Kevin Johnson's Goldman Sachs Kings Arena deal proves he's the most naïve mayor ever

Not saying the Kings don't deserve some help for a new arena, but KJ is making a huge mistake with these sharks

Related: Why are Financial Terrorists (JP Morgan Chase and Morgan Stanley...etc.) getting away with attacking America?

Sucker city

Team K.J. sent out another “rules of the game” communiqué last week, announcing that investment bank Goldman Sachs had accepted the mayor’s invitation to evaluate proposals for, and possibly help finance, a new Kings arena.

“Anybody who knows anything about the financial world knows what it means to have Goldman Sachs on your side,” Mayor Kevin Johnson wrote. “Simply put, Goldman is one of the largest, most influential and important investment organizations in the world.”

Let's take a look at Goldman Sachs

Rolling Stone writer Matt Taibbi certainly knows something about the financial world. Last summer, he wrote a takedown of Sachs titled “Inside the Great American Bubble Machine.” Taibbi introduced Goldman, and its role in America’s banking crisis, in this way:

“The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

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In other words, K.J.’s Wall Street buddies have got Sacramento’s back. And they’ll probably jam their blood funnels into it.

Everything Max Keiser says about Goldman Sachs is true

Part 1

Part 2