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Meet Adam Storch



October 17, 2009 – Comments (9) | RELATED TICKERS: FMCC , E , GS

Sometimes Jstegma likes to see what the "liberals" are talking about.

Today they are talking about Robert Rubin, Hank Paulson, Neil Kashkari, Mark Patterson, Gary Gensler, and Michael Paese from Goldman Sachs.

They are also talking about the newly appointed Chief Operating Officer of the SEC's new Enforcement Division. His name is Adam Storch. He will also supervise the SEC's Office of Market Intelligence. Among his responsibilitys will be making sure tips such as the one's that were overlooked concerning Madoff, are better managed. He is 29 years old. and a 2002 Intern of the Year Award winner at Delloitte & Touche.

Here's your first tip Adam. Look into the connection between former GS employees running treasury and the SEC, bailing out GS, forcing GS's competiton into bankruptcy and profiting handsomely with taxpayer dollars to invest.

Before this job you spent the last five years in GS's employ?

Never mind.

I pledge allegiance to the Flag of the United States of America, and to the Corporation, which it supports, One Nation under Goldman, indebted forever, with Liberty and Justice unlikely.


9 Comments – Post Your Own

#1) On October 17, 2009 at 11:25 PM, chlyd (< 20) wrote:

 very creative pledge, LOL!!!

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#2) On October 18, 2009 at 4:51 AM, lucas1985 (< 20) wrote:

Simon Johnson (professor at MIT’s Sloan School of Management, ex chief economist at the International Monetary Fund during 2007 and 2008.) said it months ago in The Atlantic.

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#3) On October 18, 2009 at 6:02 AM, fmahnke (68.77) wrote:

Hopefully, it will make em feel better.  Of course, we all that know BHO hired Summers, Geithner and reappointed Benny B, so they probably need something to make them feel more progressive, than they would otherwise feel about BHO aiding and abetting ths fraud on America taxpayers.

What they should be talking about is the answer to the question of what is the progressive eutopia's end game in America.  I mean after you nationalize the auto industry, the medical/health care industries,  force as many people as possibe to work for a union and legislate the destruction of American manufacturing through the proposed Crap and Fade, where does the tax money to support big gov't and entitlement nation come from??. 

Do they really think US based Companies will not move more jobs overseas?  How do they plan get on getting relected when unemployment just keeps incresing despite a trillion dollar stimulus plan which they claim is working better than expected.Don't they realize that independent and seniors voters ulitmately decide American elections? 

I think the end game is coming sonner than most liberals expect.  Watch what happens to Corzine in November (Of course, he is part of both the evil GS empire and the progressive movement, but my guess they are not talking about that) . 

As part of the silent , but growing segment of the American Politics, refferred to as Independants. My guess is that the end game is a return of conservatism.  But as a well meaning supporter of liberalism, I am truly intersted in how you see this playing out. 

Specifically, does american industry thrive under BHO, or if not where does the money to support the gov't spending come from?

And do voters like me come support the BHO way. or how do the liberals stay in power without us.

Ron Paul in 2012

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#4) On October 18, 2009 at 10:07 AM, devoish (77.59) wrote:


You do not get Ron Paul. At best you get someone claiming to be like Ron Paul who turns out to "not be your guy" either. Paul believes in the idea but the new Libertarian popularity is only the same rebranded Corporate Conservatism you say isn't you. Sounds the same, plays the same, is the same.

The leaders of the American Revolution did not say "let's get together and throw out the King and then all go our seperate ways". They formed a Government intended to "promote the general welfare" with the ability to redefine that phrase through legislation.

250,000 people marched with Martin Luther King in the 60's.

800,000 showed up to march in favor of Gay and Lesbian rights in the 90's.

Over 1 million showed up to support a womans right to choose in 2004

1 Million celebrated President Obama's inauguraion and moving away from the "free market" "small gov" trust business" Corporatocracy promoted by the so far right they have gone over the cliff branch of the country.

66 million Americans voted to move the country "liberal" and away from the failed "business dominates voting" policys of the last 30 years.

With the full publicity and campaigning of the Fox networks only 60,000 teabaggers showed up in support of corporate rule.

What do you think will happen in 2010? I think you are hoping a discredited Republican party can slip back into power over a divided Democratic one.

I doubt too many Americans support right wing nut jobs showing up at a healthcare discussion with guns and the implied threat of violence.

I always considered myself an independent voter. I think for myself. The choice between Democrats (the right) and Republicans (the far right) was an easy one for me. George Bush turned out far worse than any could have imagined when he was elected. Barack Obama is turning out less hopeful but the majority in this Country have made it clear they expect to move liberal.

I would prefer to vote without the threat of gun violence from right wing extremists. But now I have to vote. I hope no-one decides to shoot Americans for exercising their constitutional rights.

I have read alot of the Libertarian selective history posts on this website. There is absolutely no hope for the vast majority of any population living under Libertarian ideology. Small government exists in this world and brings only poverty, starvation and disease to its populations.

Only the insane would expect anything different.

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#5) On October 18, 2009 at 12:47 PM, station3gc (< 20) wrote:


 If you beleive your quote fmahnke you have shown your absolute ignorance or are looking at life through a straw.

 " Small government exists in this world and brings only poverty, starvation and disease to its populations."

Utterly nonsense- Hence Large governments USSR, Iran, China, Cuba..... Bring about enslavement.

The so called right wing nut jobs you choose to abhor, gave you your freedom to rant.


Please do us all a favor and go and live in one of those socialist states that you most surely want the US to be. When and if you get your way, the rest of us will be enslaved by the type of government you aspire to create.  

There is just not enough other dialog in a post like this that could ever convince you of your unwitting lack of wisdom.




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#6) On October 18, 2009 at 1:29 PM, fmahnke (68.77) wrote:


Whoa !!!! you call me ignorant if it makes you feel better. 

But please don't attribute idealology to me which is completely contrary to what I beleive and what I wrote.

I think you got the wrong guy.

Ron Paul in 2012

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#7) On October 18, 2009 at 1:52 PM, AntiRonChapmanJr (< 20) wrote:

He made a mistake.  He meant to call Devoish an idiot.

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#8) On October 18, 2009 at 2:36 PM, whereaminow (< 20) wrote:

Glenn Grunwald has an excellent writeup on this here.

Two questions for Devoish.

1. The New York Times now grudgingly accepts that the very policies promoted by a bipartisan Congress and taken by Bush/Obama are the reason GS is in a dominant position in our government. Do you disagree?

2. How much money did Barack Obama and Ron Paul receive in campaign contributions from GS?

David in Qatar

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#9) On October 18, 2009 at 2:51 PM, fmahnke (68.77) wrote:


I think I answered you question as to what happens in 2010.  Conservatism thrives.  Your wrong about what I am hoping for.

I'm no fan or the Republican ideaolgy.  I think Bush was far off the mark in almost every way.  I hate their foreign policy agenda. and don't think trickle down works today (although I generally do prefer it to Keyenesisiam).  Dem or Repub. I'm hoping for fiscal responsibile candidates with a pro-small business agenda.

Liberitarism is your word. not mine.  Small is a relative term which I don't think R Paul is looking for in terms of the size of the US Gov't relative to other countiies.  The issue here is smaller, sustainalbe gov't that  is working to reduce deficiets and improve the standard of living for all its citizens, not just its consitiuants.

I may be insane, but I'm not the only one that thinks the new administration if so far overreaching in terms of its authority and spending that it not only threatens our economic leadership, but its long term viability.  The polls as well as most of what I read and hear supports this view,

We can argue about how many teapartiers attended or whether BHO was elected as a result of american embacing liberalism or the rejection of Bush W, a stupid war and the preception that BHO was much more centrist than he has turned out to be. But probably would agree that disatistaction and dissence on domestic policy issues is very high for a first year administration,

My guess is their are many reasons for this dissent.  A bunch of crazies, sure,every country's got em. I say the main issue is the uncertainty related to one of the questions you didn't answer,  How does liberal thinking work when it comes to the sustainablity of the economy longer term ? 

I'm not picking on you as much as I really just don't get it and I'd like to understand. Businesses won't hire with diminished demand and heightened political/regulatory/taxation uncertainty. Gov't cannot exist (much less grow long-term) without tax receipts and this policy adenga moves JOBS  offshore, right? Crap and Fade creates more jobs than it kills ??   

 What am I missing ?  Why can't R Paul succeed  in an environment with so much dissent ( I think alot of people share my view that anyone disliked by the far left and Lindsey Graham has a good start (and in his case, experience) . You do work for the gov't, don;t you ?? and donlt we all deserve change we can really believe in ?

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