The Down Range Forum

Member Section => Down Range Cafe => Topic started by: Dharmaeye on April 15, 2009, 08:44:44 AM

Title: Goldman Sachs Suspects Under Investigation
Post by: Dharmaeye on April 15, 2009, 08:44:44 AM

One of the master corporate criminals in charge of ransacking the US Treasury in recent years has been investment banker Goldman Sachs. One of their comrade companies has been AIG, the now 80%-owned government insurance company which failed last year and had to be bought out to the tune of $75 Billion worth of taxpayer money. AIG was a conduit company used by Goldman to route those taxpayer funds into their own accounts under the cover of "CDS"---unregulated insurance policies---which AIG had supposedly written to cover losses Goldman suffered as a result of the recent market meltdown.

http://marketclues.blogspot.com/2009_04_01_archive.html#2053570942767086309

Title: Re: Goldman Sachs Suspects Under Investigation
Post by: tombogan03884 on April 15, 2009, 09:41:21 AM

 The REAL criminals are in congress for 1) Not letting badly managed corporations fail and 2) throwing billions more after they wasted the first bailout.

Title: Re: Goldman Sachs Suspects Under Investigation
Post by: jzzr83 on April 15, 2009, 11:38:12 AM

Quote from: tombogan03884 on April 15, 2009, 09:41:21 AM

The REAL criminals are in congress for 1) Not letting badly managed corporations fail and 2) throwing billions more after they wasted the first bailout.

+1