Any thoughts?????????????
We are seeing, IMHO, a criminal conspiracy of massive proportions in this whole thing.
Like the mean old guy in the movie "It's a Wonderful Life", when there is a run on the bank they will buy assets for pennies on the dollar.
I think Goldman Sachs is dirty, very dirty.
No stronger than the connection between, say, the Pope and the Church...
Nah, it’s all just a big coincidence....
It’s no secret that Goldman is a Democrat controlled operation in which people are “groomed” for government jobs. Rubin, Corzine, Paulson, the list is endless. Obama supporter/Democrat Buffet throws money into Goldman, Paulson from Goldman rails that the end is nigh. Rubin et al from the Clinton administration had the hand in the repeal of Glass-Steagall, which led to huge profits in the financial fiasco, profits that were pocketed early on and to hell with the losses that have to happen sooner or later......the Goldman boys will just see to it that the American taxpayer (i.e. sucker) picks up the tab.
Goldman Sachs also was said to have lobbied over $43 million to Congress. It would be interesting to have the list of names and amounts. You are correct to see this as curious. It appears not as much a crisis of all finances as a crisis of Goldman Sachs that is hidden behind the dire warnings of the old CEO Paulson.
GS may be a member of the govt’s plunge protection team and therefore get preferential treatment..
See a pattern with these examples???
James Johnson; board member at Goldman Sachs, served as chairman and chief executive officer of the Federal National Mortgage Association (Fannie Mae),
Henry Paulson, U.S. Treasury Secretary Henry Paulson. The former Goldman Sachs Group Inc. CEO, who received about $111 million between 2003 and 2006
Robert K. Steel; current Wachovia CEO, retired from Goldman Sachs as a vice chairman Robert Steel and Under Secretary for Domestic Finance
Edward Liddy; resigned from Goldman Sachs Group Inc.’s board of directors after becoming chairman and chief executive of American International Group Inc., the insurance company rescued by the U.S. government last week.
John Thain; last chairman and chief executive officer of Merrill Lynch, held management positions at: the New York Stock Exchange (CEO), and Goldman Sachs (President, Chief Operating Officer, Chief Financial Officer). He amassed $300 million in Goldman stock
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http://www.sec.gov/Archives/edgar/data/886982/000119312508049485/ddef14a.htm
2007 Summary Compensation Table (a)
Name and Principal
Position
Year Salary Bonus (b) Stock
Awards (c) Option
Awards (d) Change in
Pension
Value All Other
Compensation (e) Total (a)
Lloyd C. Blankfein
Chairman and Chief Executive Officer
2007 $ 600,000 $ 26,985,474 $ 25,913,753 $ 16,440,188 $ 780 $ 384,157 $ 70,324,352
Gary D. Cohn
President and Chief Operating Officer
2007 $ 600,000 $ 26,585,474 $ 28,771,546 $ 16,200,096 $ 45 $ 354,196 $ 72,511,357
Jon Winkelried
President and Chief Operating Officer
2007 $ 600,000 $ 26,585,474 $ 27,837,144 $ 16,200,096 $ 342 $ 232,370 $ 71,455,426
David A. Viniar
Chief Financial Officer
2007 $ 600,000 $ 22,585,474 $ 21,119,365 $ 13,800,195 $ 1,370 $ 360,732 $ 58,467,136
Edward C. Forst
Chief Administrative Officer
2007 $ 600,000 $ 17,185,474 $ 16,662,772 $ 10,560,176 $ 6 $ 4,050,154 $ 49,058,582
Some tidbits about Goldman Sachs to add for consideration:
http://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air—perfect-together.aspx
Jon Corzine and Hot Air - Perfect Together
Paulson is a former ceo of Goldman. This bailout is to further enslave Americans to banks and the ‘Federal’ reserve. There is nothing federal about the reserve.
Just curious. Is Chelsea Clinton engaged to a young man who works for Goldman Sachs?
Quick read....did he create a self-fullfilling policy, for what reason????????
http://www.freerepublic.com/focus/f-news/2091962/posts
This bailout is a two-pronged scam. It not only gets big bucks for the DemocRATS and their donors/supporters but it also gets their messiah elected.
Redistribution of wealth?What is Bush’s involvement?I say investigate them all.