The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
April 20, 2010

Goldman Hires Ex-Obama White House Counsel
------------------------------------------



In other financial news, Politico is reporting Goldman Sachs has
retained President Obama’s former White House counsel, Gregory Craig,
for legal representation. Craig resigned from the Obama administration
late last year. The news comes days after the Securities and Exchange
Commission filed a civil suit accusing Goldman of securities fraud for
selling a mortgage investment that was established to fail. The
investment consisted of pools of risky mortgages that had been packaged
together. The New York Times reports top Goldman executives, including
chair and CEO Lloyd Craig Blankfein, were actively involved in
overseeing the company’s mortgage unit.



.