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Goldman Sachs Is Making a Killing

Written by PETA | May 10, 2010

If you’re looking for a place to plant some cash, Goldman Sachs might not be a wise investment. That probably doesn’t surprise many of you, seeing as how the firm is facing fraud lawsuits for its questionable mortgage-trading activities. But did you know that Goldman is also involved in some shady factory-farm deals in China? As the executive director of Brighter Green recently pointed out, Goldman paid $300 million for 10 intensive poultry farms in China in 2008.

If you listen closely, you can still hear the “ca-ching!”

While the number of vegetarians in the U.S. grows every year, meat consumption has quadrupled in China since 1980. Filthy U.S.-style factory farms are becoming increasingly common there, and while Goldman has outsourced its factory farms, it retains control over the prices of the meat it sells. Goldman clearly wants a portion of the cash cow. But I don’t guess that Goldman is concerned about investing in the future, considering that more factory farms means more death, pollution, and other environmental consequences.

I’m no high roller, but even if I were, I wouldn’t be casting my lot with Goldman Sachs. I prefer savings that can’t be put in the bank: animals’ lives and the environment. How about you?

Written by Heather Moore

Commenting is closed.
  • lisa says:

    Cheryl if you want out of sight out of mind then i suggest you dont dont come on here.

  • Rachel says:

    Goldman Sachs. How do these people sleep at night? Anything for a dollar. Maybe the people at Goldman Sachs need to spend a little time thinking about Moses and his commandments. Moses would be disgusted by them.

  • Toby Saunders says:

    I’m digusted by the dark side of capitalism too. The number of vegetarians grows each year in the US… the number of meat eaters grow too though I wonder if we are ‘making ground’. I would love to see a chart of statistics about that but then again I would rather PETA spent its funds on whistleblowing and activsm.

  • Cheryl M says:

    Oh for pete’s sake. Send it some where else and then we don’t have to SEE it at all. Out out sight out of mind. Other countries are even more cruel to animals then the US.