Thread: Goldman Sachs CEO tweets for the first time, slams Trump's Paris decision

Goldman Sachs CEO tweets for the first time, slams Trump's Paris decision

by Jackie Wattles
jackiewattles June 1, 2017: 6:45 PM ET

Goldman Sachs CEO Lloyd Blankfein sent his first-ever tweet on Thursday -- and he used it to criticize President Trump's decision to back out of the Paris climate pact.

"Today's decision is a setback for the environment and for the U.S.'s leadership position in the world. #ParisAgreement," he said.

The company confirmed to CNNMoney that it was Blankfein's first Twitter post.

This isn't the first time the powerful Wall Street exec has taken Trump on. Blankfein openly opposed the president's controversial travel ban, and he voiced support for Democratic candidate Hillary Clinton during the 2016 election.

Yet, the current administration has plenty of ties to Blankfein's bank. Gary Cohn left Goldman Sachs (GS) to become a White House economic adviser, and Treasury Secretary Steven Mnuchin worked for Goldman for 17 years.

Blankfein said in his annual letter to shareholders that Goldman "encourages our people to contribute to government service if they are fortunate enough to be asked."

Senator Elizabeth Warren went so far as to question whether the bank has drafted executive orders signed by POTUS, including one that rolled back some Wall Street oversight rules. Goldman has denied any involvement.

The decision to drop out of the climate accord has drawn ire form many bigwigs in the private sector. Tesla (TSLA) CEO Elon Musk is dropping out of two presidential advisory councils to protest the move.

Salesforce (CRM, Tech30) chief Marc Benioff and General Electric (GE) CEO Jeff Immelt both said they were "disappointed" in Trump's decision.

Companies including Google (GOOG), Apple (AAPL, Tech30), Nike (NKE), Gap (GPS), Adidas (ADDDF) -- and even oil companies like ExxonMobil (XOM) and Chevron (CVX) -- all urged Trump not to withdraw from the treaty.

http://money.cnn.com/2017/06/01/news...eet/index.html

LOL!! Lets see, he can't be stupid, you can't be stupid and CEO of Goldman-Sachs, so ..... this means he's a crook. No wonder he likes Crooked Hillary and voted for her!!

Hang on to your wallets, folks.

Yet, the current administration has plenty of ties to Blankfein's bank. Gary Cohn left Goldman Sachs (GS) to become a White House economic adviser, and Treasury Secretary Steven Mnuchin worked for Goldman for 17 years.

Yep, two more gators for the swamp.

Mnuchin is not a gator. Cohn, maybe, but he lost this one and he'll lose some more, he'll learn or go do something else. You seem to think that Trump is some little air-head that sits around waiting for people to tell him what to do, nope, there's a new Sheriff in town, he tells them what to do. Sure, he listens, he gets their different and varying viewpoints, but he calls his own shots and make his own decisions for his own reasons.

Donald Trump is probably one of the smartest wisest Presidents we've had in a very very long time, and that fact is killing the people who don't like him for ... whatever reason.

Trump Drains Yet Another Big Wall Street Gator Into His White House Swamp

December 12, 2016
Patrick Bourke US

SDonald Trump was many things to many people during the course of the recent election campaign. However, the one thing that most people can agree on is that his success rested, for the most part, on being different than the rest, an outsider if you will. The president-elect has doubled down on this anti-establishment rhetoric since his election victory claiming time and again that he would eradicate corruption in politics by draining out all the political insiders. The thing is, since his election he has done the exact opposite and this is articulated again with his most recent appointment. When it comes to Trump’s swamp, it appears that a wall street gator has more of a chance of being drained in than flushed out.

Which Wall Street Gator Will Trump Drain Into The White House Today?

The Wall Street gator in question on this occassion is Gary Cohn. The second in command at Goldman Sachs and the latest member of the Wall Street banking firm to be appointed to Trump’s White House team. Cohn, who is a twenty-five year veteran of the bank, has been tasked with heading up Trump’s National Economic Council (NEC) and will join Steve Mnuchinwho was recently appointed to the cabinet positon of Tresuary Secretary. Mnuchin is a former partner of Goldman Sachs who spent almost two decades at the bank ammassing a massive 46 million dollars in the process. Both Cohn and Mnuchin will join perhaps the greatest Goldman Sachs influence in Trump’s team; Steve Bannon. Bannon, a former merger and acquisitions banker with Goldman Sachs was named as Trump’s chief strategist following his vital role in Trump’s election success.

Like Mnuchin, Cohn is being heralded by Trump as someone whose business and banking acumen will play a pivotal role in his new administration. A declaration that if taken in isolation could be viewed as somewhat genuine. However, it would be negligent in the extreme to try and view Trump’s relationship with Wall Street and, in particular, Goldman Sachs with anything approaching isolation. He used Ted Cruz and Hillary Clinton’s association with the bank as a political weapon throughout both the republican primaries and the presidential election and even directly cited the bank in his eve of poll video. A vdeo that squarely attacked the relationship between Wall Street and Washington D.C.

http://reverbpress.com/news/us/trump...e-house-swamp/

So what's the problem? Stock market not high enough for you? Highest in history. GDP growth not high enough for you? It's growing at more than twice the rate it was prior to the election. This month it's churning at 3.8% almost 4 times what it was under Obama last year. These guys have jobs to do to improve the numbers. If Cohn gets into an ideological or political battle with Trump over policy, direction or action, Cohn will lose. Mnuchin is actually on board with all of Trump's policies.

As to Wall Street being the SWAMP .... Wall Street is not the SWAMP. Wall Street is with Trump, that's why the stock market is doing so well, breaking records across the board, the Dow, S&P and NASDAQ all. You want to know how Americans really feel? You check where they spend and invest their money. Wall Street traders cheered enormously the day after the election when the Dow announced Trump as the new President. Wall Street are Trumpers, not the SWAMP.