $1.6 billion the investment firm has already received in publicly backed bonds and tax breaks for its shimmering new downtown headquarters.

Enough is enough. With the economy down and the city and state budget strained, now is no time for corporate welfare. I just joined the Working Families Party's campaign to stop the public giveaway by sending a personal to Goldman Sachs CEO Lloyd Blankfein. Will you join me in asking him to publicly pledge he won't take more public subsidies now that his company is back in the black?

If enough New Yorkers speak out, we can embarrass Blankfein into doing the right thing."

Thanks,

Franke