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1 The Firecracker Report
We invite you to visit our new blog at The Firecracker Report.  October 20, 2009Goldman
’
s
“
Shock and Awe
”
Campaign to Rebuild America:
“
Bringing freshproduce to a San Francisco neighborhood
”
 
The venerable Goldman Sachs, a highly successful marketing machine that has the entireworld convinced that their "brightest of the bright" workforce need ever larger sacks of money to keep on glowing brightly, has finally managed to get tripped up. So whatcould possibly have short-circuited our brightest bulbs?How about trying to answer a simple question,
 “
what has been Goldman's contribution torebuilding America?" (This of course, after they played a critical role in bringing the countrydown on its knees).Now this is a question that the goldies are attempting to answer on their own website,in a bid to convince the public that they
deserve
their bonuses. One click on the loudlydisplayed banner"Rebuilding Together" on Goldman's front page, and you are presented with
…
(hold your breath)
…
a largely
blank
page where the goldie light bulbs have postedtheir pathetic attempt of an answer. We copy paste from their website with our responsesbelow:
 
Restoring our capital markets; rebuilding our national infrastructure
Bridges, schools, highways, public power and mass transit. During 2009, Goldman Sachshas been involved in numerous Build America Bonds transactions. W
e‟re proud to
play arole
in
rebuilding our nation‟s capital markets and its infrastructure, while bringing much
-needed jobs to local communities.Ahem, what can we say - we are SPEECHLESS at your generosity for DOING your job as aninvestment bank. While underwriting the bonds to rebuild America, you did not by anychance contemplate WAIVING the millions in fees that you collected, did ya? You did not sitback for a minute and say
 “
Hey the American tax payers saved our behinds, so could weperhaps help municipalities and states governments issue debt for FREE as a thank you?
” 
 No you did NOT. Generosity as far as you are considered is a one way street
…
our pockets toyours.
Helping to provide funds to build and revitalize schools.
Goldman Sachs structured and brought the first Qualified School Construction Bonds(QSCBs) financing to market in April, 2009, establishing the market standard for QSCBfinancings.
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