Goldman Sachs charged with fraud
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TheRealNews asked:
McClatchy’s Greg Gordon explains the SEC’s first case against Goldman Sachs since the financial collapse. For more visit www.therealnews.com
Collectable Kitchen Plates
January 26th, 2010 at 12:24 am
people sleep all day, and goldman and such come around suck people’s money, clothes and rape the people and sperm on people’s face…and people keep sleeping as if nothing happened…
it’s people’s fault…goldman sucks money and blood, while dumb people suck goldman’s anus all day… goldman sachs and such are all smart geniuses, and you poor people have chronic down syndrome…people are the epic fail here…
January 27th, 2010 at 4:23 pm
Thank you for bringing us real news; helping American citizens and not manipulating them.
January 30th, 2010 at 4:53 am
Just more Hope and Change!! Keep shilling for Obama!!
January 31st, 2010 at 11:02 pm
Can we all say Freddie Mac and Fanny Mae? I agree. Charge everyone involved with treason even the congressmen that were told these were junk mortagages and denied it in Congress on TV time after time! Through them all in jail! Our government needs to be as accountable as it’s citizens must be.
February 3rd, 2010 at 5:23 pm
@batfly They are not investing in anything, they are gambling. They have been doing this for years and years and years.
February 4th, 2010 at 6:30 am
@robrrash The problem with THAT, is that simply seizing their assets will reveal their assets to be nothing but smoke and mirrors.
February 9th, 2010 at 12:56 pm
I hope the only stock that skyrockets in price is the Manufacturers of rope so when the American people decide to hang these corrupt brokers in Times Square the demand for rope goes up and the Rope Manufactures’ stock tickers go off the charts. Hang Em’ High
February 9th, 2010 at 4:07 pm
Show case. This is like charging Henry Kissinger with a parking violation after the destruction of most of Indochina.
February 12th, 2010 at 5:08 am
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@WeThePeopleNoNWO
I’m sorry but you’re spouting profound ignorance.
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The single largest factor for the collapse was over a decade of Federal Reserve artificially low interest rate. The next major factor was a housing market that was pushed by the Government Sponsored Enterprises Freddie Mac & Fannie May.
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Those organizations were completely broke but yet massively pushed the housing bubble because Washington bureaucrat used them for political purposes.
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February 14th, 2010 at 3:47 am
@0PsycoDad0 Excellent point. Some politicians believe that islands will tip over and sink if you put more people on them (shown on CSPAN). But what is even more amazing - more stupid - is the people that vote for these politicians. What is their excuse?
February 14th, 2010 at 7:13 am
@kmg501 : Eggzactly!
February 15th, 2010 at 4:06 pm
@iknownothingnow : You nailed it comrade.
February 16th, 2010 at 5:34 pm
The U.S. government charging someone with fooking fraud! You gotta be kidding! Hmmmmmmmm… The pot calling the kettle black?
GS will come out smelling like a rose on this thing. I can see it now: GS awarded 8.235 trillion from U.S. gov’t in out of court settlement as compensation for false accusations. Fooking lawyers will be laughing all the way the bank!
February 19th, 2010 at 2:55 am
betting is not wrong per se, certainly not when there is no fraud.. but this is not horse track
the companies involved in these deals have all the incentives and the means to have things move their way, the wrong way.. easily and unseen for the common consumer gaining a lot of money and causing a lot of damage to everyday people, and isn’t that the real problem?
February 21st, 2010 at 6:48 am
At this point this is only a civil suit. John Paulson is not named in the suit which I thought interesting as he created Abacus 2007-AC1.
This provides a show stage for the politicians to proclaim they will support change and beat their chest stating that THEY are the “good guys”. Advocates of the citizen. Alas, this is for show only.
If this turns into criminal suits (plural) and includes HENRY Hank Paulson, then I can believe this.
February 21st, 2010 at 6:21 pm
LOL and only hours after the “business news” stations cheerfully reported “signs of recovery” on the strength of Wal-Mart sales….
February 24th, 2010 at 3:19 pm
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When is the investigation of the SEC coming…? You think Goldman Sachs is alone…?.
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You people do know that Goldman Sachs is connected at the highest levels of government, right…?
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How much do you people want to bet that only fines will be imposed and no jail time. If there was any jail time the Goldman boys would balk and threaten the connected bureaucrats. You people do remember who were the major contributors to Obama, right…?
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February 26th, 2010 at 12:14 am
i believe in capitalsim, but the u.s. has a special type of capitalism. it’s called-
a PYRAMID SCHEME.
February 27th, 2010 at 2:10 am
Great, it took 19 months since the Wall Street crash of 2008 to get the first fraud charge. My guess is that Goldman Sachs will a slap on the wrist that is a pittance compared to the big bucks they made as a result of this fraud.
February 27th, 2010 at 10:06 am
This is excellent news. Thanx for this.
I’ve been saying for a long time that we should cut-off the thing that is FEEDING the beast.
And bearing in mind that it is the Federal reserve that prints money from its bottemless pit whenever the NWO needs it this is the start of a fantastic way to starve the beast.
This case has set a precedent & many more (they say) will follow.
I really do feel that we are winning against the beast.
I feel that defeating them is now becoming more & more achievable
March 2nd, 2010 at 5:14 am
@2minstral RIGHT ON!
March 3rd, 2010 at 2:46 am
hahahaa, they know people are fed up and fighting back, they’re going to throw each other under the bus.
Payday has come.
March 4th, 2010 at 9:36 am
I read that they will just blame it all on some french trader at their firm. Nothing is going to happen.
March 7th, 2010 at 12:23 pm
THEY SHOULD ALL HANG
EVIL FUCKS