New York protesters camp out at Goldman
Sachs to oppose Trump
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[January 18, 2017]
By Elizabeth Dilts
NEW YORK (Reuters) - Dozens of protesters
gathered outside of Goldman Sachs Group Inc headquarters on Tuesday to
rally against President-elect Donald Trump's picking several former
executives of the Wall Street bank for top jobs in his administration.
Some of the 50 or so protesters wore swamp-monster masks in reference to
Trump's pledge to "drain the swamp" that he said Washington has become
and get rid of special interests. About 20 of them brought sleeping
bags, intending to camp outside 200 West Street until Trump's
inauguration on Friday.
Goldman Sachs security guards sent employees and guests to entrances on
the north side of the building on the rainy evening as protesters
unrolled green sleeping bags on the southwest corner.
In an emailed statement, Goldman Sachs spokeswoman Tiffany Galvin said
the bank respects "every individual's rights to assembly and free
She declined to comment on the protesters' objections to Trump's
nominations of ex-Goldman employees including Steve Mnuchin, Trump's
pick to lead the U.S. Treasury Department. Others include Gary Cohn, who
had been chief operating officer before becoming Trump's economic
adviser, and Dina Powell, who left her position as Goldman's head of
philanthropic investing to do the same.
Goldman Sachs had long been viewed as Wall Street's most prestigious and
profitable bank with so many executives leaving for high-profile
government positions it earned the nickname "Government Sachs." But in
the aftermath of the 2008 financial crisis, Goldman instead found itself
blamed by politicians and activists for profiting from the implosion of
the mortgage market.
In response, the bank embarked on a public relations campaign to clean
up its image and launched initiatives to help small businesses,
prisoners and female entrepreneurs. But the string of Trump appointments
has renewed some of public contempt it received during the Occupy Wall
Street protests in 2011. (http://reut.rs/pJKyQX)
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Demonstrators chant while in their sleeping bags outside of Goldman
Sach's Lower Manhattan headquarters during a protest against the
Wall Street bank's ties to the incoming administration of U.S.
President-Elect Donald Trump in New York, U.S., January 17,2017.
Nelini Stamp, 29, an organizer with a group called Working Families,
said she also participated in that movement and Trump's appointments
drove her to come back.
"We're here to make sure that people realize that Goldman Sachs is
running our government," Stamp said.
Holding a sign with the image of a swamp monster biting down on a
gold bar emblazoned with #GovernmentSachs and "foreclosures," Ethan
Cantor, 25, said it was his first time at a protest.
The New Jersey native said Trump's embrace of Goldman Sachs
contradicted criticism the president-elect had leveled against
Democratic opponent Hillary Clinton for speaking fees she received
from the bank.
"He used Goldman as a dig against Hillary," said Cantor, who said he
reluctantly voted for Democratic candidates in the last election.
"One good thing about (Trump's) campaign was that it was populist.
Now he's lying to his own voters."
(Reporting by Elizabeth Dilts; Editing by Lauren Tara LaCapra and
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