"A lie told often enough becomes truth." --Vladimir Lenin. Maybe the corollary is true also: A truth told often enough is seen as the truth. So here's a video that is presented to tell the truth.
Goldman Sachs takes cover behind its "sophisticated cliental" and its claim for not knowing the mortgage market would fail. Because Goldman Sachs has no ethical standards or moral underpinnings for its actions, it feels no remorse or guilt for its fraud and lies.
You can see the video from The Big Picture here
3 COMMENTS:
With Eric "pardon me (for a price)" & "Taxless Timmy" as Mr. No Hope For Change's top appointees, is it any wonder there have been no prosecutions?
Unethical seems totally acceptable..you want to read complete garbage and the type of mindset we as a country are dealing with?...
Lying to Congress
Let’s start with simplest charge: Of course Goldman execs lied to Congress. Everyone lies to Congress. Congress lies to Congress. Who outside of Charlie Sheen wants to air dirty laundry in front of the whole world? Yes I believe Goldman lied but not in they way RS thinks they did. Yes, GS knew these bonds were crappy. Yes, they could have done a better job disclosing all the risks. But as a former CDO manager and investor, I know to review, research, and analyze CDOs independently of Rating Agencies.
http://www.zerohedge.com/article/matt-taibbi-hyperbole-vs-goldman-sachs-reality?
Specific lies cited in this video....where would you be if those lies came out of your mouth?
Blodget:Blankfein Better Business Bureau Bludgeoned By Blatant Big Short
http://tradewithdave.com/?p=6432
Post a Comment