Wall Street suspects Goldman charges 'not coincidental' to financial reform effort

Discussion in 'Economy' started by Xenophon, Apr 18, 2010.

  1. Xenophon
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    Xenophon Gone and forgotten

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    Wall Street suspects Goldman charges 'not coincidental' to financial reform effort

    Legit move by Barry, or wag the dog for another of his 'takeovers' of the private sector...you decide.
     
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  2. Xenophon
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    Xenophon Gone and forgotten

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  3. The T
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    The T George S. Patton Party Supporting Member

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    [ame="http://www.youtube.com/watch?v=Ek7zc0lJxbM"]Goldman Sachs Bribed Senate To Pass Bailout Bill [/ame]

    The real problem? As to the OP's post 1? I belive the latter. It is precisely
    one of many to come for Government to take over the private sector. Not only is the camel's nose under the tent? The camel is tearing the place apart.
     
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  4. saveliberty
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    saveliberty Diamond Member

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    From what little I've read on this, an investigation is warranted. I was happy to hear limiting the use of derivatives was a priority for 0bama too.
     
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  5. jillian
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    jillian Princess Supporting Member

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    oh... i think they should let the banks do exactly what they did in 2008 to almost crash the world economy. :eek:

    please try not to allow your ODS to warp every aspect of your politics.
     
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  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The weird part is I had a Finance class taught by a professor who was a NYSE Specialist back when it really mattered and he said a "investment bankers short" that is, shorting the overpriced stock you're touting to the public was a legitimate way the bankers made money.
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    Wag the dog.

    Nothing that Barry's merry band of Marxist goons does is designed to do anything but cripple the private sector.
     
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  8. editec
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    editec Mr. Forgot-it-All

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    If the charges against Goldman are true, then that organization ought to be put down via the RICO laws.

    Of course, thanks to the DEREGULATORS in office in the last twenty years, I doubt what they did was illegal.

    UNLESS OF COURSE, they pressured the Moodys or STandard and Poor to evaluate the risk assessments for the financial instruments they were touting.

    Then what they did was FRAUD.
     
  9. Xenophon
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    Xenophon Gone and forgotten

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    How many 'crashes' did the economy have before then?

    I know you think posting 'ODS' is clever but I view it as childish.

    This president continues to act irriponsibly and never considers the long term effects of what he does, calling that out is not 'derangement', but constanting defending is indeed 'derangement' of a different kind.

    You sound just like the Bushbots when I used to call their king on his bullshit.
     
  10. Oddball
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    Oddball BANNED Supporting Member

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    Problem being that GS, along with AIG, was a pass-through for TARP funds going to foreign sources.

    Also, an alarming amount of GS minions end up with jobs in the treasury Department and Fed.

    Like most of everything the current dynasty gets itself involved with, it's a safe bet that they haven't thought through all the ins and outs.
     

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