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This guy has chutzpah! He's been the biggest hurry-up-and-bail-out everybody and his dog cheerleader since Obama took office.

Now he (sorta kinda) says there is a downside to bailout out Goldman?

1 posted on 07/17/2009 12:59:52 PM PDT by Lorianne
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To: Lorianne

Even a broken clock is right twice a day.


2 posted on 07/17/2009 1:04:44 PM PDT by Seruzawa (Obamalama lied, the republic died.)
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To: Lorianne
it shows that Wall Street’s bad habits — above all, the system of compensation that helped cause the financial crisis

Any so-called economist who would make that statement is an out and out moron.

3 posted on 07/17/2009 2:17:24 PM PDT by Larry381 ("in the final instance civilization is always saved by a platoon of soldiers" Oswald Spengler)
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To: Lorianne
Goldman is committing mass trading fraud with the STORM software the Russian employee uploaded to a German-based website. (authorities say he "stole it" but he is in fact listed on a patent for such software). STORM is their method of rigging the entire NYSE market to their advantage. Goldman Sachs is a criminal enterprise. My father worked 40 years on Wall St. and he told me that their tentacles are in every level of government.

Where is Ron Paul? Republicans should make GS a BIG target in the 2010 elections. We can really tap deep into blue collar anger. It will stun unprepared Democrats and lead us to sustained gains in Congressional races. Barney Frank's chief aide worked at Goldman twice, in and out of government making sure their interests were protected. Even Frank would be vulnerable to this GOP approach.

4 posted on 07/17/2009 2:39:09 PM PDT by FreepShop1
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