SEC Charges Goldman Sachs with Civil Fraud

April 16, 2010

  • April 16, 2010 at 1:31 am
    Baxtor says:
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    I said from day one that Paulson was for the bailouts because of his personal interest. I hope the FBI gets some balls and goes after these crooks. This was a conflict of interest from day one and we all know AIG paid Goldman Sachs alot of money. Of course if he did get prosecuted, Mr Obama would pardon him, but I say still turn his life upside down and let him stew wondering if he’ll get the pardon.

  • April 16, 2010 at 1:53 am
    TXun says:
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    I agree – all these thieves should get prison time, but that won’t happen. They may pay some fines…and the money will go into some politico’s pocket…and the thieves will write the fine off on their taxes. Once again, the rich will get richer…and the rest of us keep getting screwed.

  • April 16, 2010 at 1:53 am
    Andy Agent says:
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    Baxtor- Paulson & Co. is run by John Paulson. You might be confusing him with Henry Paulson who was head of the Treasury when the bailouts were started. However, Henry Paulson was head of Goldman Sachs before joining the Bush Administration. I do not know if they are related.

  • April 16, 2010 at 1:57 am
    Eliott says:
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    Andy Agent

    Never let the facts get in the way of a good rant.

  • April 16, 2010 at 2:32 am
    Smitty says:
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    If the feds were really serious they’d have criminal prosecutions, and it wouldn’t be just GS.

    The only financial reform we need is a new JUSTICE DEPARTMENT, one that will prosecute EXISTING violations.

  • April 16, 2010 at 2:39 am
    Baxtor says:
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    Thanks Andy you are correct on what I was thinking. I know Henry Paulson’s retirement is wrapped up with GS though, but thanks for the clarification.

  • April 16, 2010 at 2:43 am
    Mongoose says:
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    The two Paulson’s are not related.
    I would like to see the prospectus on the offering to see if it listed the per centage of sub-prime mortgage in the portfillio.

  • April 16, 2010 at 2:53 am
    Al says:
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    Abu Barack Hussein ibn Obooba: Goldman Sachs’ largest recipient of campaign bribes.

    So, does anyone believer that this is really going anywhere?

  • April 19, 2010 at 7:04 am
    Joe says:
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    You’ve no facts and you haven’t read what I wrote about Basel II regs being p/o the cause of the financial crisis, not to mention Fanny Mae and Freddy Mack.

    Please read “The World is Curved” by S. Friedman. Then, I might consider going back-and-forth with you on this issue.

  • April 19, 2010 at 10:44 am
    Joe, friend of DemonRats says:
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    Good point, Al. In fact, most hedge funds contributed far more campaign money to DemonRatic candidates than to Republicans, because the big gov’t, crony capitalism that will keep the hedge funds busy managing mergers and investments for too-big-to-fail firms, is a DemonRatic Party program.

    This will kill small business.

    Hey, all of you sucker, DemonRats. Read the proposed cap-and-trade bill. If it were to pass, you couldn’t sell any property, such as your home or a used car, unless the property was brought up-to-snuff to meet the latest green standards.

    You keeping voting DemonRatic, you fools. You’re so dumb (especially you DemonRats idiots that work for small companies), that you’re voting yourself out of jobs.



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