Discussion in 'Economy' started by Modbert, Jul 15, 2010.
Goldman to pay $550M to settle civil fraud charges - Yahoo! News
should read: The Paulson Lloyd Gangsters and thugs better known as Financial terrorists commit Fraud & Treason then do a 550 Million payoff!
So, they basically paid back a fraction of the bailout they got funneled their way from AIG.
Love that analogy.
It's great for the market. To the investor class GS is the best financial company and is the gold standard.
I doubt the fines exceed how much they ripped off.
I doubt it's even10% of how much they made ripping off their clients.
That's how our American criminal justice system works for the insiders, folks.
It's a drop in the bucket to the $12 BILLION Goldman got from the bailout.
What a charade.
...and the band played on
Goldman almost exclusively deals with upper class people who know what they are buying and selling. their stock will go way up.
American people should file a class action Lawsuit against Goldman, pension funds lost jobs lost, homes etc. the list goes on Fraud & more..
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