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To: orkrious who wrote (108195)5/2/2010 4:38:53 PM
From: Gib Bogle3 Recommendations  Respond to of 110194
 
Great to see Taiibi vindicated, against those assholes who laughed at him a year ago. I share his cynicism about Dem motives, regarding Dodd's fig-leaf bill. The culture of corruption is so well established that it's hard to see this GS suit as more than a minor blip. I remain convinced that there'll be no significant change in the absence of drastic campaign funding reform - i.e. probably not in my lifetime.



To: orkrious who wrote (108195)5/2/2010 4:56:31 PM
From: carranza2  Respond to of 110194
 
Thanks, his original piece was eye-opening.



To: orkrious who wrote (108195)5/3/2010 12:12:00 PM
From: TH16 Recommendations  Read Replies (2) | Respond to of 110194
 
Ork,

Great stuff. Financial arsonist. I really like that, and this one, "Paulson was choosing, as sexual partners for future visitors to the Goldman bordello, a gang of IV drug users, Haitians and hemophiliacs, then buying life-insurance policies on the whole orgy."

Of course we have Buffet out today saying everything this side of "Lloyd is doing god's work". Buffet is talking his book, and perhaps Goldman got the better end of the deal now, with the old guy taking on the, "poop storm of PR" for them (sorry, couldn't resist a Breaking Bad Saul quote).

So, Buffet is:

1. Stupid and does not understand what Goldman did.
2. Lying to protect his book and continue god's work.
3. Just another corrupt motherfxxxxx rotten to the core like the guys he is backing.

I'll go with two and three, for we know it's not one.

GT
TH



To: orkrious who wrote (108195)5/4/2010 1:16:55 PM
From: Jack Be Quick  Read Replies (2) | Respond to of 110194
 
omfg! (as the young people say) The newly gung-ho SEC discovers naked short-selling. what is the world coming to? <g/ng>
----------------

Goldman disciplined by NYSE, SEC on short sales
marketwatch.com
By Jacob Bunge

The Securities and Exchange Commission and the regulatory arm of NYSE Euronext /quotes/comstock/13*!nyx/quotes/nls/nyx (NYX 31.47, -1.53, -4.64%) disciplined the equities arm of Goldman Sachs & Co. on Tuesday, tied to alleged violations of rules on short-selling stocks.

In December 2008 and January 2009, Goldman Sachs Execution & Clearing LP failed to close out failures to deliver positions on some stocks, while accepting hundreds of short-sale orders in stocks in which the firm had open fail-to-deliver positions, according to a Tuesday notice from NYSE Regulation.

The disciplinary action comes as Goldman Sachs grapples with SEC accusations of civil fraud tied to its dealings in the mortgage market, where the bank stands accused of stacking the deck against its own clients.

Goldman Sachs neither admitted or denied the findings announced Tuesday. NYSE Euronext imposed a censure and a $450,000 fine on the firm, an amount that will be reduced by a $225,000 civil monetary penalty related to proceedings instituted by the Securities and Exchange Commission, according to the notice.

Goldman Sachs & Co. is a unit of parent company, Goldman Sachs Group Inc. /quotes/comstock/13*!gs/quotes/nls/gs (GS 150.57, +1.07, +0.72%) .