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Jeanine Staab

on 26 April 2010

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Transcript of Chart

$2.4 BILLION Goldman Sachs SEC alleges that Goldman Sachs defrauded investors by sabotaging mortgage products. $1 BILLION Subprime Billionaires John Paulson Hedge Fund manager made $1 billion from Goldman Sachs scheme. Herb and Marion Sandler Featured in Time Magazine’s “25 People to Blame for the Financial Crisis” Millions in political donations $30 MILLION Controversial lobbying group, pushed for expanded subprime lending, now wants powerful Consumer Protection Agency. Funded by subprime billionaires. Pushing for CFPA Consumer Financial Protection Agency Pioneer of “Pick-A-Pay” mortgages. Almost destroyed Wachovia after adjustable-rate loans started imploding. Washington Politicians Lobbying for CFPA Eric Stein Treasury official in charge of Consumer Protection, former Senior VP of CRL
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