To: fatnotlazy
Well i have the history of GS read about them. they are the corrupt arm of the fed. Corzine, get your own info on him. Rajat Kumar Gupta ([ɾɔdʒot̪ kumaɾ ɡupt̪o]; born 2 December 1948) is an American businessman and philanthropist who is currently serving a two-year term in US federal prison for insider trading. He was the first foreign-born Managing Director (chief executive) of management consultancy firm McKinsey & Company from 1994 to 2003. He was also a board member of corporations including Goldman Sachs, Procter and Gamble and American Airlines, as well as an advisor to non-profits such as the Bill & Melinda Gates Foundation and The Global Fund to Fight AIDS, Tuberculosis and Malaria. Additionally, he is the co-founder of the Indian School of Business, American India Foundation, New Silk Route and Scandent Solutions. He was convicted in June 2012 on insider trading charges of four criminal felony counts of conspiracy and securities fraud. He was sentenced in October 2012 to two years in prison, an additional year on supervised release and ordered to pay $5 million in fines.[2] His conviction was upheld by a Federal Appeals Court on March 25, 2014.[3] He then lodged an appeal with the U.S. Supreme Court which was subsequently upheld on April 20, 2015. An application to remain free until the court determined whether it would hear the appeal was denied on June 11, 2014 leaving Gupta having to commence his two year prison term on June 17, 2014.[4] Paulson the owner of slave Geroge w bush. The support given by Federal Reserve Board, under Ben Bernanke, and the US Treasury with Paulson at the helm, in the acquisition of Bear Stearns by J.P. Morgan and the $200bn facility made available to Fannie Mae and Freddie Mac attracted a great deal of criticism in congress by both Republicans and Democrats.[31] Paulson and Geithner made every effort to enable Barclays to acquire Lehman Brothers, including convincing other large Wall Street firms to commit their own funds to support the deal. When British regulators indicated they would not approve the purchase, Lehman went into bankruptcy, and Paulson and Geithner worked to contain the systemic impact.[32] "Well, as you know, we're working through a difficult period in our financial markets right now as we work off some of the past excesses. But the American people can remain confident in the soundness and the resilience of our financial system." [33] In the aftermath of Lehmans failure and the simultaneous purchase of Merrill Lynch by Bank of America, already fragile credit markets froze, so that companies having nothing to do with banking but needed financing (e.g. General Electric) could not get daily funding requirements which had the effect of sending the US equity/bond markets into turmoil between September 15, 2008, and September 19, 2008. U.S. government economic bailout of 2008 Paulson, acting as U.S. Treasury Secretary, caused outcries from both the Republican and Democratic Parties as well as the general populace as he tried to get the situation under control.
175 posted on
06/13/2015 11:28:45 AM PDT by
kvanbrunt2
(civil law: commanding what is right and prohibiting what is wrong Blackstone Commentaries I p44)
To: kvanbrunt2
Paragraphs are your friend. My old eyes had a difficult time reading all that.
However, I don’t see a connection between Mrs. Cruz and any wrongdoing, unless you have some documentation to prove it.
A number of companies have done quite a few shady or downright illegal things. Some people have been caught and are in prison. But it’s unfair to associate the wrongdoing of one or a handful with every employee.
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