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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 09:33 PM
Original message
Kagan had ties with Goldman
This should be a disqualifier.

WASHINGTON — A top prospect for the Supreme Court was a paid member of an advisory panel for the embattled investment firm Goldman Sachs, federal financial disclosures show.

Solicitor General Elena Kagan was a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute, according to the financial disclosures she filed when President Obama appointed her last year to her current post. Kagan served on the Goldman panel from 2005 through 2008, when she was dean of Harvard Law School, and received a $10,000 stipend for her service in 2008, her disclosure forms show.

A spokesman for Goldman Sachs did not respond to requests for comment Monday.

The advisory panel met once a year to discuss public policy issues and was not involved in any investment decisions, Justice Department spokesman Tracy Schmaler said.

Kagan, the administration's top lawyer before the high court, has been named in news reports as a possible replacement for retiring Justice John Paul Stevens. Last year, Obama interviewed her for the high court seat now held by Sonia Sotomayor.

If Kagan is nominated to replace Stevens, senators will scrutinize those ties to Goldman Sachs, said Northwestern University law professor Lee Epstein.

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http://www.usatoday.com/news/washington/judicial/2010-04-26-kagan_N.htm?csp=34&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+usatoday-NewsTopStories+%28News+-+Top+Stories%29
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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 09:36 PM
Response to Original message
1. I like her
But I don't want anyone on the supreme court who has worked for those clowns during that perios
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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 09:38 PM
Response to Reply #1
3. Until this bit of stinky news, I was not anti-Kagan either.
At the very least, it's a major league distraction we don't need.
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ruggerson Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 09:37 PM
Response to Original message
2. This shouldn't be a disqualifier at all
She's not my first choice by a long shot, but to disqualify anyone who ever had anything to do with an investment bank is a bit of a stretch.

She didn't work for them in any investment advisory capacity whatsoever.

It should be a complete non-issue.
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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 09:45 PM
Response to Reply #2
4. She sat on an adivsory board that "discussed public policy issues" with an investment firm...
that has been charged with fraud. Her particular value to Goldman would have been in offering legal advice. Sorry, this stinks. Everyone knows I'm a kool-aid drinker but I sure won't defend Kagan if they are stupid enough to nominate her...FWIW.
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ruggerson Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 10:38 PM
Response to Reply #4
7. It met once a year!
It was a public relations "public policy" board that had nothing at all to do with investment advice. Nor, for that matter legal advice. This is a non event.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 10:51 PM
Response to Reply #7
8. "This is a non event." Let's analyze:
Solicitor General Elena Kagan was a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute, according to the financial disclosures she filed when President Obama appointed her last year to her current post. Kagan served on the Goldman panel from 2005 through 2008, when she was dean of Harvard Law School, and received a $10,000 stipend for her service in 2008, her disclosure forms show.

She was confirmed last year as Solicitor General and this disclosure made during that time is supposed to mean what?

You're right, and the MSM is completely useless.

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Lord Helmet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 09:57 PM
Response to Original message
5. I'm dreaming of a Goodwin Liu type. Young, liberal, and smart. nt
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-10 10:04 PM
Response to Original message
6. K & R. n/t
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