tag:blogger.com,1999:blog-5724181159639068489.post7767246197429907262..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: What Will Happen to Goldman Sachs's CEO?RobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5724181159639068489.post-80088513607857042972011-08-25T00:55:39.624-04:002011-08-25T00:55:39.624-04:00Thursday, August 18, 2011
The Real Reason the SEC ...Thursday, August 18, 2011<br />The Real Reason the SEC Has Been Shredding Documents For Decades <br /><br /><br /><br /><br />http://www.washingtonsblog.com/2011/08/real-reason-sec-has-been-shredding.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-42954702267795472762011-08-24T15:12:33.812-04:002011-08-24T15:12:33.812-04:00In the link above, it does not surprise me that on...In the link above, it does not surprise me that one of the perps is a Goldman Sachs guy (Verschleiser). They always seem to learn the wrong lessons and he will fit right in with the other GS guys.Joycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-60501115524161691822011-08-24T13:44:23.843-04:002011-08-24T13:44:23.843-04:00Ever have the need to gag? read this
Report Says:...Ever have the need to gag? read this<br /><br />Report Says: Bear Stearns Executives Sold Illegal RMBS and Covered It Up<br /><br />Former mortgage staffers from Bear Stearns are coming out of the woodworks to explain how Tom Marano’s mortgage group cheated their own clients out of billions. This week I reported at The Distressed Debt Report, EMC insiders say they were told to make up the classification for whole loans, packaged into mortgage securities, to get them switched out of the trust. By classifying the loans as ‘prepaid’ or having ‘subsequent recoveries’ Bear staffers were able to fool the trustee into giving them back loans they were not able to legally service. A move New York Attorney General Eric Schneiderman is actively investigating now.<br /><br />A year latter, when senior executies realized the mishap instead of Bear going out and informing their regulator and applying for a license, they orchestrated a cover up and even threaten EMC staffers not to talk about it. Verschleiser was the head trader for the subprime trading desk reporting directly to Tom Marano. Marano was the head of mortgages for the bank. Verschleiser now works for Goldman Sachs and Marano is CEO of ResCap a division of Ally Bank.<br /><br />http://www.teribuhl.com/2011/08/24/report-says-bear-stearns-executives-sold-illegal-rmbs-and-covered-it-up/Anonymousnoreply@blogger.com