21 Nov 2011

Goldman Sachs v. Occupy Wall Street

Democracy Now! talks to investigative reporter Greg Palast about a controversy in the banking community around the Occupy Wall Street movement. Palast investigates the story behind Goldman Sachs' recent decision to pull out of a fundraiser for the Lower East Side People's Federal Credit Union in New York City after it learned the event was honouring the protesters at Occupy Wall Street. The investment bank withdrew its name from the fundraiser and also cancelled a $5,000 pledge. Was the $5,000 a Goldman Sachs donation or actually American taxpayer bail-out money Goldman set aside for community banks?

A Greg Palast Investigation on Democracy Now