Goldman Sachs (GS) have negotiated a substantial minority share in traffic camera specialists American Traffic Solutions (ATS) of Scottsdale Arizona, providing the company with fresh capital to fund their growth. GS becomes the first institutional investor in ATS, says the ATS president, Jim Tuton. The big New York based investment banker will get two positions on Tuton’s seven person board of directors.
This is as real as it gets! Red Light Camera Oppositions have been saying for years that the People pulling the strings behind the takeover of law enforcement in Texas was Goldman Sachs. They are openly taking over member boards of corporations who violate the US Consitution and Texas Constitution to extort money from private citizens. According to a report by the Attorney General of New York State Goldman Sachs paid $4.8 billion in bonuses to executives and employees while earning only $2.3 billion after being a recipient of TARP bailout funds of $10 billion. Other reports claim the bonus pool was as high as 11.4 billion. Unfortunately the tolerance levels of Texans have not exceeded Goldman Sachs desire to outsource Texas law enforcement to other states and countries for profit. Extortion of money from private citizens through Government/Corporate Cartels will continue in Texas. I believe Texans should be asking themselves why 16 members of the 31 member Texas Senate support this type of conduct!
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