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Cruz Slams Wife’s Employer for ‘Crony Capitalism’

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In an interview with Bloomberg, Sen. Ted Cruz (R-TX) took a shot at Goldman Sachs, his wife’s employer, when asked if the bank was a positive or negative force on society.

Said Crus: “Goldman is one of the biggest banks on Wall Street, and my criticism with Washington is they engage in crony capitalism. They give favors to Wall Street and big business… Like many other players on Wall Street and big business, they seek out and get special favors from government. I think they’re entitled to practice their business, but without subsidies or special benefits.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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