Goldman Sachs Revolving Door
For example, former Treasury Secretary Henry Paulson is a former Goldman CEO; Arthur Levitt, the head of the Securities and Exchange Commission is a now a Goldman adviser; and former House Majority Leader Dick Gephardt is now a paid lobbyist for the firm.
Our alphabetical list:
Government: President George W. Bush's Chief of Staff from 2006-2009; Director of Office of Management and Budget from 2003-2006; White House Deputy Chief of Staff from January 20, 2001 - June 2003.
Goldman: Executive Director of Legal Affairs for Goldman based in London aka the bank's chief lobbyist to the EU from 1994-1999.
Kenneth D. Brody
Government: President and Chairman of the Export-Import Bank of the United States (1993-1996).
Goldman: Former general partner and member of the Management Committee at Goldman Sachs where he worked from 1971-1991.
Government: Former California State Treasurer
Goldman: Senior Advisor responsible for Public Finance, Western Region.
Government: Governor of the Bank of Canada since 2008.
Goldman: Mr. Carney had a thirteen-year career with Goldman Sachs in its London, Tokyo, New York, and Toronto offices. His progressively senior positions included Co-Head of Sovereign Risk; Executive Director, Emerging Debt Capital Markets; and Managing Director, Investment Banking. He stated at Goldman in 1995.
Government: Former Gephardt aide and one-time floor director for Steny Hoyer (D-MD.), the No. 2 House Democrat.
Goldman: Works for [Steve] Elmendorf Strategies, which lobbies for Goldman.
Government: Staff Director of the Senate Environment & Public Works Committee 2001-2006.
Goldman: Vice President at Goldman from June 2008 - present.
E. Gerald Corrigan
Government: President of the New York Fed from 1985 to 1993.
Goldman: Joined Goldman Sachs in 1994 and currently is a partner and managing director; he was also appointed chairman of GS Bank USA, the firm's holding company, in September 2008.
Government: Governor of New Jersey from 2006-2010; U.S. Senator from 2001-2006 where he served on the Banking and Budget Committees.
Goldman: Former Goldman CEO. Worked at Goldman from 1975-1998.
Government: Former chairman of the BBC from 2001 -2004.
Goldman: Chief Economist at Goldman where he worked from 1986-2001.
Government: Chief executive of the London Operating Committee of the Olympic Games (LOCOG).
Goldman: Former COO of Goldman where he worked for 22 years beginning in 1983.
Government: Head [Governor] of the Bank of Italy since January 2006.
Goldman: Vice chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee from 2002-2005.
Government: President Federal Reserve Bank of New York City (2009-present)
Goldman: Partner and Managing Director. Worked at Goldman from 1986-2007.
Government: Senior Advisor to then-House minority Leader Richard Gephardt.
Goldman: Now runs his own lobbying firm, where Goldman is one of his clients.
Government: Deputy Director, National Economic Council, Obama Administration since January 2009.
Goldman: Financial Analyst at Goldman Sachs from 1987-1989.
Edward C. Forst
Government: Advisor to Treasury Secretary, Henry Paulson in 2008.
Goldman: Former Global Head of the Investment Management Division at Goldman where he worked from 1994-2008.
Randall M. Fort
Government: Assistant Secretary of State for Intelligence and Research from November 2006-Jan 2009.
Goldman: Director of Global Security 1996-2006.
Henry H. Fowler
Government: Secretary of the Treasury from 1965-1968.
Goldman: After leaving the Treasury Department, Fowler joined Goldman Sachs in New York City as a partner.
Government: Chairman of the President's Foreign Intelligence Advisory Board and of the Intelligence Oversight Board; Chairman Federal Reserve Bank of New York from 2008- 2009; former director of Bush's National Economic Council. Economic Advisor to President Bush from 2002-2004.
Goldman: Former Co-Chairman at Goldman Sachs and still a member of their board. Joined Goldman in 1966
Government: Chairman of the U.S. Commodity Futures Trading Commission since 2009; Undersecretary to the Treasury from 1999 to 2001; Assistant Secretary to the Treasury from 1997-1999.
Goldman: Former Co-head of Finance for Goldman Sachs worldwide. Worked at Goldman from 1979-1997.
Lord Brian Griffiths
Government: Head of the Prime Minister's Policy Unit from 1985 to 1990.
Goldman: International Advisor since 1991.
Government: Congressman from Connecticut (on Committee on Financial Services) since 2009. Goldman: Began working at Goldman in 1990 and was eventually promoted to Vice President.
Robert D. Hormats
Government: Under Secretary of State for Economic, Energy and Agricultural Affairs-designate since July 2009; Assistant Secretary of State for Economic and Business affairs from 1981 to 1982.
Goldman: Vice Chairman of Goldman Sachs International and Managing Director of Goldman Sachs & Co. He worked at Goldman Sachs from 1982-2009.
Government: Ex-tax policy adviser to Iowa Senator Chuck Grassley.
Goldman: Now lobbies for Goldman.
Reuben Jeffery III
Government: Under Secretary of State for Economic, Business, and Agricultural Affairs from 2007-2009; Chairman of the Commodity Futures Trading Commission from 2005-2007.
Goldman: Former Managing Partner of Goldman Sachs Paris Office. Worked at Goldman Sachs from 1983-2001.
Government: Former Treasury Advisor.
Goldman: Former Goldman Executive.
Government: Selected to serve on Obama's Vice Presidential section committee but stepped down.
Goldman: Board of Director of Goldman Sachs since May 1999.
Government: U.S. Representative (1977 to 2005);
Goldman: President and CEO, Gephardt Government Affairs (since 2007). Hired by Goldman to represent its interests on issues related to TARP.
Government: Interim head, Treasury's Office of Financial Stability from October 2008-May 2009; Assistant Secretary for International Economics (confirmed in summer 2008) Special assistant to Treasury Secretary Henry Paulson from 2006-2008.
Goldman: Vice President at Goldman Sachs from 2002-2006.
Lori E Laudien
Government: Former counsel for the Senate Finance Committee in 1996-1997.
Goldman: Lobbyist for Goldman since 2005.
Government: Chairman, SEC 1993-200;
Goldman: Advisor to Goldman Sachs (June 2009- present).
Government: U.S. Ambassador to Germany since 2009.
Goldman: Former Senior Director of Goldman Sachs where he worked from 1983-2006.
Government: Top Staffer to House Financial Services Committee Chairman Barney Frank. Goldman: Director of Government Affairs/Lobbyist (2009)
Government: Treasury Department Chief of Staff since February 2009.
Goldman: Lobbyist for Goldman Sachs from 2003-2008.
Henry "Hank" Paulson
Government: Secretary of the Treasury from March 2006 to January 2009; White House Domestic Council, serving as Staff Assistant to the President from 1972 to 1973; Staff Assistant to the Assistant Secretary of Defense at the Pentagon from 1970 to 1972.
Goldman: Former Goldman Sachs CEO. Worked at Goldman from 1974-2006.
Government: Two time prime minister of Italy.
Goldman: From March 1990 to May 1993 and when not in public office, Mr. Prodi acted as a consultant to Goldman Sachs.
Government: Adviser to Treasury Secretary Henry Paulson.
Goldman: Worked at Goldman from 1993- 2000.
Government: Director, Office of Social Innovation and Civic Participation (April 2009); advisory board member Obama-Biden transition Project; former previously held a variety of positions in the Treasury Department from 1995 to early 2002.
Goldman: Vice President 2004-2007.
Government: Served on the staff of the National Security Council at the White House from March 2003 -August 2006; Assistant Secretary for Import Administration at the U.S. Department of Commerce in the Bush Administration.
Goldman: Global head of government affairs (Lobbyist) since 2006.
Robert K. Steel
Government: Under Secretary for Domestic Finance of the United States Treasury from 2006-08. Goldman: Former Vice Chairman of Goldman Sachs where he worked from 1976-2004.
Government: COO of the SEC's Enforcement Division (October 2009-present). He was 29 years old at the time of his appointment.
Goldman: Former Vice President at Goldman Sachs where he worked from 2004-2009.
Richard Y. Roberts
Government: Former SEC commissioner from 1990 to 1995.
Goldman: Now working as a principal at RR&G LLC, which was hired by Goldman to lobby on TARP.
Government: Treasury Secretary from 1995-1999; Chairman of the National Economic Council from 1993-1995.
Goldman: Former Co-Chairman at Goldman Sachs where he worked from 1966-1992.
Government: CEO President of NYSE (2004-07)
Goldman: President and Co- Chief Operating Officer from 1999-2004.
Government: Assistant Secretary in Legal Affairs and Public Policy in 2000. Treasury Department as Deputy Assistant Secretary for Tax and Budget from 1998-1999; Executive Floor Assistant to Dick Gephardt from 1989-1998.
Goldman: Joined Goldman as the Federal Legislative Affairs Leader from 2007-2009.
Government: Italian deputy treasury chief from 2006-2008.
Goldman: Former Partner at Goldman Sachs from 2004 - 2006.
Government: Member of the Australian House of Representatives since 2004.
Goldman: Chairman and Managing Director, Goldman Sachs Australia from 1997-2001 and Partner with Goldman Sachs and Co from 1998-2001.
Government: Served as Vice-Chair for FDR's War Production Board during World War II. Goldman: Worked at Goldman from 1907-1969, eventually becoming CEO after starting as a $3-a-week janitor's assistant.
Government: Advisor to Treasury Secretary Henry Paulson.
Goldman: Senior investment banker at Goldman where he worked from 1998- 2008.
Government: President of the World Bank since 2007.
Goldman: Vice Chairman, International of the Goldman Sachs Group, and a Managing Director and Chairman of Goldman Sachs' Board of International Advisors (2006-07)