NEW YORK (CNNMoney.com) -- The chairman of the Federal Reserve Bank of New York resigned Thursday, days after coming under attack for his continuing involvement in a company regulated by the institution.
Stephen Friedman received a waiver to remain on the board of Goldman Sachs (GS, Fortune 500), the Wall Street firm that became a bank holding company amid September's financial frenzy, according to a report in the Wall Street Journal on Monday. He also holds a substantial amount of shares in the company and continued to buy more even after Goldman came under the Fed's supervision.
DAMN them all......who is looking out for the little guys?....I told you it doesn't matter what party, or who's in power....the rich get richer...the connected stay connected...WTF gave this idiot a "waiver"?
I'm telling you, THEY are stealing us blind, us the taxpayer has been lied to, cheated...and SOLD OUT to the banks, the same one who screwed us....still screwing us!
D
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