OK Truthmatters

[Truthmatters]

We changed the laws to allow the banks to sell securities.

they all imediately fucked us all.

see how well deregulation works for the American people?

 

[Truthmatters]

The penalty is the biggest involving a Wall Street firm accused of misleading investors before the financial crisis since Goldman Sachs & Co. paid $550 million to settle similar charges last year. JPMorgan Chase & Co. resolved similar charges in June and paid $153.6 million.

All the cases have involved complex investments called collateralized debt obligations. Those are securities that are backed by pools of other assets, such as mortgages.
The penalty is the biggest involving a Wall Street firm accused of misleading investors before the financial crisis since Goldman Sachs & Co. paid $550 million to settle similar charges last year. JPMorgan Chase & Co. resolved similar charges in June and paid $153.6 million.

All the cases have involved complex investments called collateralized debt obligations. Those are securities that are backed by pools of other assets, such as mortgages.


Citigroup Paying $285 Million To Settle Charges Of Misleading Buyers Of Mortgage Securities

Huffington Post.


The origin of your tiny intellect is no longer a mystery.

dear ******* idiot.

they are a respectable news source and ONLY right wing bat shit crazy assholes think they are not.

please PROVE thesse banks were not fined for these actions.

 

[Samson]

Citigroup Paying $285 Million To Settle Charges Of Misleading Buyers Of Mortgage Securities

Huffington Post.


The origin of your tiny intellect is no longer a mystery.

dear ******* idiot.

they are a respectable news source and ONLY right wing bat shit crazy assholes think they are not.

please PROVE thesse banks were not fined for these actions.

 

[Toddsterpatriot]

they LIED to the investors.

they all did it.

Funny they all desided to cheat their investors this way while the broker rules were in limbo huh?

Those poor hedge funds were tricked by untrained bank salesmen. Right.

 

[Truthmatters]

it was evasion.

He never explained WHY the Bush SEC held back the broker rules for 8 long years

did you EVER give a reason why THIS was Not the cause?

not that I ever saw.


The thing COULD NOT have built if the Banks could NOT have rolled all the sub prime into securitues and sold them off without telling buyers that they were in the mix.


IT COULD NOT HAVE HAPPENED.

you know that but you never say WHY the Bush team held back these RULES that were the LAW of the Land.


Its all on the Bush assholes

 

[Truthmatters]

they LIED to the investors.

they all did it.

Funny they all desided to cheat their investors this way while the broker rules were in limbo huh?

Those poor hedge funds were tricked by untrained bank salesmen. Right.

Have you not seen the court cases?

 

[Truthmatters]

Huffington Post.


The origin of your tiny intellect is no longer a mystery.

dear ******* idiot.

they are a respectable news source and ONLY right wing bat shit crazy assholes think they are not.

please PROVE thesse banks were not fined for these actions.

yes we know you have no idea what your talking about asshole

 

[Toddsterpatriot]

they LIED to the investors.

they all did it.

Funny they all desided to cheat their investors this way while the broker rules were in limbo huh?

Those poor hedge funds were tricked by untrained bank salesmen. Right.

Have you not seen the court cases?

Court cases where poor hedge funds were tricked by untrained bank salesmen?
No, haven't seen them.

 

[Truthmatters]

no one answered here either

 

[Samson]

no one answered here either

I'm astonished it only took you two months to create this reply and ressurect this boring thread.

Bravo.