Posted on 04/12/2009 3:19:34 PM PDT by dennisw
Goldman (and other banks') "Hedges"
If you like Karl Denninger let me know, I’ll start a ping list if enough do
Could someone please explain this in layman’s terms..because I’m not financial genius, but what I just read is making my head explode with anger.
Just a stupid question...if they have this much money....why don’t they GIVE BACK OUR MONEY.
If it’s Goldman Sachs they were thoroughly hedged...
You can bet on it.
Ping me, Daddy.
In fact, it's obvious that this is what the bailout was really intended to do.
Blankfein was on CSPAN the other day gloating about his upcoming good fortune and lecturing the Evil Americans about how they shouldn't have Buy American clauses, shouldn't criticise his H1B insourcing and Indian outsourcing, and should accept "tolerance and diversity". All said in that nasty little lecturing tone.
Why would the CEO of an "investment bank" be rattling on about topics like that? Especially one that was on the ropes just a bit ago?
Because those are the interests of himself and his benefactor in the Washington. The man who made sure the scam went down.
There may be some talk, but....nothing's going to happen.
ping me as well
Watch this video to get the Geithner Plan explained at the 8-th grade level. Even a Congressional representative from the Bay State should be able to grasp the concepts.
http://activerain.com/blogsview/1012025/About-that-Geithner-plan
As soon as it was apparent that corrupt bankers could have their obscene “incomes for failure” limited, I knew they would find a way to be “successful” enough to end government supervision and get their compensation back to what they “deserve”.
Blankfein..... I find him and anyone from Goldman to very annoying. Too bad Bin Ladin didn’t fly his airplanes into Goldman Sachs
Blankfein is listed as giving $7000 to Hillary. Blame Wall Street Democrats for this mess
I do. And I don't consider them Americans, either.
The left worked diligently to put it’s plan in place they needed the bankers and the low class trash acorn types to achieve the power to destroy America. Is it any wonder then having sold their soul the wealth turned out to be based on robbery, sham and deceit and the plan turns out to be no banker left behind? Of course nothing will be done.
http://www.businessinsider.com/henry-blodget-is-obama-in-wall-streets-pocket-2009-4
http://www.bloomberg.com/apps/news?pid=20601039&sid=aNMQDysdnKRc&refer=home
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