Posted on 04/21/2010 2:46:24 PM PDT by NormsRevenge
WASHINGTON (AFP) US President Barack Obama stated "categorically" Wednesday that the White House had no prior knowledge of civil fraud charges leveled by US regulators against Wall Street giant Goldman Sachs.
The charges against Goldman by the Securities and Exchange Commission came at a pivotal point of his drive to pass what he has billed as the most sweeping reform of risky business practices in the US finance industry in decades.
Asked whether his administration had known about the charges before they were made public on Friday, Obama said "categorically" that it had not.
"The SEC is an entirely independent agency that we have no day to day control over and they never discussed with us anything with respect to the charges that would be brought," Obama said in a CNBC interview.
"This notion that somehow there would be an attempt to interfere in an independent agency is completely false," Obama said.
"We found out about it on CNBC," Obama said.
(Excerpt) Read more at news.yahoo.com ...
This guy is a bald-faced liar.
Obviously, since he said this, then he *did* know, perhaps even directed that it take place.
Yah. Goldman didn’t know about them earlier either, only having received a Wells notice (= a notice that the recipient is subject to an SEC investigation) 9 months ago.
Sheesh. If our GDP could be measured in lies, it would triple.
You want to know when Obama is lying...
When his mouth is moving
I would insist upon an investigation of short stock and long put options positions in GS over the past 30 days.
“Categorically”. You know when you see that word it’s a lie.
US President Barack Obama waves as he returns to the White House after a visit to California, in Washington April 20, 2010. REUTERS/Jonathan Ernst
The media in this country is a disgrace.
I’ve come to understand of this man ... if his mouth is open, he’s lying.
He’s pretending as if this is regulation that’s detrimental to Goldman, not acknowledging that it helps them out.
U.S. President Barack Obama and Vice President Joe Biden smile as they are pictured discussing the Supreme Court vacancy left by the retirement of Supreme Court judge John Paul Stevens with bipartisan members of the U.S. Senate in the Oval Office of the White House in Washington, April 21, 2010. REUTERS/Jason Reed (UNITED STATES - Tags: POLITICS)
Lying SOS!
...only been going on for 7 months
Yeah, and Bill Clinton never had “sexual relations with that woman” either.
Kind of makes me proud to be distantly related to “Pitchfork” Ben Tillman. He shot and killed a person who worked at The State newspaper in Columbia. The man had allegedly printed lies about him.
Right. And Don Corleone was just an olive oil importer.
“No controlling legal authority”, “I have no memory of that incident”, “It depends on what the meaning if ‘is’ is” and now “No prior knowledge of”. Things people say when they are bamboozling you.
You get the government you deserve.
The Won doth protest too much...
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