What is Goldman Sachs Doing?

I don't know about the rest of you out there in America, but I think I've had just about enough of Wall Street. Does anyone believe for a minute that if the country were in trouble, Wall Street would be rolling up their sleeves to help any one of us?

According to The New York Times today, two weeks ago there was a private meeting at the Federal Reserve office in New York. "The only Wall Street chief executive participating in the meeting was Lloyd C. Blankfein of Goldman Sachs, Mr. Paulson's former firm."

The media needs to investigate this relationship. Who is Lloyd Blankfein and what was he doing at that meeting?

Who was he representing? Was his participation a violation of the spirit, if not the intent, of Sarbanes Oxley rules? And, why in heaven's name would our Treasury Secretary be including only ONE member of the investment banking community?

Title IV of the Sarbanes Oxley Act describes enhanced reporting requirements for financial transactions, including off-balance-sheet transactions, pro-forma figures and stock transactions of corporate officers. It also requires timely reporting of material changes in financial condition and specific enhanced reviews by the SEC or its agents of corporate reports. Source: Wikipedia.org

I am a shareholder of Goldman Sachs stock and even I'm shocked at the cozyness of the relationship between the company and a government official who is now considered to be the most powerful treasury secretary since Alexander Hamilton held the post over 200 years ago.

Where does Henry Paulson get off having secret meetings to protect his former company's tail -- and the backsides of his friends -- at the expense of tax payers? And, who are the regulators really interested in protecting? Apparently it's not me.