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bpuharic

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.

uh huh. it has nothing to do with fraud...

the fact the US lost 9 TRILLION In equity in the last 2
years..well...the rich did that so let's give them a pass

The
government is very likely to lose this case simply because what
Goldman did, while sleazy, was not illegal.

you don't know much about law do you? it's a civil suit, not a
criminal one.

They want to make it illegal.

gee. imagine wanting to make theft illegal.

no wonder the right is up in arms. obama's trying to make fraud by the
rich 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..

we can only hope although prospects for that right now are slim