Goldman Sachs’ link to sex trafficking

Once again we all owe a debt to New York Times columnist Nicholas D. Kristof.

His piece today is about how Goldman Sachs holds 16 percent ownership of a company — Village Voice — that owns the biggest online forum for sex trafficking of under-age girls, Backpage.com.

[F]or more than six years Goldman has held a significant stake in a company notorious for ties to sex trafficking, and it sat on the company’s board for four of those years. There’s no indication that Goldman or anyone else ever used its ownership to urge Village Voice Media to drop escort ads or verify ages.

He noted how the state of Washington passed a law requiring age verification in ads offering sex-related services. And that state’s attorney general as the current president of the National Association of Attorneys General has taken the issue further by convening a two-day program for the association on human trafficking.

Kristof’s column is a great discussion of the problem of sex-trade in the United States and its connections to otherwise “respectable” organizations. Too often people forget that the evils we read about in other parts of the world are also here in the States.

Kristof is one of the smartest journalists around. And he has made the connection in the past between international and domestic issues. It would be nice to see more journalists make the same connections in their stories.

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1 Comment

Filed under Connections, Ethics, Story Ideas

One response to “Goldman Sachs’ link to sex trafficking

  1. Hello i am kavin, its my first occasion to commenting
    anywhere, when i read this article i thought i could also create comment due
    to this sensible paragraph.

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