SEC Charges Goldman Sachs with Civil Fraud

April 16, 2010

  • April 19, 2010 at 12:29 pm
    Al says:
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    Abu Barack Hussein ibn Obooba: Goldman Sachs’ largest recipient of campaign bribes.

    Still true.

  • April 19, 2010 at 12:32 pm
    Joe says:
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    Look, dummy, is $20M more than $11M? Didn’t I and others write that these hedgefunds and banks give more to Demonrats than Republicans?

    Also, crony capitalism works only with a big gov’t system that promotes statism (statism being the state of the EU’s economy) and keeps wealth concentrated in the hands of a few rich and powerful commercial interests that own politicians.

    Also, you phony, pretentious pseudo intellectual, it’s not “Companies like Goldman Sachs…”. What companies like GS? Or, you phony lib punk, did you mean to write ‘Companies such as GS?’

    This English-usage lesson for you is free.

    Get those McMac meals packaged now and stop writing jibberish BS.

  • April 19, 2010 at 12:33 pm
    Decman says:
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    But at least you accept that ALL politicians accept the bribes. My work is done here.

  • April 19, 2010 at 12:36 pm
    Decman says:
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    Joe, you’re beginning to get angry and that’s not very civilised.

  • April 19, 2010 at 12:47 pm
    Joker says:
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    Still waiting on that happy meal Decman. My kids are getting restless in the back seat!

    Silly lib!

  • April 19, 2010 at 12:51 pm
    Joe, the gentle one says:
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    What’s civilised? I doubt that you’re a UK citizen. Or, did you mean civilized?

    Heh, heh, heh. I see that I really got to you by pointing out your total ignorance about the use of ”as versus ‘like.’ Hey, are there companies that love GS?

    Heh, heh, heh.

    Yep, under your skin.

  • April 19, 2010 at 1:06 am
    Joe, enlightener to the World says:
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    Are you really so dense that you can’t understand anything? First, campaign contributions aren’t bribes, because it’s legal to make such contributions.

    Second, if gov’t werent’ overly involved in regulating commerce, then there’d be no need for laws on campaign contributions, b/c there’d be no reason to make such contributions.

    You just too dense to see that you’re voting away your freedoms by voting for any lib, regardless of party affiliation.

    The Demonrats are the party of crony capitalism.

    BTW, you’d better check to see what Republicans received contributions from hedge funds and banks. They ain’t exactly of the Senator Coburn stripe.

  • April 19, 2010 at 4:48 am
    Just Curious says:
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    Joe, you want government to stop regulating commerce. Let’s look at a recent example to see where that gets us.

    The AIG Financial Products Unit was heavily involved in completely unregulated financial transactions. No government involvement. Completely in line with your financial Utopia. So, what happened?

    They effectively destroyed the world economy because they had no hope of meeting their financial obligations when the housing bubble burst and foreclosures multiplied. Only with a government bailout was a second great depression averted and replaced with the great recession. Their failure to meet the cash calls required in their contracts would have made almost every major bank in the world bankrupt over night.

    So what happened to these financial geniuses who almost destroyed the world economy with their recklessness? They are wealthy beyond measure and immune from the the carnage they wrought. Not only that. They constantly whine about how they should be paid even more after the crash.

    This is not the first, second or third time private industry financial recklessness has caused major recessions in my lifetime. Remember the dotcom boom or junk bonds? Each time, some additional regulation is attempted to try and stop this and each time the greedy find new ways to package stuff so it isn’t regulated and they make tons of money until the bottom drops out. Then, the average person suffers and they live in luxery.

    That is the nature of the beast. People like you who act like private industry will act with anything other than their own greed at heart are ignoring history.

    That is your Utopia.

  • April 20, 2010 at 9:47 am
    Smartypants says:
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    too bad I didn’t get in on this earlier but i have 2 questions: how do you connect Mr. Paulson’s activities with President Obaman? what makes you think a pardon would be made at all, let alone by the president? Those are just assertions and it is high time we ask for more than just diatribe here in IJ! How about some real thought to make an opinion based on FACTS? that is why our polity has no civility because it is more like the playground than the classroom, no real discussion, no logic. that is why there is no bipartisanship; it is no longer required and it would force both parties to learn how to comprimise, which has been a lost art lately…



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