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(Image: EIB)
'Nuff Said on this.
You people on the right are really, really desperate to block financial reform, aren't you?
The Orwellian tactics you're trying to employ are truly breathtaking in the scope of the pure and utter disregard for facts they employ.
The bank regulation bill will create bailouts!
Goldman shouldn't be investigated because it's "Political"!
Up is Down!
2 + 2 = 5!
War is Peace!
Problem is we can't trust these assholes.
Everything they do is underhanded....sneaky...and always a friggen secret till it's too late for us to stop them.
The "wrong-doers" at Goldman Sachs will never see the inside of a courtroom.
This is just more Kabuki theater from the Boyking empire.
You heard it here first.
Bookmark this post.
The entire process has been very suspicious:
- No letter from the SEC notifying the company in advance.
- No attempt to negotiate a settlement.
- Release of info to press during market hours.
And then there's the bit about how GS has told the investment community that it will benefit from the regulation at the expense of competitors.
Yes. This is Kabuki Theater - with the one alteration that the 30 year old will be sacrificed to the The One.
Your first two allegations are pure speculation, based on blog comments. If you have a credible source, please post it.
The third item is of course ignoring the fact that for the press to hold back on a story that could effect the stock market would be even more disengenuous. Isn't it you guys who are constantly saying "the market will take care of itself"?? And it did.
The entire process has been very suspicious:
- No letter from the SEC notifying the company in advance.
- No attempt to negotiate a settlement.
- Release of info to press during market hours.
And then there's the bit about how GS has told the investment community that it will benefit from the regulation at the expense of competitors.
Yes. This is Kabuki Theater - with the one alteration that the 30 year old will be sacrificed to the The One.
Your first two allegations are pure speculation, based on blog comments. If you have a credible source, please post it.
The third item is of course ignoring the fact that for the press to hold back on a story that could effect the stock market would be even more disengenuous. Isn't it you guys who are constantly saying "the market will take care of itself"?? And it did.
It's a CIVIL suit - no criminal charges have been filed. The fact that the suit was announced during market hours is highly irregular (and even improper as it has a big impact on stock prices). Major news, such as earnings releases, are done after hours so the market has a chance to absorb it instead of giving a few players a chance to cash out on bad news during market hours.
Instead - the buzz is that GS was sucker punched by the SEC:
Goldman Sachs (GS) has yet to respond to the fraud charges the SEC slammed the firm with earlier this morning. This suggests the SEC published its complaint without giving the firm a heads-up in advance.
Normally, the SEC is in close communication with the targets of an investigation as the investigation progresses. This is why you often see SEC complaints filed at the same time that a settlement is announced. (Recall the Bank of America settlement last year, in which the charges and the settlement agreement were made public at the same time).
In this case, however, Goldman appears to have been caught flat-footed. Not only was a settlement not announced, Goldman has not even issued a statement yet.*
Lack Of Fast Response From Goldman Suggests SEC Sucker-Punched The Firm
This is the way people familiar with Wall Street, the SEC, and the stock market view the situation. You are perfectly free to interpret how this unfolded however you wish, but the process has not followed one intended to lead to a negotiated settlement.
Whatever...are you feeling bad for GS?
(Image: EIB)
'Nuff Said on this.
Geeze, you guys can't even come up with original parodies to make your lame points. That same puppeteer thingie once had Cheney pulling the strings for Bush, a far more dangerous situation, by the way, since George Soros is free to invest in any goddamned thing he wants, unless of course the free market doesn't apply to liberal billionnaires, only conservatives.
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the worlds most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my lifes work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the worlds most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my lifes work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the worlds most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my lifes work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the worlds most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my lifes work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
He spent millions supporting a party that he knew would purposely destroy our economy and made billions because of it.
Hedge-funds are where he made it.
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the worlds most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my lifes work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
And as that blogger pointed out?
"This article is quite correct about how Mr. Soros has been calling wolf for most of his illustrious career. A career which has always been based upon stirring up fear and then shorting the market.
But it mistaken to suggest that his theories have been ignored until very recently.
Mr. Obama and the rest of the Democrats have accepted them lock, stock and barrel for some time now.
Of course they didnt have much choice. Having been bought (lock, stock and barrel) by Mr. Soros long ago."
__________________
Interesting that Government policy, and intervention have gone a long way in manipulating it precisely for a Government takeover as Obama and the Statists in the Congress have been doing. Demonizing on one hand, and accepting Political Donations on the other...
When will they cease accepting donations? When Government has completely taken it over? Even then I doubt it.
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the world’s most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my life’s work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
And as that blogger pointed out?
"This article is quite correct about how Mr. Soros has been calling “wolf” for most of his illustrious career. A career which has always been based upon stirring up fear and then shorting the market.
But it mistaken to suggest that his theories have been ignored until very recently.
Mr. Obama and the rest of the Democrats have accepted them lock, stock and barrel for some time now.
Of course they didn’t have much choice. Having been bought (lock, stock and barrel) by Mr. Soros long ago."
__________________
Interesting that Government policy, and intervention have gone a long way in manipulating it precisely for a Government takeover as Obama and the Statists in the Congress have been doing. Demonizing on one hand, and accepting Political Donations on the other...
When will they cease accepting donations? When Government has completely taken it over? Even then I doubt it.
The statement about Soros is simply wrong. He has made a ton of money on both the long and the short side.
People who believe in free markets should be supportive of short sellers because they are important in getting information out into the markets. They make markets work better and more efficiently, which is what free market ideologues purport.
(Image: EIB)
'Nuff Said on this.
Geeze, you guys can't even come up with original parodies to make your lame points. That same puppeteer thingie once had Cheney pulling the strings for Bush, a far more dangerous situation, by the way, since George Soros is free to invest in any goddamned thing he wants, unless of course the free market doesn't apply to liberal billionnaires, only conservatives.
And Soros is free to pull what strings he can including that montage.
*YOU* ignore the Soros role in all of this, and what he's been doing. Tell us when is Obama gonna give back the funds given to him By GS? ANY politician gonna give it back? How about ANY cororate funds?
For you to cal this a 'Conservative Only' club is really stupid, naieve or BOTH. YOU remain blind.
Soros has been a key architect of the financial crisis; his relationship with the Dems is very telling.
George Soros is having a very good crisis. Other investors are wilting, political power structures are being upended and market economists are scrambling to fashion new theories, but the worlds most famous speculator is having a belated heyday.
"It is, in a way, the culminating point of my lifes work," the 78-year-old says in his heavy Hungarian accent during an interview at his London mansion.
Soros: Crisis Is Culmination Of Life?s Work | Sweetness & Light
He spent millions supporting a party that he knew would purposely destroy our economy and made billions because of it.
Hedge-funds are where he made it.
And as that blogger pointed out?
"This article is quite correct about how Mr. Soros has been calling wolf for most of his illustrious career. A career which has always been based upon stirring up fear and then shorting the market.
But it mistaken to suggest that his theories have been ignored until very recently.
Mr. Obama and the rest of the Democrats have accepted them lock, stock and barrel for some time now.
Of course they didnt have much choice. Having been bought (lock, stock and barrel) by Mr. Soros long ago."
__________________
Interesting that Government policy, and intervention have gone a long way in manipulating it precisely for a Government takeover as Obama and the Statists in the Congress have been doing. Demonizing on one hand, and accepting Political Donations on the other...
When will they cease accepting donations? When Government has completely taken it over? Even then I doubt it.
The statement about Soros is simply wrong. He has made a ton of money on both the long and the short side.
People who believe in free markets should be supportive of short sellers because they are important in getting information out into the markets. They make markets work better and more efficiently, which is what free market ideologues purport.
That's fine. However when Soros does it to manipulate things On the market, and toward politics? -IT'S wrong-
~Thank Me.
Soros needs to be brought down a few notches.
More like feeling bad for the U.S.
GS is scummy - but demonizing Wall Street while ignoring how DC and Fannie Mae & Freddie Mac were just as guilty for the financial crisis harms the country.
The real problem is being ignored (and actually reinforced in the financial reforms): privatized profit and socialized risk.
Taxpayers are on the hook for $400B for FM/FM, whose executives cooked the books. Where are the charges against them?
The GS charges are just more Kabuki Theater to distract us from how our government is culpable.
More like feeling bad for the U.S.
GS is scummy - but demonizing Wall Street while ignoring how DC and Fannie Mae & Freddie Mac were just as guilty for the financial crisis harms the country.
The real problem is being ignored (and actually reinforced in the financial reforms): privatized profit and socialized risk.
Taxpayers are on the hook for $400B for FM/FM, whose executives cooked the books. Where are the charges against them?
The GS charges are just more Kabuki Theater to distract us from how our government is culpable.
The right, and the right-wing media have been trying to blame everything on Fannie Mae and Freddie Mac for some time now.
Be that as it may, FM and FM have already been placed into conservatorship by the government. That about as harsh as you can get.
I'm sure another banking crisis is coming, but not for the reasons in the OP. The financial reform bill will mitigate another financial crisis, but Wall Street will find a way to leverage itself up to make enormous profits so they can pay themselves billions of dollars then collapse down knowing that the taxpayer will bail them out. It seems that many think this is OK, so they are opposed to the financial reform bill. Also, the Fed flooding the financial system with enormous amounts of money destabilizes the entire financial system.
