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Obama: No prior knowledge of Goldman Sachs charges
AFP on Yahoo ^ | 4/21/10 | AFP

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 ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government; Politics/Elections
KEYWORDS: bho44; denial; goldmansachs; knowledge; obama; prior; wallstreet
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1 posted on 04/21/2010 2:46:24 PM PDT by NormsRevenge
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To: NormsRevenge

This guy is a bald-faced liar.


2 posted on 04/21/2010 2:48:17 PM PDT by wac3rd (Prepare for the November 2010 Tsunami)
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To: NormsRevenge

Obviously, since he said this, then he *did* know, perhaps even directed that it take place.


3 posted on 04/21/2010 2:48:36 PM PDT by cooldog (Islam is a criminal conspiracy to commit mass murder ... deal with it!)
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To: NormsRevenge

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.


4 posted on 04/21/2010 2:48:46 PM PDT by Attention Surplus Disorder (Voters who thought their ship came in with 0bama are on their own Titanic.)
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To: NormsRevenge

You want to know when Obama is lying...

When his mouth is moving


5 posted on 04/21/2010 2:49:52 PM PDT by Sarah Barracuda
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To: NormsRevenge

I would insist upon an investigation of short stock and long put options positions in GS over the past 30 days.


6 posted on 04/21/2010 2:50:27 PM PDT by the invisib1e hand (John Paulson is the new Michael Milken?)
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To: NormsRevenge

“Categorically”. You know when you see that word it’s a lie.


7 posted on 04/21/2010 2:50:35 PM PDT by toddausauras
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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


8 posted on 04/21/2010 2:51:15 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge

The media in this country is a disgrace.


9 posted on 04/21/2010 2:51:29 PM PDT by JoSixChip (You think your having a bad day?.....Somewhere out there is a Mr. Pelosi!)
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To: wac3rd

I’ve come to understand of this man ... if his mouth is open, he’s lying.


10 posted on 04/21/2010 2:51:34 PM PDT by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: NormsRevenge

He’s pretending as if this is regulation that’s detrimental to Goldman, not acknowledging that it helps them out.


11 posted on 04/21/2010 2:51:59 PM PDT by 9YearLurker
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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)


12 posted on 04/21/2010 2:52:45 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge

Lying SOS!


13 posted on 04/21/2010 2:53:59 PM PDT by tiredoflaundry (I will not be silenced. I WILL REMEMBER IN NOVEMBER)
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To: NormsRevenge

...only been going on for 7 months


14 posted on 04/21/2010 2:56:01 PM PDT by Doogle (IT'S THAT TIME AGAIN....PLEASE donate, because it's the RIGHT thing to do)
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To: NormsRevenge

Yeah, and Bill Clinton never had “sexual relations with that woman” either.


15 posted on 04/21/2010 2:56:08 PM PDT by MissEdie (America went to the polls on 11-4-08 and all we got was a socialist thug and a dottering old fool.)
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To: NormsRevenge
Who knew?


16 posted on 04/21/2010 2:57:14 PM PDT by the invisib1e hand (John Paulson is the new Michael Milken?)
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To: JoSixChip

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.


17 posted on 04/21/2010 2:59:52 PM PDT by MissEdie (America went to the polls on 11-4-08 and all we got was a socialist thug and a dottering old fool.)
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To: NormsRevenge

Right. And Don Corleone was just an olive oil importer.


18 posted on 04/21/2010 3:00:36 PM PDT by circlecity
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To: NormsRevenge

“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.


19 posted on 04/21/2010 3:04:10 PM PDT by JoSixChip (You think your having a bad day?.....Somewhere out there is a Mr. Pelosi!)
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To: NormsRevenge

The Won doth protest too much...


20 posted on 04/21/2010 3:04:16 PM PDT by piytar (Ammo is hard to find! Bought some lately? Please share where at www.ammo-finder.com)
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