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Previously-criticized Goldman Sachs now embraced by HuffPo
Article here. It'd be sort of funny if it weren't so incredibly transparent. But really, is it any surprise? I doubt we'd see such a big change of attitude if the Sachs "10,000 Women" initiative had been named "10,000 Promising Entrepreneur Types Regardless of Gender". But anyway.... Excerpt:
'Arianna Huffington and Lloyd Blankfein announced Thursday that Goldman Sachs and the Huffington Post will partner for a new initiative aimed at job creation, according to a piece coauthored by the pair in the Huffington Post.
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"In 2008, Goldman Sachs made a $100 million investment through its 10,000 Women program. This initiative provides women-owned small-to-medium businesses in more than 20 countries with a business and management education, access to mentors, and links to capital. This year, the program will reach its initial goal by serving its 10,000th woman.
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Today, our two organizations are joining forces. Together we will examine what entrepreneurs are doing to drive growth around the world and apply the lessons we have learned."
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The new partnership signals a very fast about-face. The Huffington Post attacked Goldman Sachs two days ago for profiting from a global food crisis. A slideshow, titled “CEOs Who Look Like Villains,” accompanied the article. The first slide compared Arianna’s newest partner to Dr. Evil.
The Huffington Post attacked Blankfein earlier this month for receiving a 75 percent raise. The website also alleges that the CEO lied about the firm’s proprietary trading and called Blankfein a “Vampire Squid.”
It is unclear if Arianna will order a purge of her website.'
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