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To: carranza2 who wrote (244532)4/16/2010 7:58:15 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
GS OWNS Geithner, and has ins with the Federal Reserve. Also suspect many employees at the SEC want to work at GS down the road. This may all be intentional to get some of the heat from the public off of everyones backs (Evil WS firm, worthless SEC, etc). People are REALLY ticked off. This lets off some steam, and down the road they quietly kill the activity.

The SEC's track record of impotence makes me suspicious of anything they try and do.



To: carranza2 who wrote (244532)4/16/2010 9:40:50 PM
From: TobagoJackRead Replies (2) | Respond to of 306849
 
mike milken did not break too many laws but was made an example of

perhaps, dare we dream, that gs would meet with the same end

love it

drama



To: carranza2 who wrote (244532)4/17/2010 12:25:32 AM
From: microhoogle!Respond to of 306849
 
I happened to be in one of the seminars today when the host announced the GS news. Lot of clapping around, though there were some who still don't have much idea about the what the fuss is about.



To: carranza2 who wrote (244532)4/17/2010 6:52:22 AM
From: Dan3Read Replies (1) | Respond to 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.