How Goldman Sachs rigs the game: new Spinwatch report http://www.spinwatch.org/-articles-by-category-mainmenu-8/48-lobbying/5425-how-goldman-sachs-rigs-the-game
A new report, titled Doing God’s Work: How Goldman Sachs Rigs the Game, has been published by Spinwatch. Revealing multiple links between the investment bank and the Conservative party, the report exposes how the extensive lobbying activities of Goldman Sachs, both in the UK and at the EU level, has allowed it to capture politicians and political processes to its own destructive advantage. Mechanisms exposed include political donations, direct lobbying of MEPs (for example the bank held 36 meetings with just four Tory MEPs), 'after office hours' meetings with EU officials and MEPs, and membership of lobbying groups. The report finds that, over the past ten years, Goldman Sachs has given the Conservative Party a total of £8.5million in political donations. A particular focus of Goldman Sachs has been to prevent regulation of the derivatives markets, whilst at the same time participating heavily in trading food futures.