Abuse of power: Wall Street suspects Goldman charges 'not coincidental'

teapartysamurai

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Wall Street is more than a little suspicious of today’s charges by the Securities and Exchange Commission, which has accused Goldman Sachs of lying to investors about who was really behind junk mortgages securities it sold to clients.

Barclays banking analyst Roger Freeman comes right out and blasts the SEC effort as “a well-timed, and perhaps not coincidental, effort to sway some on-the-fence Republicans” to get tough on financial reform.
Wall Street suspects Goldman charges 'not coincidental' to financial reform effort

Now you don't have to be a Wall Street expert to understand what is going on around here, and YES it belongs in politics.

It's not about business. It IS about politics. This is about the USSC decision that corporations CAN contribute and make political messages before elections. This scares the crap about of liberal. They want to propagandize the country that all business is eeeeeeeeeevil and only Obama can save them from it.

They can't have free speech where businesses are allowed to fight back. So they need this "reform" to help staunch this.

But it looks like Orwell said a long time ago, some busineses are not as evil as others.

Shades of Chris Dodd.

;)
 

Truthmatters

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Tell us how you are going to win any elections by taking the side of the assholes who crashed the world economy and ruined many American families?

What do you think caused this crash?
 
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teapartysamurai

teapartysamurai

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Tell us how you are going to win any elections by taking the side of the assholes who crashed the world economy and ruined many American families?

What do you think caused this crash?
A large part of it was Freddie, Fannie, Chriss Dodd and Barney Frank.

Guess who stood in the way of reforming that?
 

boedicca

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It's not coincidental. More interesting spin:

Goldman Sachs Group Inc. will benefit from President Barack Obama’s proposal to limit Wall Street risk because it may force its competitors to unwind trading operations, Rochdale Securities analyst Dick Bove said.

Obama called for limiting speculation by financial institutions as a way to reduce the risk of another credit crisis. The proposals would prohibit banks from running proprietary trading operations solely for their own profit and sponsoring hedge funds and private equity funds.

Unlike Goldman Sachs, “banks with large deposit bases have distinct advantages in certain sectors of the market,” Bove wrote in a report today. “If the banks are told they cannot use deposits in this fashion in the future, it ‘levels the playing field’ for companies like Goldman Sachs. This is not a time to sell this stock, it is a time to buy it.” ...


Goldman Will Benefit From Obama?s Proposal, Bove Says (Update2) - Bloomberg.com
 

The T

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What USED TO BE A REPUBLIC RUN BY TYRANTS
Wall Street is more than a little suspicious of today’s charges by the Securities and Exchange Commission, which has accused Goldman Sachs of lying to investors about who was really behind junk mortgages securities it sold to clients.

Barclays banking analyst Roger Freeman comes right out and blasts the SEC effort as “a well-timed, and perhaps not coincidental, effort to sway some on-the-fence Republicans” to get tough on financial reform.
Wall Street suspects Goldman charges 'not coincidental' to financial reform effort

Now you don't have to be a Wall Street expert to understand what is going on around here, and YES it belongs in politics.

It's not about business. It IS about politics. This is about the USSC decision that corporations CAN contribute and make political messages before elections. This scares the crap about of liberal. They want to propagandize the country that all business is eeeeeeeeeevil and only Obama can save them from it.

They can't have free speech where businesses are allowed to fight back. So they need this "reform" to help staunch this.

But it looks like Orwell said a long time ago, some busineses are not as evil as others.

Shades of Chris Dodd.

;)
And Dodd thinks he escapes prosecution by retiring if the truth of this matter really explodes and those whom caused this were held to account.
 

Zona

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Tell us how you are going to win any elections by taking the side of the assholes who crashed the world economy and ruined many American families?

What do you think caused this crash?
AAAAAaaaaannnnnndddddd end the thread. There is nothing that can be said better than this.
 

boedicca

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Tell us how you are going to win any elections by taking the side of the assholes who crashed the world economy and ruined many American families?

What do you think caused this crash?

You poor muddle headed idiot.

Goldman will actually benefit from Obama & Dodd's financial reforms by using the heavy hand of government to hurt the competition.
 

blu

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is this gop hacks trying to excuse goldman sachs illegal behavior in order to attack obama? how pathetic
 

The Rabbi

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Hmm, anyone else think the prosecution is politically motivated to help the Dums in the election bid, in a year when probably Wall St Banks still rank higher in esteem among Americans than Congress?
The whole thing stinks of politics. Looks like Eliot Spitzer running things. I predict after a lengthy trial the judge will throw the whole thing out.
 

editec

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Wall Street is more than a little suspicious of today’s charges by the Securities and Exchange Commission, which has accused Goldman Sachs of lying to investors about who was really behind junk mortgages securities it sold to clients.

Barclays banking analyst Roger Freeman comes right out and blasts the SEC effort as “a well-timed, and perhaps not coincidental, effort to sway some on-the-fence Republicans” to get tough on financial reform.
Wall Street suspects Goldman charges 'not coincidental' to financial reform effort

Now you don't have to be a Wall Street expert to understand what is going on around here, and YES it belongs in politics.

It's not about business. It IS about politics. This is about the USSC decision that corporations CAN contribute and make political messages before elections. This scares the crap about of liberal. They want to propagandize the country that all business is eeeeeeeeeevil and only Obama can save them from it.

They can't have free speech where businesses are allowed to fight back. So they need this "reform" to help staunch this.

But it looks like Orwell said a long time ago, some busineses are not as evil as others.

Shades of Chris Dodd.

;)

Now if you'd been honest, you might have noted that the CRIMES happened on the BUSH II watch, and you might also notice that the SEC was made impotent during his watch, too.

But instead you try to foist the whole mess onto the current regime who, I agree, ought to be putting people into prison for this.

How is it that you can so clearly see the flaws of the current regime, but miss the SAME flaws when Bush II was in office?

This is a serious question, Rabbi, not meant to attack you, but really posed from me to you so that I can better understand your position.

Where was the SEC when this crime was being committed?

WHO was in charge of the SEC when this crime was happening?
 
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