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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: rolatzi who wrote (17994)	7/1/2009 10:55:24 AM
From: crdesign	Respond to of 50220

good post. Bubble #7 will be their inflation of Gold & PM's; their Swan Song so to speak... After all when you put them in front of a mirror, they are men holding "Sacks of Gold." Happy 4th. Tim

To: rolatzi who wrote (17994)	7/1/2009 12:18:56 PM
From: SliderOnTheBlack	26 Recommendations Read Replies (1) \| Respond to of 50220

Goldman: Bankers, Or Just Mobsters With MBA's? Is Goldman A Continuing Criminal Enterprise? Or, just another public-private partner of the government? And is there really any difference between the two? Are Hank Paulson, Neel Kashkari, and Stephen Friedman et al, the equivalent of John Gotti, Carlo Gambino, and Frank Costello; or just solid citizens, doing government service for the public good? "Is Goldman Legally Frontrunning Its Clients?" Posted by Tyler Durden at 10:25 AM Wednesday, July 1, 2009 Everyone who is anyone on Wall Street has at some point used the Goldman 360 portal whether for research, news, keeping a track of prime brokerage portfolio or, disturbingly, for trading, via the REDI Plus 9.0 platform (now loaded with enhanced algo trading features to make life for you, dear soon to be frontran Goldman client, so much easier). A second widely accepted Wall Street concept is that a disclaimer is the last thing that anyone reads, if ever. Yet after taking a close look at the Goldman disclaimer for the 360 portal, which is an umbrella waiver or all downstream websites, including REDI, one discovers the following gem: Monitoring by GS: Your use of the products and services on this Web site may be monitored by GS, and that the resultant information may be used by GS for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization... zerohedge.blogspot.com ----------------------- "NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary" Posted by Tyler Durden at 1:26 PM Tuesday, June 30, 2009 In a move set to infuriate and send many Zero Hedge readers over the top, the NYSE has taken action to make sure that nobody will henceforth be able to keep track of the complete dominance that Goldman Sachs exerts over the New York Stock Exchange. This basically ends our weekly Program Trading updates disclosed every Thursday indicating that Goldman has singlehandedly captured all of NYSE's program trading... zerohedge.blogspot.com ------------------------- -- 40% of their competition (Bear & Lehman) eliminated via rumor mongering, and bear raid - bank runs. (Guess who led that trade?) -- Bailed out by you and I, the taxpayer. And it wasn't just TARP. tpmmuckraker.talkingpointsmemo.com TARP funds: $10 billion plus AIG securities lending unit: $4.6 billion Maiden Lane III: $5.8 billion AIG collateral: $2.5 billion Total: $22.9 billion plus --AIG used as a money laundering operation to fund the repayment of their TARP funds. bloomberg.com -- King of the naked shorts? bloomberg.com - Shorted the very same bonds they sold. cnbc.com -- Now on pace for record bonuses. reuters.com -- Thanks to a 1% corporate tax rate - because they were able to do something you and I can't do, stuff profits offshore to avoid taxes. bloomberg.com -- Goldman board member Stephen Friedman forced to resign from NY Fed over insider trading questions. dealbook.blogs.nytimes.com -- Now, frontrunning their own clients? zerohedge.blogspot.com -- And also profiting by being the "chosen one" in the governments prop job of the stock market? zerohedge.blogspot.com CEO Lloyd Blankfein got paid $70 million in 2007, and Paulson absconded with a $700 million dollar personal fortune... before becoming Extortionist in Chief for the Treasury Department. And let's not forget that Paulson's bum rush of the SEC is what allowed the Investment Banksters to self-regulate, and lifted the leverage limits on their capital. And it was that leverage more than anything else, that bankrupted the US financial system. tinyrevolution.com Goldman Sachs... Bankers, or just Mobsters with MBA's? SOTB Great job by the Rolling Stones Matt Taibbi. You can read his blog here: trueslant.com And source his original Rolling Stone articles on Goldman here: scribd.com scribd.com