I'll believe that this is for real the minute I see Lloyd C. Blankfein or Gary D. Cohn frogmarched into the can.
Posted on 04/16/2010 8:04:24 AM PDT by quesney
Edited on 04/16/2010 8:18:06 AM PDT by Admin Moderator. [history]
Goldman Sachs, which emerged relatively unscathed from the financial crisis, was accused of securities fraud in a civil suit filed Friday by the Securities and Exchange Commission, which claims the bank created and sold a mortgage investment that was secretly devised to fail.
(Excerpt) Read more at nytimes.com ...
Many thanks; I’ll do the reading.
Yes, and you can bet Soros is well armed and ready to swab the deck once everything falls, he not only creates havoc throughout the markets he’s a bottom feeder to get every last morsal he can suck up.
I'm thinking that, since the regulatory power is in the executive branch, if we elected a good faith conservative POTUS in 2012, the abuse of regulatory powers could be minimized.
Code words to the SEIU, code pink, and Acorn to get the busses warmed up! the SEC and NYTimes have 'secretly been promoted' to chief class-envy, pay-envy, penis-envy, (fill in favorite issue here)-envy status! Ever since the Algore lawyers arrived at the SEC in 2001, the machinations available to screw w/markets have skyrocketed! The fact that it took this long is a tribute to the fact that lawyers are math challenged beyond the typical code pink 'spokesman'! The obama v the banks is playing like a ponderously slow poker game, where the 'winner' only has 3 deuces. obama really thinks he can 'fix' the economy with class envy! Zero, still in campaign mode sees his 'redemption' in frying one bank at a time til his 'reelection'.
A what???? Holy crap we are toast!
Right now I see either a Romney or Obama nightmare in our future, but then my visions are always dark....like this current one we are living.
I can’t tell if this is a double-cross or a set-up for BO’s takeover of all business..
I'll believe that this is for real the minute I see Lloyd C. Blankfein or Gary D. Cohn frogmarched into the can.
Obama is counting on that very thing about his entire class-envy base! Come to think of it, neither is the SEC, or the potato heads who will be running the congressional hearings on this frivolous suit!
It will be spun that this was a rogue trader. Throw one nobody VP under the bus in a show trial instead of revealing the dim connected rot at the top of GS.
Perhaps we can “convince” them to be patriotic and help pay off the deficit with all the money they extorted from the American taxpayers.
THIS is the issue the Tea Party should get fired up about! If we have a deficit and no jobs it’s because these guys essentially pulled all the money out of circulation - they aren’t making any jobs with their billions. They’re just gambling more and parking it in offshore and Swiss accounts.
These guys are more corrected than the Dems could ever be.
err, “corrupt,” not “corrected”.
Your right..haha...I just find it interesting they are reporting as they are..especially in light of what Fox is doing..they have pulled on line tv...which was foolish, though I suppose you can pay for it...there are enough sources to get news besides Fox, I think they overplayed that hand...likely the musey who has increased his shareholdings etc.
I’ve been listening to bbc and cnn for the most part...anythign that interests me I check out though...going to countries where the events are happening.
Mean while blogs are alive on the Goldman issue...news traveling fast but needs to be confirmed.
And they're only about 18 months late!
...bookmark.......
Shake Down!!!!
Agreed -a 'Civil' lawsuit? LOL
The big boys new this was coming and are making money off the downside today...
After Carter came Reagan. I think the desire to elect Reagan 2 is there now, but I don’t think Palin is Reagan 2.
That sir is blasphamy, you go to confession and pray for forgiveness :)
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