RIP: Goldman Partners’ Interest in Public Service

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Felix Salmon got an email from a Goldman Sachs spokesman responding to Matt Taibbi’s lambasting of the company in Rolling Stone. (Taibbi called Goldman “the planet-eating Death Star of political influence” and accused it of engineering “every major market manipulation since the Great Depression.”) After calling Taibbi’s piece “hysterical,” the spokesman, Lucas Van Praag, told Salmon the sad news that “in the wake of the events of the past year or two, Goldman’s partners have pretty much lost their appetite for going into public service.” The horror, the horror! Whatever will we do without their enlightened leadership?

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Thank you!

We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

The months and years ahead won't be easy. Far from it. But there's no one we'd rather face the big challenges with than you, our committed and passionate readers, and our team of fearless reporters who show up every day.

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