Earlier this month, hundreds of New Yorkers received an unusual dinner invitation from the Lower East Side People's Federal Credit Union.
The Credit Union, a small lender serving New York's poor, was holding a fund-raiser to celebrate its 25th anniversary. Among the chief sponsors listed on the invitation was Goldman Sachs Group Inc.
Among the honorees: "Occupy Wall Street."
They might as well have asked Marie Antoinette to dig into her purse to support Madame Defarge's knitting business.
Shortly after the invitation was sent out, Goldman withdrew its name from the dinner. It also pulled the plug on its $5,000 funding pledge.
It's worthy of note the CEO of Goldman Sachs makes $16,000 per hour.....and Goldman Sachs benefited from billions of dollars of bailout money during the financial crisis that they caused.
Social Justice: Current Affairs, Business, Politics, and all the reasons in the world to Thrive on Creative Discontent!
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