holy shit. sec charges goldman sachs with fraud?

Discussion in 'Economy' started by blu, Apr 16, 2010.

  1. blu
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    blu Senior Member

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    News Headlines

    this could be quite big. wanted to get the link out, will be searching more info after posting.
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    I sense big billowing clouds of smoke and a Senatorial whitewash/cover-up coming on.
     
  3. blu
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    blu Senior Member

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    yea sadly so. would be awesome to see some of them go to jail though and hopefully this ties to geithner somehow and he gets thrown in with them. I should find the clip with geithner on digg dialougg talking about how GS people are "deeply honorable and ethical" :lol::lol:
     
  4. Neubarth
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    Neubarth At the Ballpark July 30th

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    SEC Accuses Goldman Sachs of Civil Fraud; Shares Tumble- AP

    The government is accusing Wall Street powerhouse Goldman Sachs & Co. of defrauding investors in its disclosures about securities it sold tied to subprime mortgage securities as the housing market was faltering.


    THE OPENING SALVO IN THE WAR AGAINST THE CORRUPT BANKS. THIS MEANS OBAMA HAS DECIDED TO CUT THE STRINGS TO THE MASSIVE CORRUPTION THAT HE INITIALLY BOUGHT IN TO. IF HE PURSUES THIS AND PUTS ALL THESE CORRUPT SONS OF BITCHES IN PRISON WHERE THEY BELONG, HE WILL BE PRESIDENT FOR 8 YEARS.
     
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  5. JWBooth
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    JWBooth Gold Member

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    The Paulson/Bernanke axis of evil that buffaloed D.C. into TARP ought to come crashing down as part of this....it wont, but it ought to.
     
  6. Neubarth
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    Neubarth At the Ballpark July 30th

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    The Obama administration has fired the first salvo in the war against the banks that most of us knew had to come. They are just too corrupt.

    Goldman Sachs is CORRUPTION to the MAX in everything they touch, especially with their ability to move the market up or down with their computer operated trading program that just round robin trades millions of shares per minute. When we saw that on Sixty Minutes nine - ten years ago, we knew it was wrong, but nobody was willing to fight Goldman Sachs, as they controlled everything in New York and Washington with bribes and influence.

    With the looming war in the Middle East and the war on the banks in the US, it is not safe to have your investments in the stock market unless you are short. I put all my money in DXD this morning when I saw that all of the worlds markets were in the red.
     
  7. slackjawed
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    slackjawed Self deported

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    I have very good experiences with keeping my money in livestock (horses and beef), gold, silver, (much of which I mined myself) and firearms. All these items are easily converted to cash.

    What about those things Nuebarth? Good ideas?
     
  8. Neubarth
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    Neubarth At the Ballpark July 30th

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    Good Ideas!!!! You are one of the practical people. Oh, you can not have too much ammunition.
     
    Last edited: Apr 16, 2010
  9. Baruch Menachem
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    Baruch Menachem '

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    Way overdue. Like 16 years overdue.
     
  10. slackjawed
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    slackjawed Self deported

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    maybe longer.
     

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