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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (561496)4/18/2010 1:29:57 PM
From: longnshort  Respond to of 1577883
 
I wonder if Obama will give back the Goldman monies he got from them



To: tejek who wrote (561496)4/18/2010 1:43:55 PM
From: i-node  Read Replies (2) | Respond to of 1577883
 
>> Are you going to contribute to the Goldman defense fund?

I am astonished that the media continues to look past the REAL problem that led to this crisis. While they (along with Obama) are bashing Paulson and GS for these transactions, it was not Paulson's transactions that brought down the market.

It was the bad loans, made to persons who were totally unqualified, with insufficient equity in the property to assure payment, essentially REQUIRED by CRA under the '96 Clinton regulations.

As far as I can see, this is an attack on the wrong people. If you want to prosecute someone, prosecute Clinton, Dodd, Frank, and others who created the situation that led to this train wreck in the first place.

I realize you're a partisan hack and would NEVER, EVER be intellectually honest (even if you were intellectually CAPABLE) about it.



To: tejek who wrote (561496)4/18/2010 3:15:01 PM
From: Taro  Read Replies (3) | Respond to of 1577883
 
NPR had a pretty good coverage of the Goldman case yesterday.
Quite amazing how they played both sides, creating a losers fund for one major client to short and then selling it off to other clients as a sound investment.

Taro