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John H[_2_] John H[_2_] is offline
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First recorded activity by BoatBanter: Aug 2008
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Default Where does the Goldman Sachs money go??

On Sun, 25 Apr 2010 15:13:34 -0400, wrote:

On Sun, 25 Apr 2010 11:53:55 -0600, Canuck57
wrote:

It is probably why Obama is in a snit with Goldman, not enough bribes.
--


Obama went after Goldman to push his financial reform package. The
government is very likely to lose this case simply because what
Goldman did, while sleazy, was not illegal.
They want to make it illegal.
I suspect the result will be companies like Goldman will be split into
two companies (like they had to be before the Clinton administration).
There will be a brokerage company and a trading company, not one
company doing both..


I suspect that whatever happens to Goldman will be in accordance with the
desires of the powers that be at Goldman. Obama isn't going to shoot a gift
horse.
--
John H

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