Goldman Sachs Wing of @TeachForAmerica #TFA25
Lot’s of controversy today about @HillaryClinton & @GoldmanSachs. @TeachForAmerica loves them. Always have. Teach For America (TFA) and Goldman Sachs have had a longstanding and very fruitful relationship. Who is Goldman Sachs? From Wikipedia:
The Goldman Sachs Group, Inc. is an American multinational investment banking firm that engages in global investment banking,securities, investment management, and other financial services primarily with institutional clients….Goldman Sachs was [was in the middle] of the 2008 economic crisis,[2] because of its involvement in subprime mortgages, and was subsequently rescued as part of a massive U.S. government bailout.
Goldman Sachs has done LOTS of bad stuff.
On October 28, 2008, the US Treasury paid Goldman Sachs $10 billion in exchange for Goldman Sachs shares as one of the six large banks initially given funding from TARP intended to unfreeze credit markets
And made lots of money while many Americans lost everything.
Are you surprised that Goldman Sachs is on the $100,000 Teach For America donor list? (For more on TFA’s funding see The Teat: ~Half Billion for Teach (Temp) For America)
In fact, Goldman Sachs treasures TFA alums after they leave their short classroom stay. The Business Insider reported that,
Goldman Sachs is the largest non-academic hirer of Teach for America alumni in New York City.
The leadership of TFA and Goldman Sachs have had a cozy relationship. For example, TFA gives the leadership of Goldman Sachs awards,
“I was a horrible student,” Cohn, the president and COO of Goldman Sachs, told a room full of teachers. On Thursday night, Cohn was Goldman Sachs Wing of @TeachForAmerica #TFA25 – Cloaking Inequity: