The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: carranza2 who wrote (244532)	4/17/2010 6:52:22 AM
From: Dan3	Read Replies (1) of 306849

Re: Who is GS kidding in its latest announcement? I think they're going to claim that fraudulent swindles were legal and encouraged by the SEC (and they have a pretty good case, IMHO). The whole reaganism "greed is good" thing was official policy. Why a market in body parts taken from people who checked off the wrong box on a confusing form wasn't set up is something I still don't get - it seems to be exactly the sort of thing the SEC was encouraging. We'll see how it plays out. If this ends with Goldman being exhonerated and no additional cases being filed then this fall's elections will be interesting. A krystalnacht ending could be in the cards, hopefully without what followed.

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