Posted on 11/01/2009 7:02:54 AM PST by devane617
Is Fed Abandoning Bailout Of Commercial Real Estate
Zero Hedge | 10/30/09
Posted on 10/31/2009 8:21:58 AM PDT by FromLori
http://www.freerepublic.com/focus/news/2375321/posts
...a couple of things:
first of all, any McClatchey syndicate investigation is basically a vehicle for Dem talking points...this story ran front page in the Charlotte Observer today too...notice they avoid mentioning the role of Carter/Clinton/Fanny/in pressuring banks to make loans to low income/bad credit borrowers.
second, instead of blaming GS, why not buy some shares for your own portfolio?...instead of worrying whether to play craps or slots, get a piece of the casino....you’ve gotta do something with your dough...can’t bury it all in the back yard.
“Goldman Sachs bet on housing meltdown — and won”
Seeing how Goldman Slacks alumni infiltrate the government...
no shock they were ahead of the curve in kicking into CYA mode.
Ah, human nature. ( It’s a big force in the world )
Propriety. ( You might of noticed the SEC( AKA, Madoff’s and others chumps ) aren’t held in high public regard. (You know, the people who are the loss dump lately for private profit. )
Some might think that the kid at Goldman, who was involved with OK ing ‘products’, and is now at the SEC in a position were those types of things can be reviewed...smacks as...curious. Kind of like the child killer that helps in the initial neighborhood search
It feeds into the ( pretty good actually ) notion that the SEC is clueless ( I’ll buy that ) and that Goldman is crooked, in at best a ‘legal’ way.
You bet. On another thread, there's a guy who thinks we can regulate away greed. Of course he's a liberal.
( You might of noticed the SEC( AKA, Madoff’s and others chumps ) aren’t held in high public regard.
Yeah, I don't hold government in high regard either.
Some might think that the kid at Goldman, who was involved with OK ing ‘products’, and is now at the SEC in a position were those types of things can be reviewed...smacks as...curious.
Joe Kennedy was a big abuser of short selling in the 20s and 30s. They made him the first Chairman of the SEC and he cracked down on the stuff he used to do. Maybe he knows where the bodies are buried?
He’s no Joe Kennedy. His resume has dutiful chump, fall guy, dullard, written all over it. Joe would eat him up before his breakfast coffee. I imagine for the SEC, he’ll be a intellectual powerhouse.
< Ayup
And they were making record profits at the time. Ever wonder why the R Party didn't make waves about Cold Cash Jefferson?
Investment banks often short the very securities they are selling. They are primarily in the business of selling large quantities of securities rather than being a big investor in them.
LOL, Find your size and Go for it!
http://www.telegraph.co.uk/news/newstopics/howaboutthat/3483477/The-30-greatest-conspiracy-theories-part-1.html
frog march.
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