"People are rightly concerned that numerous former Goldman Sachs executives have taken plum positions in the upper echelons of the Trump administration, making a mockery of the president’s populist campaign rhetoric. But we all know that Goldman’s friendly merger with government spans both political parties over a period of decades. In fact, the latest outrage involving Goldman dates back to the Obama administration."
"Last April, as part of its “settlements for everybody” approach to the housing bubble-era financial crime wave, Obama’s Justice Department reached agreement with Goldman Sachs to end investigation into the fraudulent sale of mortgage-backed securities. The bank lied to investors about the quality of the loans that comprised these securities, earning billions off the deception."