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April 19, 2010

Obama Aides Use Goldman Suit for Wall St. Reform Bill

Bloomberg, Bloomberg

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By Patrick O'Connor

April 19 (Bloomberg) -- President Barack Obama's political advisers are trying to harness the government's case against Goldman Sachs Group Inc. to build support for a financial- markets overhaul pending in Congress.

A Google Inc. search of "Goldman Sachs SEC" yields an advertisement entitled "Help Change Wall Street" that is sponsored by Organizing for America, Obama's official political arm outside the White House.

"Help Pres. Obama Reform Wall Street and Create Jobs," the ad says. "Families First!"

The ad coincides with the Securities and Exchange Commission lawsuit filed April 16 against Goldman Sachs and a company executive. The civil suit became public as...

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Related Topics: Barack Obama, financial reform, Goldman Sachs

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