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Former Goldman Sachs Banker Revving Up Smear Campaign Against Elizabeth Warren

Is a former Goldman banker using the Wall Street Journal to defame the consumer watchdog?

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Warren has publicly criticized Goldman in testimony before Congress and during on-air interviews with CNBC and Bloomberg. When Warren chaired the Congressional Oversight Panel for the Troubled Asset Relief Program, she told Sen. Chuck Grassley (R-Iowa) during a hearing that Goldman had not provided her panel with key documents pertaining to the bailout of AIG, from which Goldman reaped over $11 billion. She also said that the Wall Street giant should be investigated for wrongdoing pertaining to the sale of mortgage derivatives during the housing bubble. Goldman eventually settled with the SEC for $550 million over allegations that it defrauded investors.

Kissel declined to comment for this article, and the  Journal did not respond to an email requesting comment. Goldman Sachs did not return a call requesting comment.

 

Zach Carter is a staff writer at the Huffington Post.