[FromLori]

ping

related

http://online.wsj.com/article/SB10001424052748704130904574644693895033518.html?mod=WSJ_hpp_sections_opinion

[DontTreadOnMe2009]

The pot calling the kettle black.

[jsh3180]

Here’s a hell of an article from Catherine Austin Fitts about Goldman and the creature known as The Vampire Squid.

http://solari.com/blog/?p=5590

[stephenjohnbanker]

Ping

[SonOfDarkSkies]

The question I have is who is Robert Wenzel, the blogger at EconomicPolicyJournal.com.

I don't disagree that this article MAY be accurate, but, at this point, it all depends on the credibility of the author...and I can't seem to find a bio on this guy.

[SonOfDarkSkies]

I retract my comment (if it were only possible). I see the post is a blogger's post at the Economic Policy blog of an article in the WSJ by HOLMAN W. JENKINS, JR.

The actual Journal article title is

"Can AIG Be Saved?"

-- The former chairman wonders why Goldman Sachs got paid in full on its AIG exposure while AIG itself was forced into slow-motion liquidation).

BTW, should this post be in "bloggers and personal" the way it is posted.

[stephenjohnbanker]

Goldman sold financial instruments they knew were overvalued, changed the terms of their collateralization in midstream, then shorted the $hit out of what they were selling. Meanwhile, back at the White House, Paulson made sure that
one of Goldman’s biggest competitors, Lehman Bros. was allowed to fail.....Advantage, Goldman Sachs. Nice home run.

[STONEWALLS]

...instead of bitching about Goldman Sachs some of these guys need to put shares of GS in their portfolio...why let self righteous indignation get in the way of making money?

[decimon]

The full article, and interview, was done by one Holman W. Jenkins, Jr.

[bray]

That whole meltdown was orchestrated to make GS and the gummit control the banking industry. There were some powerful people behind it.

Pray for AMerica’s Freedom