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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (561492)	4/18/2010 1:28:36 PM
From: tejek	Read Replies (3) of 1577704

Are you going to contribute to the Goldman defense fund? Goldman 4/17/2010 12:47 AM EDT I'll boil the situation down to its essence: the taxpayer took trillions in losses and most (not all) Wall Streeters walked away with multi-million dollar fortunes. If you think politicians and Main Street are going to turn the other cheek, I suggest you rethink your position. After the more benign Nasdaq bubble burst, Henry Blodget paid with his career (for awhile), Bernie Ebbers is in jail, and Ken Lay paid with his life. All Bernie did was capitalize some expenses, and Ken refined the art of off-balance-sheet vehicles. How does that compare with the near destruction of our financial system and economy? This will NOT be over until someone--actually, many-- goes to jail. (My bet on one of the first is Angelo Mozilo, but there are plenty of candidates.) All the blather about "contracts", "justice", "sophisticated", and on and on is utterly irrelevant. Ask one of the 20 million unemployed voters about their idea of justice. I have no position on the merits of this Goldman case, because I think the merits are irrelevant. To see what is really relevant, reread the first sentence

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