Goldman Sachs Loses $2B----JUSTICE

Discussion in 'Politics' started by Dot Com, Mar 14, 2012.

  1. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    Bottom Line - Goldman Sachs exec Greg Smith quits, saying environment at firm is 'toxic'
    He just clarified what everyone already knew. Too bad the pols are "bought & paid for" [​IMG] in no small part due to & helped by the sham known as Citizens United :puke:

    His resignation newspaper article: http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=1
     
    Last edited: Mar 14, 2012
  2. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    Bottom Line - Goldman Sachs, roiled by 'Muppetgate,' loses $2 billion
     
  3. Baruch Menachem
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    Baruch Menachem '

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    The bank where I worked had a totally different Ethos. They put it in a totally lame acronym:DIRFTC and they used to send out DIRFT notices anywhere from 3 to 10 times per week. It was Do It Right For The Customer. Tellers or bankers or whoever who solved a problem for a customer that made it come out right for both the customer and the bank. This was things like getting the customer a better product mix or fee reversals that resulted in large transfers of funds from competitors.
     
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  4. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    It wouldn't concern me so much but these people bankroll our politicians (buy elections) on both sides of the aisle so pols are VERY reluctant to call them out.
     
  5. Baruch Menachem
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    Baruch Menachem '

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    It may be weird, but Goldman has been on my list of companies I don't care for since the Tesebono crisis back in the mid 90s. They whipsawed the Mexican government on some dollar denominated loans that, after all the dust had settled, left the peso devalued to 10% and Goldman with a huge profit. And the Mexicans were their client.

    Not being the kind of person who would be their client, I still am glad I don't do business with them.
     
  6. OtaniKitano
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    OtaniKitano Active Member

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    Last edited by a moderator: Mar 15, 2012
  7. paulitician
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    paulitician Platinum Member Supporting Member

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    Looks like Obama's good buddy Jon Corzine got it all.
     
  8. occupied
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    occupied Gold Member

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    :eusa_clap::eusa_clap::eusa_clap::eusa_clap:

    Schadenfreude galore on this end.
     
  9. OtaniKitano
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    OtaniKitano Active Member

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    Typical Republican reaction: divert without responding to the subject. Karl Rove has trained you well. Now get back up on your drum, clap your flippers and I'll throw you some more chum.
     
  10. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    If only all Obama contributers had this kind of karma effect them.
     

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