Comments on: Forget Galleon: What about Goldman’s ex-boss?

By: The Jews Who Run Wall Street | Real Zionist News

The Jews Who Run Wall Street | Real Zionist News — Thu, 11 Nov 2010 04:23:47 +0000

[...] finally exposed as a “dual citizen” after being caught buying 50,000 shares of Goldman stock via inside information, Friedman quit the Fed under [...]

By: Paulson & CO, Goldman Sachs, CDO i SEC- Oszczędzanie w Praktyce

Paulson & CO, Goldman Sachs, CDO i SEC- Oszczędzanie w Praktyce — Sun, 18 Apr 2010 16:31:01 +0000

[...] Warto tu jeszcze dodać, że o nieczystej grze największego banku inwestycyjnego wielokrotnie pisał Matt Taibbi między innymi na swoim blogu. [...]

By: sean123

sean123 — Thu, 05 Nov 2009 14:14:15 +0000

Great Article. Where is the rest of the media on this stuff??? Too busy with Balloon Boy.

One mistake though: “Goldman took out billions of these CDS positions with Cassano”

I am sure you meant “Billions of dollars worth of CDS positions”?

By: truthynesslover

truthynesslover — Tue, 03 Nov 2009 20:38:10 +0000

Dude,
The banks have taken over in case you missed something.The same people who got us here {on purpose}are still in charge.

Wake up this is a coup.

By: truthynesslover

truthynesslover — Tue, 03 Nov 2009 20:35:29 +0000

We must have a huge march on Washinngton to show our Reps and president we wont take this anymore.The banks have taken over our treasury and the too big to fail are getting even bigger.If WE dont protest this and show those in power they need to be afraid of US they will take this country down even more.

Whats it going to take?

By: shell4747

shell4747 — Tue, 03 Nov 2009 03:33:04 +0000

Poor Martha Stewart – got good & scared by some insider and did actual time. Meanwhile, these guys… it’s sick.

By: Links 02/11/2009: New Distros Benchmark, Firefox 3.6 Beta | Boycott Novell

Links 02/11/2009: New Distros Benchmark, Firefox 3.6 Beta | Boycott Novell — Tue, 03 Nov 2009 01:27:54 +0000

[...] Forget Galleon: What about Goldman’s ex-boss? It’s kind of amazing that with all the uproar over the Galleon business, nobody is making much hay over the recent revelations about the AIG bailouts, which make former Goldman chief and former New York Fed chairman Stephen Friedman look every bit as guilty of insider machinations as Raj Rajaratnam of the Galleon fund. [...]

By: Near-Paradise Forever Lost? « Out Of My Mind

Near-Paradise Forever Lost? « Out Of My Mind — Mon, 02 Nov 2009 10:29:08 +0000

[...] If I wasn’t an anti-capital punishment absolutist, I would be happy to see this utterly worthless person (actually, I don’t like believing anyone is absolutely worthless) executed. (Actually, the preceding isn’t quite true. I would love to see everyone responsible for the global financial nightmare dead. And look; Team McClatchy has read and processed Matt Taibbi’s Goldman Sachs bashing and having done so, found some merit. So let’s starting offing GS. More execution-worthy sins of Goldman here.) [...]

By: notoriouspat

notoriouspat — Mon, 02 Nov 2009 02:23:03 +0000

“The good parts of capitalism involve developing quality products or services that people recognize as beneficial and will then purchase”

Are you referring to the KFC Famous Bowl, or the internet?

“Profits are nice, but they should not be the focus”

They are, though. Corporations are legally obligated to maximize profits, not ethics or health. . . as if most executives and stockholders weren’t predisposed to do so anyway.

“I’m more in line with the aberration of capitalism you referred to”

This kind of thing is the rule, not the exception. Before the New Deal, about once a decade the crony capitalists would amass enough wealth to gamble the economy on high-risk bets, and eventually lose. Now that those regulations have been gutted, it’s an easy prediction that this will happen again.

By: werealldoomed

werealldoomed — Mon, 02 Nov 2009 02:20:48 +0000

Well, Goldman had a lot invested in AIG – in a sane world where normal bankruptcy would have occurred, Goldman would have lost around half of their investment. That’s the point – they knew they wouldn’t, so they drove them into the dirt. Nothing to do with ethics – just the most fruitful way of recovering your losses.