[Frantzie]

SAC aka Steven Cohen's hedge fund got a subpeona and more hedge funds are getting them. This will just be a shake down by Hussein for more cash. It is toll. You stole billions - we want a bigger cut.

[screaminsunshine]

Absolutely. The Great American Shakedown rolls on.

[M Kehoe]

One focus appears to be on the use of consultants and soft dollars, SAC noted in the letter.

Insider trading.

Shakedown.

5.56mm

[RinaseaofDs]

The hedge funds, at least from 2005 to 2008, were the ones that went short the entire banking system, and they won.

As far as I’m concerned, they earned every penny of that.

It wouldn’t surprise me to find out that FrontPoint (especially FrontPoint, since they were one of maybe 20 funds that figured out that between the banks and the fed the entire subprime game was rigged, and that they were systematically stealing from both the poor and the middle class) is still shorting the entire system and the feds are going in to try and stop it.

There’s still billions and billions that people can’t figure out where they went. Paulson made Goldman whole at 100 cents on the dollar. That, friends, is a hanging offense. Goldman, and all their filthy bastard henchmen, should be at Pelican Bay in the general population.

“Yup, that guy stole granny’s pension and used it to snort coke of a hookers thigh.”

Along with those freaks should go every crooked congressman that defended Fannie and Freddie.

AIG, believe it or not, was just plain old stupid. What idiot would ensure junk bonds for AAA premiums? AIG would.