tag:blogger.com,1999:blog-5724181159639068489.post386757266802474983..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: Goldman Sachs is Part of the ProblemRobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5724181159639068489.post-16841090608762340592011-10-19T16:03:01.581-04:002011-10-19T16:03:01.581-04:00You know that Occupy Wall Street is on the right t...You know that Occupy Wall Street is on the right track when all the rich CEOs and the rich in general try to discredit it. That will be the next step on the agenda. The rich love their money and can't bear to be parted from any of it even when they are legitimately taxed.Joycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-31262633411840423202011-10-19T14:48:29.359-04:002011-10-19T14:48:29.359-04:00William K. Black on OWS as a Reaction to White Col...William K. Black on OWS as a Reaction to White Collar Fraud<br /><br /><br />#3) Me: Do you feel that your outspoken views preclude you from future government appointments?<br /><br />Mr. Black: My crucial CLGs (“career limiting gestures”) were being a serial whistleblower and helping to cause two presidential appointees (i.e., my bosses) to resign in disgrace. I also played some role in Speaker Wright’s decision to resign in disgrace and the embarrassment of the Keating Five. Pointing out that Geithner was selected because he was a perennial failure and moral cripple, not despite these defects, pales in comparison to those CLGs.<br /><br />http://www.bearishnews.com/post/4628White collar crimenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-26683653105557173192011-10-19T14:35:19.295-04:002011-10-19T14:35:19.295-04:00Latest Attorney General Bailout Plan: Give Banks “...Latest Attorney General Bailout Plan: Give Banks “Get Out of Jail Free” Card for a Few Refis<br /><br />So the banks know that the AGs are carrying a gun loaded with blanks. <br />They also know the AGs have painted themselves in a corner: they’ve <br />floated trial balloons of settlements of $20 billion or more. The banks <br />won’t agree to that for just robosigning, so the only way a deal gets <br />done is for a juicy enough “get out of liability free” card. And that <br />means a release for things the AGs never investigated and have no idea <br />how bad the rot is. As Biden put it, it’s like having a contractor admit<br /> he screwed up on the gutters and agreeing to pay for the damage related<br /> to a resulting leak you had, then offer to give you 10% more if you <br />sign away your rights to sue him over the roof or the foundation. Would <br />any person with an operating brain cell do that? Answer: only AGs who <br />were never going to go after the banks anyhow. Case in point: Illinois <br />attorney general Lisa Madigan, who will sue small fry over mortgage-related frauds<br /> (hat tip Josh Rosner), but won’t go after the big boys. And of course,<br /> we have Miller, who is so deeply identified with this charade that he <br />no doubt feels pressured to get something done in order to save face. <br /><br />http://www.nakedcapitalism.com/2011/10/latest-attorney-general-bailout-plan-give-banks-get-out-of-jail-free-card-for-a-few-refis.htmlGiant sucking soundnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-90130127890978581492011-10-19T11:47:44.694-04:002011-10-19T11:47:44.694-04:00Income Disparity And The 'Price Of Civilizatio...Income Disparity And The 'Price Of Civilization'<br /><br />"I want the people at the top to have responsibility once again. <br />First, to follow the law, because this has been an era of corporate <br />recklessness and scandal and illegality.<br /> "So,<br /> part of civic virtue is being lawful once again. But another part ... <br />is sharing in the responsibility in our society. And I believe that the <br />richest and most powerful people have done very well over the last 30 <br />years — but they have not done right for the American people. And it's <br />time that they do."<br />http://www.npr.org/2011/10/18/141421746/income-disparity-and-the-price-of-civilizationDo the right thingnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-46839764116877284102011-10-19T11:25:54.830-04:002011-10-19T11:25:54.830-04:00Global systemic crisis – First half of 2012: Decim...Global systemic crisis – First half of 2012: Decimation of the Western banks <br /><br />Already<br /> on Wall Street in 2008, Goldman Sachs, Morgan Stanley and JP Morgan had<br /> to suddenly turn themselves into "bank holding companies" to be saved. <br />In the City, the British government had to nationalize a whole swathe of<br /> the country's banking system and to this day the British taxpayer <br />continues to bear the cost because the banks’ share prices have <br />collapsed again in 2011 (22). This is also one of the Western banking <br />system’s characteristics as a whole: these private financial players (or<br /> market listed) are worth practically nothing. Their market <br />capitalization has gone up in smoke. Of course this creates an <br />opportunity for nationalization at low cost to the taxpayer from 2012 <br />because it’s the choice that will be imposed on States, in the United <br />States as in Europe or Japan. Whether it be, for example, Bank of <br />America (23), CitiGroup or Morgan Stanley (24) in the United States, RBS<br /> (25) or Lloyds in the United Kingdom (26), Société Générale in France, <br />Deutsche Bank (27) in Germany, or UBS (28) in Switzerland (29), some <br />very large institutions "too big to fail" will fail. They will be <br />accompanied by a whole swathe of medium or small banks such as Max Bank <br />which has just filed for bankruptcy in Denmark (30).<br /> <br /><br />http://www.leap2020.eu/GEAB-N-58-is-available-Global-systemic-crisis-First-half-of-2012-Decimation-of-the-Western-banks_a7904.htmlNo pulsenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-21899676422063488562011-10-19T11:03:12.409-04:002011-10-19T11:03:12.409-04:00BREAKING: Doug Schoen Grossly Misrepresents His Ow...BREAKING: Doug Schoen Grossly Misrepresents His Own Poll Results To Smear Occupy Wall Street<br /><br /><br />At Capital New York, Azi Paybarah has obtained the full poll results,<br /> and Schoen appears to have grossly misrepresented the results of his <br />poll. He writes that a “large majority” are bound together by support <br />for a “radical redistribution of wealth.” But when he asked the <br />protesters what they’d like the Occupy Wall Street movement to achieve, just 4 percent said “radical redistribution of wealth,” which tied for last on the list of answers given. There is no mention of “radical redistribution of wealth” anywhere else in the poll.<br /><br />http://thinkprogress.org/politics/2011/10/18/347165/breaking-doug-schoen-grossly-misrepresents-his-own-poll-results-to-smear-occupy-wall-street/No integritynoreply@blogger.com