In article ,
says...

On Wed, 21 Apr 2010 13:06:36 -0400, hk
wrote:

Hundreds, if not thousands, of wall streeters and
bankers and insurance execs should be rounded up, charged with fraud,
conspiracy, and operating a criminal enterprise, and tried.

It would be difficult to find charges that would stick unless you
overturned the constitution. The big outfits like Goldman spend
hundreds of millions every year on top notch legal talent to ensure
that they operate (barely) within the law. If you were able to get
convictions, substantial numbers of donors to your favorite political
party would find themselves in the gray bar hotel and that also seems
unlikely.

Obama wouldn't be on the hot seat to disgorge nearly $1,000,000 from
Goldman employees.

"nom=de=plume" wrote in message
...
"Bill McKee" wrote in message
m...

"bpuharic" wrote in message
...
Yessirree, boy, you got to hand it to the GOP. after the worst
meltdown in 80 years, and fresh from their meeting with the US chamber
of commerce and wall street CEO's to plan on how they're going to
fight regulation of the financial markets, the GOP is getting TOUGH!!
they're going to

investigate the SEC for investigating goldman sachs....

they're not investigating goldman sachs....

they're feelling sorry for the wall street giant that got billions of
public funds...so they're investigaing the cops:

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

way to go!!

This is a political whitewash of Goldman-Sachs and the government. Is a
Civil suit. GS cooperated with the SEC and all of the sudden the SEC
files a civil suit. Not a normal mode of business by the SEC. There
would be meetings and fines and other penalties, before it ever got to a
civil suit. This is a ploy to make it look like they are doing something.

The was talk of criminal charges also. The SEC is, by law, a distinct
agency. I suspect you know little about the inner workings of the SEC. You
certainly haven't demonstrated any knowledge.

--
Nom=de=Plume


Nope, but even the investment community is stating the same thing.
Political more than legal.

"Bill McKee" wrote in message
m...

"nom=de=plume" wrote in message
...
"Bill McKee" wrote in message
m...

"bpuharic" wrote in message
...
Yessirree, boy, you got to hand it to the GOP. after the worst
meltdown in 80 years, and fresh from their meeting with the US chamber
of commerce and wall street CEO's to plan on how they're going to
fight regulation of the financial markets, the GOP is getting TOUGH!!
they're going to

investigate the SEC for investigating goldman sachs....

they're not investigating goldman sachs....

they're feelling sorry for the wall street giant that got billions of
public funds...so they're investigaing the cops:

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

way to go!!

This is a political whitewash of Goldman-Sachs and the government. Is a
Civil suit. GS cooperated with the SEC and all of the sudden the SEC
files a civil suit. Not a normal mode of business by the SEC. There
would be meetings and fines and other penalties, before it ever got to a
civil suit. This is a ploy to make it look like they are doing
something.

The was talk of criminal charges also. The SEC is, by law, a distinct
agency. I suspect you know little about the inner workings of the SEC.
You certainly haven't demonstrated any knowledge.

--
Nom=de=Plume


Nope, but even the investment community is stating the same thing.
Political more than legal.



As I said, you know nothing about the SEC.

--
Nom=de=Plume

On Wed, 21 Apr 2010 07:05:38 -0600, Canuck57
wrote:

On 21/04/2010 4:21 AM, bpuharic wrote:
On Tue, 20 Apr 2010 19:50:53 -0600,
wrote:


ever hear of a filibuster? you aren't up on american politics. i'd
stay out of it if i were you; you might get hurt.

You fail civics? So you can filibuster but it stops nothing.

anybody believe that? anybody? bueller? bueller?

again you know zip about american politics.


investigate the SEC for investigating goldman sachs....

Funny, SEC didn't investigate Obama's buddies at GM, Chrysler, Fannie,
Freddie etc. either.

how many investigations at once? and none of them, except fannie mae,
had an effect on the financial meltdown.

How about like Itally did wih the mafia, 300 at once.

But this government is selective, more like 1935 Germany

more godwin's law hysteria

the rich white boy, bush, threw americans into prision without trial.

the darkie gives middle class people healthcare and the racist canuck
thinks he's a nazi

.. I wonder what
Goldman did to tick off Obama?

the same thing it did to 100,000,000 americans. it damn near
bankrupted us.

but they're rich. so you would gladly eat their ****


you mean because the GOP is now taking orders from wall street? of
course, they always have. that's why they met behind closed doors with
25 representatives of some of the biggest wall street hedge funds
recently

You mean like the Dems took orders from UAW and banks?

the UAW represents american workers

how many american workers earn a billion dollars like the CEO of
goldman sachs?

It was a
democrat congress who created TARP and didn't see any dems complain when
it was misappropriated to corrupt auto.

actually it was alan greenspan, henry paulson, etc. who recommended
it..and they worked for bush

remember paulson's famous edict that he wanted a trillion dollars to
spend ONLY as he saw fit?

typical rich white boy idea.


Now you have Government Motors lobbiests donating government money to
senators and congress people to get elected. Slight conflict of
interest here, government paying for representations advertising. Too
bad you can't see what is wrong with that.

and we have wall street meeting behind closed doors with the GOP to
tell 'em what to do.


Democriters are at least as corrupt, perhaps more as trillions of debt
are being spent on buddies.

i have no doubt the dems are corrupt. the american electoral system
leaves 'em no choice. but at least they've proposed to regulate wall
street instead of sucking their tits


yep. it should be MUCH easier to pierce the corporate veil. the ruling
elite makes it too easy to escape responsibility

You want to put a dent into corporate corruption, you will need to start
by fixing governemnt corruption first. Pretty clear Obama is not going
to prosecut fellow Harvard types like Wagoner for misrepresentation of
GM financials.

gee...more proof you dont know **** about US politics.

the SCOTUS...at least the conservatives...ruled that corporations
could give as much money as they wanted.

so conservatives have ruled that corporate america...not the
voters...run the US.



oh, and any politicians included in voting for bailouts that have
mysteriously benefited from contributions, hang them for treason.

bailouts were necessary. unfortunately. but we dont have to let it
happen again

No they are not, that is a myth used on the weak minded.

really?

ever hear of the great depression? that was YOUR solutoin.

how'd it work out?

On Wed, 21 Apr 2010 12:46:20 -0400, wrote:

On Wed, 21 Apr 2010 07:05:38 -0600, Canuck57
wrote:

I wonder what
Goldman did to tick off Obama?

Somebody had to be charged with something and they picked one with
record profits so they could easily pay the fine

actually the fine is miniscule. what it DOES do is open the flood
gates for civil actions against GS

On Wed, 21 Apr 2010 13:17:54 -0400, Wayne.B
wrote:

On Wed, 21 Apr 2010 13:06:36 -0400, hk
wrote:

Hundreds, if not thousands, of wall streeters and
bankers and insurance execs should be rounded up, charged with fraud,
conspiracy, and operating a criminal enterprise, and tried.

It would be difficult to find charges that would stick unless you
overturned the constitution. The big outfits like Goldman spend
hundreds of millions every year on top notch legal talent to ensure
that they operate (barely) within the law.

and even if they didn't, they'd just pay to get the law changes.

On Wed, 21 Apr 2010 13:33:28 -0400, wrote:



That will not happen. Wall street still has a huge lobby in DC.
There is still a question of whether Goldman actually broke a law. I
know they are sleazy but that is not illegal.

to paraphrase richard nixon, if a rich corporation does it, it's not
illegal

On Tue, 20 Apr 2010 21:59:16 -0700, "Bill McKee"
wrote:


"bpuharic" wrote in message
.. .
Yessirree, boy, you got to hand it to the GOP. after the worst
meltdown in 80 years, and fresh from their meeting with the US chamber
of commerce and wall street CEO's to plan on how they're going to
fight regulation of the financial markets, the GOP is getting TOUGH!!
they're going to

investigate the SEC for investigating goldman sachs....

they're not investigating goldman sachs....

they're feelling sorry for the wall street giant that got billions of
public funds...so they're investigaing the cops:

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

way to go!!

This is a political whitewash of Goldman-Sachs and the government. Is a
Civil suit

because american law does not allow prosecution of the rich for
criminal offenses. no matter WHAT GS did, the law protects the rich

.. GS cooperated with the SEC and all of the sudden the SEC files
a civil suit. Not a normal mode of business by the SEC. There would be
meetings and fines and other penalties, before it ever got to a civil suit.
This is a ploy to make it look like they are doing something.

the SEC should be disbanded and replaced by an agency that has some
teeth...and some indepdendence

On 21/04/2010 10:46 AM, wrote:
On Wed, 21 Apr 2010 07:05:38 -0600,
wrote:

I wonder what
Goldman did to tick off Obama?

Somebody had to be charged with something and they picked one with
record profits so they could easily pay the fine. In real life it was
really a German bank that got screwed in this "fraud" and I have heard
some people who are familiar with the facts that say Goldman may beat
this thing.
Obama can say he tried, Goldman can say they were vindicated and a lot
of lawyers will get a new yacht out of it. (the "boating content")
Isn't that the American way?

Seems to be these days. No end to the corruption.

Wish I could get a $62 billion dollar loan and only pay back $8.1 with
the money raised on more preferred shares.

Then I could afford more than a boat, but a ship.

--
Time to ask, is our government serving us or are we serving the government?

On 21/04/2010 11:06 AM, hk wrote:
On 4/21/10 12:46 PM, wrote:
On Wed, 21 Apr 2010 07:05:38 -0600,
wrote:

I wonder what
Goldman did to tick off Obama?

Somebody had to be charged with something and they picked one with
record profits so they could easily pay the fine. In real life it was
really a German bank that got screwed in this "fraud" and I have heard
some people who are familiar with the facts that say Goldman may beat
this thing.
Obama can say he tried, Goldman can say they were vindicated and a lot
of lawyers will get a new yacht out of it. (the "boating content")
Isn't that the American way?


You guys are a trip. Hundreds, if not thousands, of wall streeters and
bankers and insurance execs should be rounded up, charged with fraud,
conspiracy, and operating a criminal enterprise, and tried.


That should include congress and the president who paid them out.

And I would agree. This corruption has to stop and pretty obvious big
mouth Obama isn't doing squat but making it happen.

--
Time to ask, is our government serving us or are we serving the government?