tag:blogger.com,1999:blog-5724181159639068489.post7830827420679607748..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: "The Doctrine of Odious Debt" Should Include Goldman SachsRobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5724181159639068489.post-65950304801407355172011-12-04T09:57:41.793-05:002011-12-04T09:57:41.793-05:00One area that has been overlooked in the applicati...One area that has been overlooked in the application of the principles of odious debt is at the micro level & personal debt. The US & UK cannot recover properly due to the levels of personal debt in these consumer economies, yet most of the money lent by the banks in the credit boom was not in the interests of the people and can be viewed as a hostile act on the part of the lenders as they also knew many people could not repay it.<br />http://i-went-bankrupt.com/2011/11/28/odious-debt-for-the-people-a-justification-for-defaulting-on-personal-debt/Paul Brodericknoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-18151057925310750752011-11-22T11:50:17.175-05:002011-11-22T11:50:17.175-05:00Thank you for all the excellent comments and links...Thank you for all the excellent comments and links. The Report by Janet Tavakoli is especially important in tying up all the loose ends of the MF Global debacle.Joycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-40828953701455829572011-11-22T05:44:11.580-05:002011-11-22T05:44:11.580-05:00Great Blog!! That was amazing. Your thought proces...Great Blog!! That was amazing. Your thought processing is wonderful. The way you tell the thing is awesome. You are really a master. <a href="http://www.fandoodeals.com/" title="Best deals in india" rel="nofollow"><b>Best deals in india</b> </a>Yash Bhuptaninoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-66176880125435523232011-11-21T22:40:19.798-05:002011-11-21T22:40:19.798-05:00New Peril MF Global Trustee
The MF Global Trustee...New Peril MF Global Trustee<br /><br />The MF Global Trustee (on alleged-rumored urging by the Department of Justice and the SIPC) seeks via court motions to exclude customers from representation in the Bankruptcy Process. Customers, in the form of the customer coalition want to cross balance sheets towards the entities who stole their money (including the CME, Corzine, JPM, Bank of America et al) while the establishment wants to wind this thing down by creating a firewall. <br /><br /><br /><br />http://www.youtube.com/watch?v=upY5b8kvX7o&feature=youtube_gdataCustomers screwednoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-1634714114036866902011-11-21T20:48:02.798-05:002011-11-21T20:48:02.798-05:00The Goldman Rule: Don't Let This Puppet Master...The Goldman Rule: Don't Let This Puppet Master Pull Your Strings<br />November 21, 2011 <br />By Shah Gilani, Capital Waves Strategist, Money Morning<br /> Goldman Sachs Group Inc. (NYSE: GS) Chief Executive Officer Lloyd Blankfein was really on a roll speaking at an investment conference in New York last week.<br /><br />Among other things, he said there's no way we can conclude that a slowdown in banking and trading businesses is "secular, rather than cyclical."<br /><br />That alone was enough to make me laugh. But then he went on to address concerns about pending regulations that are coming as a result of the Dodd-Frank Financial Reform Act. <br /><br />"In our conversations with clients, they have expressed several concerns on the impact to their businesses," Blankfein said, making it clear that his firm will make client interests a theme of its arguments against the regulations. "What Goldman Sachs does for our clients is even more relevant and important."<br /><br />Now that should make you laugh - if, of course, you're not too afraid.<br /><br />The truth is that Goldman Sachs and the rest of the big banks on Wall Street - in the inimitable words of author Michael Lewis from his seminal book Liar's Poker - invariably "blow up" customers to make money for themselves.<br /><br /><br />http://moneymorning.com/2011/11/21/the-goldman-rule-dont-let-this-puppet-master-pull-your-strings/Picked offnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-5285828645804679832011-11-21T18:55:38.501-05:002011-11-21T18:55:38.501-05:00It says a lot about a society where customers can ...It says a lot about a society where customers can be openly robbed, and markets can be blatantly rigged, and even more about the people who defend it and hold it up as an ideal for the rest of the world.<br /><br />This is what the average American mind cannot yet grasp, but those outside the system see it clearly. And it is puzzling to them. How can a reasonably educated and well off people act as such willing fools for those who take such shameless advantage of them? <br /><br />http://jessescrossroadscafe.blogspot.com/2011/11/gold-daily-and-silver-weekly-charts_21.html<br /><br />MF Global Revelations Keep Getting Worse<br /><br /> Shortfall estimated at $1.2 billion or more (up from $600 million)<br /> “Repo-to-Maturity” is a “Total Return Swap-to-Maturity,” a Type of Credit Derivative<br /> Probable Shortfalls Throughout 2011<br /> Regulators Waive Required Tests for Jon Corzine<br /> Jon Corzine to Credit Derivatives Head: Next Time “Double Up”<br /> Questions About How MF Global Became a Primary Dealer<br /> MF Global Wrote Rubber Checks for some Electronic Checks for Others<br /> Tip-Offs for Some Customers?<br /> CFTC’s Gary Gensler Didn’t Act<br /> MF Global Debacle Damages a Key Global Market<br /><br />http://www.tavakolistructuredfinance.com/MFGR.pdfDon't bend overnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-23667700108985917892011-11-21T14:00:33.466-05:002011-11-21T14:00:33.466-05:00Police State Watch: Curling Up In a Ball to
Avoi...Police State Watch: Curling Up In a Ball to <br />Avoid Police Violence May Be Considered “Active Resistance” … <br />Justifying the Use of MORE FORCE, Including Baton Strikes<br /><br />So in today’s “standard” police state procedure, curling into a ball <br />to avoid violence from police is considered “active resistance” which <br />warrants more force, including baton strikes?<br /><br />The real problem, of course, is that the criminal class that <br />defrauded our country out of prosperity is now sending in the <br />mercenaries to keep the peasants in line.<br /><br />http://www.washingtonsblog.com/2011/11/police-state-watch-curling-up-in-a-ball-to-avoid-police-violence-may-be-considered-active-resistance-justifying-the-use-of-more-force-including-baton-strikes.htmlODIOUS, TOO!noreply@blogger.com