GoldmanSachs666 Message Board

According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage".[1] In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia

Tuesday, November 9, 2010

Goldman Sachs...The Conspiracy, The Control, The Fraud

This is a MUST SEE program.

Jesse Ventura, former Governor of Minnesota and  host of TruTV's program Conspiracy Theory exposes the scam that brought the country into financial ruin.  He exposes - through interviews with Wall Street insiders such as Nomi Prins, former Goldman Executive turned whistleblower and Matt Taibbi reporter for Rolling Stone and author of the "Giant Vampire Squid" label he placed on Goldman.  Also interviewed such people as Rep. Ron Paul in reference to the Federal Reserve offering some very important information which some of us already know but all need to know.
This program exposes the criminal activities, the fraud and the cover ups that lead to the Great Recession we are still in the midst of.

This is a must see program already viewed by thousands but should be viewed by all Americans.  We Americans have been "had".  We have been "duped".  We have been and robbed.  In fact, we are still being robbed.  As I have been saying, a systematic program of stripping Americans of all their assets - money, property, jobs and entitlements - leaving us totally dependent on a government controlled by Wall Street, the Federal Reserve and their true owners - foreign bankers whose families were involved in its inception back in 1913 and will continue control until we, as a nation, decide to dissolve the Federal Reserve.

There have been thousands of views already.  If you like it like I do, then please forward it as well.  America MUST KNOW the truth.  The information in this program just further verifies what I and others have been writing about for years. 

Wall Street Conspiracy with Jesse Ventura...Part 1

Part 2

Part 3


Anonymous said...

Doesn't Uncle Warren own some of the banks?

The biggest mortgage securitization trustees are Bank of New York, Deutsche Bank, Wells Fargo, and US Bank.

The interesting thing about the American Banker article is that the trustees appear to be in a great deal of denial as to how much hot water they are in. No where does the story mention their biggest exposure: that they gave multiple certifications to the investors in the mortgage securtizations that they did indeed have the trust assets. If, as it now appears to be the case, that many mortgage loans were not properly conveyed to the trust (as in endorsed by the originator and all the intermediary parties specified in the contract governing the deal, the pooling and servicing agreement, and finally over to the trust), then all those certifictions were patently untrue. Since investors relied upon these certifications (no one in their right mind would have ponied up for these deals if they had had any doubt that the trust owned the mortgage loans) and the failure to convey the notes is a big cause of problems with foreclosures, it would seem that the trustees are very logical targets for investor litigation.

JR said...

Thanks for the link above which explains the work of the trustee.

Anonymous said...

You really think this is "MUST SEE"?? You've got to be kidding. This is absolutely stupid tin foil hatter idiocy.

Anonymous said...

to the anon above...why?..because you say so?

actually the lunacy is in this article....

Wall Street Collects $4 Billion From Taxpayers as Swaps Backfire

For more than a decade, banks and insurance companies convinced governments and nonprofits that financial engineering would lower interest rates on bonds sold for public projects such as roads, bridges and schools. That failed promise has cost more than $4 billion, according to data compiled by Bloomberg, as hundreds of borrowers from the Bay Area Toll Authority in Oakland, California, to Cornell University in Ithaca, New York, quietly paid Wall Street to end agreements since 2008.

Anonymous said...

I laughed so hard at this thing. Has anyone here actually even attempted to comprehend what's said in this video?

There might be some kind of big conspiracy here, this video gives no evidence at all. It Just says "Goldman Sachs is evil" over and over again. I can't even count how many times circular reasoning was used to prove points.

At some point there's a video of two people talking, one says "So were you called a rat?" The other replies "not to my face". The video plays really threatening music to make it sound like she was saying 'they clearly called me a rat behind my back', when the only EVIDENCE and not OPINION here was "no, i wasn't called a rat".

Do yourself a favor and rewatch the video line by line. Each line, ask yourself "what evidence is given for this statement?". Stop being a sheep.

Larry Rubinoff said...

I appreciate all the various comments. Most of the "allegations" made in this video are not new. Most have been talked about, written about for months now. Evidence on much of this info has been out in the open.

What this video does is put much of what has come out over the past three years into one short piece. If nothing else, it should raise questions that warrants further investigations.

The information about the Federal Reserve is accurate. Most people in this country do believe that the Fed is a government agency. They are not (this is not a conspiracy theory but a fact).

I do, however, find a couple of these anon comments interesting enough to follow through. As suggested, I will re watch this video and analize it "line by line". There may or may not be any evidence given directly in this piece but evidence may have been presented in other places. There may be no evidence given at all on some topics but, as I said, it should prompt us to think and possibly investigate further.

I do want to thank all for their comments as this is what it is rally all about. To create a dialogue offering comments and opinions in addition to news and information.

Having this type of dialogue is how the truth ultimately comes out.

Thank you for viewing our site.

Anonymous said...

Just because you don't hear a tree fall in the woods doesn't mean it wasn't cut....for a decade people have alleged jpm was manipulating silver and now we have evidence of a kangaroo court at the cftc and whistleblowers willing to take their fight to court...fighting city hall was never easy and this is bigger than city hall!

Anonymous said...

If you don't think there is collusion among participants you are probably a beneficiary!

Mr. Smith goes to LAWCAP U

Larry Rubinoff said...

There have been many whistleblowers and much evidence of fraud and wrong doing yet nothing ever happens. It is as if these Too Big To Fail have immunity from the highest levels of government and this immunity seems to pass down to them from administration to administration.

This immunity and cover up is truly a non partisan issue. Why, one must ask, is a Goldman Sachs fraud found, turned into a "civil" case where a insignificant fine can be issued and the whole matter just goes away. Is not fraud by anyone at any level a crime? Why, one must ask can Mr. Mozillo, founder and past Chairman of Countrywide Bank also fined an insignificant fine of 67.5 million (does not change his lifestyle one bit) and then avoid prosecution for the fraud he was accused of and fined for?

Ask why the banks - Goldman Sachs included - are foreclosing on homes they do not own the mortgages on. Ask why our government pays these banks so called "losses" on these foreclosures when they have already been paid in full for these mortgages.

I agree with Anon above when he/she says, "If you don't think there is collusion among participants you are probably a beneficiary!"

Anonymous said...

If this keeps up...people will break down

Thursday, November 11, 2010
Bank of America Allegedly Foreclosing Fraudulently in Kentucky

This sort of abuse is far more serious than robo signing. As much as the likely misconduct here and robo signing would both be considered frauds on the court, the robo signing is arguably cost cutting gone mad and riding roughshod over proper legal procedures. By contrast, this practice has all the appearances of multiple coverups of the fact that Countrywide trust did not have standing to foreclose on the house. The steps undertaken here look to be a deliberate, concerted effort for the bank to get its way, the law be damned. And this clearly took more parties and more thought than the robo signing abuses.

At a minimum, the attorneys at the law firm and the parties at the servicer had to be aware of this device. And if our reading of this document is correct, this is fraud, pure and simple. It’s high time we see some attorneys disbarred and some law firms go out of business as a result of foreclosure chicanery, as well as serious investigations of the people involved in foreclosure litigation at the servicers and the banks’ general counsel’s office.

Larry Rubinoff said...

RE: Anon comment on ILLEGAL foreclosures:
Foreclosures are being done illegally in all 50 states. It is most prominent in the 23 Judicial foreclosure states where the banks MUST go to court to foreclose. In all other states, the mortgage note allows the "owner" of the note to just notice the homeowner and sell the home at auction.

In most cases it is not the "true" owner of the mortgage note that is taking the action to foreclose. This is FRAUD #1.

In most cases the mortgage note DOES NOT EXIST but the fraudulent entity foreclosing is asking the court to grant it a replacement via a "lost note affidavit" whereby they claim that they once had the note but then the note was "lost", "destroyed" or "stolen". Once judge once asked the bank which was it as it could not have been all three and that the bank should have known it the note was lost, destroyed or stolen. He dismissed the case (rare for a judge but he was an honest one). This is FRAUD #2.

In most cases the documentation required to foreclsoure - including the note - are forged and/or created by the bank or banks attorney. In fact, the owner of the David Stearn law offices in Florida - one of the largest foreclsoure mills in the state - actually create4d a company that created false documents with signatures. He sold the company for hundreds of millions of dollars. This is FRAUD #3.

Banks are buying the properties back at auction "with no money" - called a credit sale since they tell the court that they own the mortgage (a lie) therefore do not have to bring money as the court would only have to give it back to them as owner. Now the bank owns the property for absolutely zero dollars. You see, they got their money paid in full plus a profit when they originally SOLD THE LOAN to Wall Street who then sold it to investors worldwide. The banks have no investment in these mortgages at all. This is FRAUD #4.

The courts are allowing and granting foreclosures with incorrect documentation, blatent violation of their statutes and rules of civil procedures. They are accepting the "word" of the bank and not allowing the evidence to prove that the banks do not own the mortgages therefore have no "standing" (no right) to foreclose. There is fraud on the courts and this is FRAUD #5.

The biggest fraud of all is that the government - state and federal - know all of this yet allow it to continue. The bailouts were a fraud and the foreclosures are a fraud. The government led by our Too Big To FAIL and Too Big to Prosecute banks are continueing to scam the public out of what ever we have left.


Anonymous said...

This commentary in Sun sentinel agrees with you Larry..I just do not understand how the public is so apathetic...

After 45 years in the mortgage banking industry, this has not happened by accident and the establishment continues to financially rape not only the American public, but international investors and government agencies alike.

We are dealing with financial fraud so great, probably only the World Court can straighten it out.

Post a Comment