Goldman Sachs (GS)
There is perhaps no company in recent history that can claim a stronger presidential connection than investment banking giant Goldman Sachs (NYSE: GS). Former Goldman bigwigs have populated the Department of the Treasury, the Federal Reserve and the President’s Council on Economic Advisors over the last several administrations. In fact, it was almost an unwritten rule that you needed to first run Goldman Sachs before serving as secretary of the Treasury.
The fact is that the direct line between the Oval Office and Goldman’s offices at 200 West Street in Manhattan gives this financial giant a leg up on the competition. Perhaps that’s part of the reason why Goldman keeps posting record profits, and why its shares have surged over 220% since hitting their 2008 lows.
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