Lot’s of controversy today about @HillaryClinton & @GoldmanSachs. Teach For America (TFA) and Goldman Sachs have had a longstanding and very fruitful relationship. @TeachForAmerica has been allied with Goldman Sachs in several ways. Who is Goldman Sachs? From Wikipedia:
The Goldman Sachs Group, Inc. is an American multinationalinvestment banking firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients….Goldman Sachs was [was in the middle] of the 2008 economic crisis, because of its involvement in subprime mortgages, and was subsequently rescued as part of a massive U.S. government bailout.
Goldman Sachs has done LOTS of bad stuff.
On October 28, 2008, the US Treasury paid Goldman Sachs $10 billion in exchange for Goldman Sachs shares as one of the six large banks initially given funding from TARP intended to unfreeze credit markets
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