Don't you just love Goldman Sachs....

http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/



Feel free to add further Goldmanisms to this thread.

Are you referring to that powerhouse of Capitalism - Goldbum and Sucks ?

:cheesy:

new age standard oil

Nice article

Author's blog http://trueslant.com/matttaibbi/2010/02/19/on-the-bailout-hustle/

elitejets said:

Author's blog http://trueslant.com/matttaibbi/2010/02/19/on-the-bailout-hustle/

Click to expand...

Thanks for that. Tyler Durden (whom he refers to) is the Zerohedge guy I suppose.
Small world.
(A world of gun toting, gold caching, mountain-dwelling, militia perhaps? - who all vote for Ron Paul, if they vote at all? )

http://www.huffingtonpost.com/david-fiderer/the-cdos-that-destroyed-a_b_499875.html

tell you the culprits of aig

Monty
You will love this story, it the squid PR machine at work on the cover of Business Week:

Goldman Sachs: Don't Blame Us
When it comes to its role in the financial crisis, Goldman Sachs has a message for the world: Not guilty. Not one bit

Hang the b@sterds!!!!

http://news.bbc.co.uk/1/hi/business/8625931.stm

WASHINGTON, April 16 (Reuters) - From an Securities and Exchange Commission conference call about charges against Goldman Sachs Group Inc <GS.N>:
* SEC enforcement director Khuzami says agency continues to examine structured
products, other instruments that contributed to financial crisis--conference
call
* Khuzami declines to comment about specifics on other ongoing investigations
* Khuzami says Paulson & Co was not included in charges because it was Goldman
Sachs that distributed marketing materials
* Khuzami says "will pursue aggressively" other incidents of fraud related to
structured products
* GS sold CDO exposure to Germany's IKB, others- complaint
* GS sold cdo exposure to ABN AMRO- complaint
* Khuzami says SEC looking at "wide range of products, transactions, and
practices" related to financial crisis
* Khuzami says "not appropriate" for SEC to comment on whether it will refer
details of Goldman Sachs case to Department of Justice
* Khuzami says debate over Goldman Sachs' fiduciary duty not particularly
relevant in SEC case

i wonder if the GS plunge protection team had to step in on its own stock, hahaha. what a wonderful day

I don't know whether to laugh or ... laugh louder!

too good to be true
I would like to know who s taking the scalps this time

It seems that the USA is becoming more and more like the banana republics.
Integrity and honesty are only distant memories of a bygone age.
What will the crooks get ? A small fine before jumping in again I expect. Not enough stick to deter the up and coming probably. Greed rules ole

Sploshing around in all that dosh does things to a fellow's principles.

N Rothschild said:

i wonder if the GS plunge protection team had to step in on its own stock, hahaha. what a wonderful day

Click to expand...

I was thinking the same thing on Friday as I watched it drop like a stone.

Who they gonna call ? Plung Busters !

It could be be that bloody volcano! But , for whatever reasons, I am holding a short position over the weekend.

Not in Ghana they don't:
http://www.businessinsider.com/how-goldman-sachs-screwed-ghana-2010-4

http://www.guardian.co.uk/business/2010/apr/24/will-goldman-prove-greed-is-god

"Goldman Sachs runs one of Wall Street’s biggest programmatic equity index rebalancing trading desks, but a person familiar with the situation said Goldman Sachs was able to avoid large losses that others experienced. "


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