Elena Kagan Has Ties to Goldman Sachs

Monday, May 10, 2010

President Obama’s curious choice of Solicitor General Elena Kagan for U.S. Supreme Court Justice was a paid member of an advisory panel for the embattled investment firm Goldman Sachs, according to Federal financial documents.

Kagan was a member of the Research Advisory Council of the Goldman Sachs Global Markets Institute from 2005 through 2008, when she was dean of the Harvard Law School, and received a $10,000 stipend for her service in 2008, her disclosure forms indicate.

While the relationship is arguably minor in scope, we should expect Republicans to use it to advance their attacks on the Obama administration and its ties with Wall Street during the confirmation hearings. I will be reporting on Elena Kagan — who very little is known, in the weeks and months ahead.

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12 Responses to Elena Kagan Has Ties to Goldman Sachs

  1. Scott Dancer says:

    I agree: Kagan is a curious choice if I am being kind.

    As the first woman Dean of Harvard Law School, Kagan enjoyed unprecedented expansion of the faculty, adding to it by almost a half. She hired 32 tenured and tenure-track academic faculty members but, of those, few were people of color and even less were women.

    Why is this significant? Because over 50% of law school admissions are women. Yet, Kagan could only find seven women in the 21st Century to add to the Harvard faculty.

  2. Rachel says:

    Christopher — Thanks for the information on Elena Kagan. I am only hearing one side about her from the MSM and this is extremely frustrating. The media is mostly gushing over her because she’s a woman and Obama’s second SCOTUS choice but, there are too many pieces of the puzzle missing at this point for me to be overjoyed. Keep up the great reporting.

  3. Albert Lewis says:

    Excuse me? *Everyone (apparently) has ties to Goldman Sachs.

  4. Brigadoon says:

    I have pretty hit a brick wall when trying to learn how Elena Kagan thinks about important social issues like repealing DOMA and DADT. She’s a blank slate and appears to have written few legal papers. Of course, the “buzz” about Kagan is she’s gay and for many, this alone qualifies her for the High Court.

  5. bradfrmphnx says:

    Kagan is a brilliant choice. As the Harvard Law School dean, Kagan openly railed against the military’s “don’t ask, don’t tell” policy regarding gay service members. She called it discriminatory and barred military recruiters over the matter until the move threatened to cost the university federal money. I’ve heard she is gayer than Rosie O’Donnel on the Elena Degeneres show.

    But that isn’t the only reason she is a brilliant choice. She is an esteemed intellect. She knows her way around government. And as a lawyer she was able to bring sides together on issues. This was her mark in trade, and I believe, the true reason Obama elected her. He is concerned over the court leaning too far to the right, she should be able to sway some of that more to center. Good choice, and one that the gay community will soon learn to appreciate, I think.

  6. Harry says:

    I hope she is a “brilliant choice.” But, from what I’ve read about Kagan agrees with Dick Cheney in embracing the expansion of presidential powers.

  7. Tiny Dancer says:

    Kagan is obviously a lesbian.

    I’ll be interested in seeing who on the Senate Judiciary Committee has the balls the bring up her sexual orientation. Maybe the Fabulous Miss Lindsey Graham?

  8. Pechanga says:

    Kagan’s supporters cite the fact she tossed the ROTC off the Harvard campus as proof she’s a gay rights advocate.

    I think this is a stretch but, I hope they’re correct.

    But what bothers me about Kagan is her support for a Cheney-esque, imperial presidency with powers operating outside the checks and balances spelled out in the US Constitution. Is this why Obama chose her?

  9. HANK says:

    Interesting…Goldman already controls Congress and the White House, the US treasury, the Fed, and notoriously manipulates the Stock Market. Now they’ll have their inside man at the Supreme Court. What do you call that…a Coup-de-Insiders?

  10. DMason says:

    I appreciate Elena Kagan kicking the military off the Harvard campus. Very bold and very cool. However, I am troubled by her embrace of the imperial model for the presidency. Like Pechanga said, it’s a la Cheney at his worst.

  11. Idaho Librul says:

    Speaking of peculiar legal wranglings, did you hear AG Eric Holder say on Sunday that he and Obama plan to look at ways to “loosen Miranda” for suspects arrested and charged on terrorism?

    Sounds to me like the Obama administration is buckling to GOP pressure.

  12. fran says:

    I don’t know enough about her, but the idea of having more progressive women in the High court appeals to me. More than 1/2 the country is female, at least 1/2 the supreme court should represent.

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