tag:blogger.com,1999:blog-5724181159639068489.post7796323865996647075..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: Goldman's Insane Gambling ProblemsRobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5724181159639068489.post-61842175031264270272010-08-06T02:23:12.797-04:002010-08-06T02:23:12.797-04:00hermes is not only quick off the mark, but also ve...<b><a href="http://www.replica-luxurybags.com/" rel="nofollow">hermes</a></b> is not only quick off the mark, but also versatile. He invented letters, astronomy and Mathematics. Besides of Tres, he also designed <b><a href="http://www.replica-luxurybags.com/" rel="nofollow">handbag hermes</a></b> . 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Champ Jr: Wall Street Welfare Prince<br /><br />But brutal freemarket ideas don’t apply to members of Manhattan’s genteel farmer class, even billionaires like Norman B. Champ III, who received nearly a half-million dollars in welfare payments for poor farmers, despite the fact that he lives in a multimillion dollar co-op at 828 Park Avenue. From 1995 to 2006, he raked in a total of $405,807 in dairy, corn and soy subsidies via his stake in the Champ family’s dairy farm in Missouri, his home state. Handout-for-handout, even Reagan’s mythic Cadillac-driving Chicago welfare queen and her $150,000 welfare scam got nothing on Champ, who could buy a Lamborghini and still have money left over to reupholster his private jet.<br /><br />Norman B. Champ III, 47, was born into a wealthy, upper-crust Missouri family and lived a privileged life (the Champs had a Missouri village named after them in their honor: the Village of Champ). He graduated summa cum laude from Princeton University, went to England for a masters in war studies from King’s College and earned a law degree—cum laude, of course—from Harvard, after which he finally settled down at Chilton Investment Company, a multi-billion dollar hedge fund. He had added three titles to his name—Executive Vice President, General Counsel, Chief Compliance Officer—by the time the markets crashed. He lost no time jumping ship to a cushy government job with the Securities and Exchange Commission, coming on board in January 2010 to start a new life as a financial regulator at the SEC’s New York Inspections and Examinations Division. He now leads a team of 100 hardworking investigators in a crusade to crack down on the shady dealings of his hedge-fund buddies.<br /><br />http://tinyurl.com/2eaem2kAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-87372080993107950062010-06-16T11:18:55.938-04:002010-06-16T11:18:55.938-04:00What a perfect title for this piece..
Pay Attenti...What a perfect title for this piece..<br /><br />Pay Attention Folks, It's In Your Face<br /><br /><br />And who asked for that "massively too much leverage"? <br /><br />Hank Paulson, who was subsequently promoted to Treasury Secretary and was thus able to cash out his entire position in Goldman Sachs without paying a nickel of tax, and did so "just in time" to avoid the impact of the meltdown.<br /><br /> “Regulators had the authority to control that and eliminate it. We can keep passing laws, but if the regulators don’t have the backbone to enforce the rules and to be realistic, then that’s a different problem.” <br /><br />Regulators have acted in collusion with the "regulated" to lie - an act that on its face meets the definition of "bank fraud", specifically in the case of IndyMac which was allegedly (according to the OTS' OIG report) backdating deposits with knowledge of OTS examiners.<br /><br />What's even worse is that those same examiners were employed during the S&L crisis by the government and did the same thing then.<br /><br />We have a literal thirty year history of "regulators" not only not regulating but being in bed with (in some cases literally) the regulated and conspiring with them to break black-letter laws and regulations.<br /><br /><br />http://tinyurl.com/28nqx4lAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-16950356164538454952010-06-16T10:22:21.394-04:002010-06-16T10:22:21.394-04:00And now for something completely different:
Lates...And now for something completely different:<br /><br />Latest Assault on Goldman Sachs: Bed Bugs?<br />Banking Powerhouse Has Been Spraying in Jersey City, Sources Say; Critters More Common in Offices Then People Think<br /><br />By RICH BLAKE<br />June 15, 2010<br /><br />As if a nearly two-year siege of negative attention hasn't been enough of a distraction for Goldman Sachs, now the controversial investment bank appears to be battling a potential bed bug problem. <br /><br /><br />More here:<br /><br />http://tinyurl.com/268mtvzJRnoreply@blogger.com