Goldman to pay $550M to settle civil fraud charges

Discussion in 'Economy' started by Modbert, Jul 15, 2010.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    Goldman to pay $550M to settle civil fraud charges - Yahoo! News

    Thoughts USMB?
     
  2. hvactec
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    hvactec VIP Member

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    should read: The Paulson Lloyd Gangsters and thugs better known as Financial terrorists commit Fraud & Treason then do a 550 Million payoff!
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    So, they basically paid back a fraction of the bailout they got funneled their way from AIG.

    Whoop-de-doo.
     
  4. topspin
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    topspin BANNED

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    Love that analogy.
    It's great for the market. To the investor class GS is the best financial company and is the gold standard.
     
  5. editec
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    editec Mr. Forgot-it-All

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    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.
     
  6. Oddball
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    Oddball BANNED Supporting Member

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    It's a drop in the bucket to the $12 BILLION Goldman got from the bailout.

    What a charade.
     
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  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    ...and the band played on
     
  8. topspin
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    topspin BANNED

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    Goldman almost exclusively deals with upper class people who know what they are buying and selling. their stock will go way up.
     
  9. hvactec
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    hvactec VIP Member

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    American people should file a class action Lawsuit against Goldman, pension funds lost jobs lost, homes etc. the list goes on Fraud & more..
     
  10. topspin
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    topspin BANNED

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    Simpletons
     

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