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Porn subscription bills due? $2-3 billion fine -- can't wait to see how that will be used.
1 posted on 04/26/2010 12:48:36 PM PDT by Rufus2007
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To: Rufus2007

Fire them all and then close down Goldman Sachs

“the blood vampire squid stuck on the face of humanity”


2 posted on 04/26/2010 12:49:44 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: Rufus2007

Will Cramer also get into trouble for misleading investors?


3 posted on 04/26/2010 12:52:07 PM PDT by Mojave (Ignorant and stoned - Obama's natural constituency.)
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To: Rufus2007

“Cramer Predicts...”

Screeching halt!!!!


4 posted on 04/26/2010 12:53:39 PM PDT by PetroniusMaximus
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To: Rufus2007

They will probably pay for the retirement of the current Goldman officials with the ‘Fine’ the ‘company’ is supposed to pay.


5 posted on 04/26/2010 12:57:37 PM PDT by Dacula (Critical thinking Conservative American who believes in our Constitution.)
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To: Rufus2007

If Cramer is as accurate about this as his stock predictions, Goldman has nothing to worry about.


6 posted on 04/26/2010 1:01:38 PM PDT by ozzymandus
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To: Rufus2007

Where did the government get the legal power to do such a thing? If it is not legal, it is pure confiscation!


8 posted on 04/26/2010 1:25:55 PM PDT by Paperdoll ( On the cutting edge)
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To: Rufus2007
Oh NO! Not 2-3 billion dollar fine...I'll bet they're shaking in their boots. The management will probably get a nice severance package to go with those nice bonuses.

This is all for show to make John Q Public think he got some justice, when in reality these people are getting out with a slap on the wrist. A relatively modest fine for one of the largest frauds in history. They made out with tens of billions of stolen tax dollars (i.e. bailout) for their themselves and business allies and they only have to pay a fraction of it back as a "fine."

http://www.washingtonexaminer.com/opinion/Goldman-Sachs-Masters-of-the-Bailout-41741137.html

10 posted on 04/26/2010 1:30:28 PM PDT by old republic
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To: Rufus2007

Hmmmm, Chicago style extortion.


11 posted on 04/26/2010 1:51:47 PM PDT by Parley Baer
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To: Rufus2007

Goldman Sachs and the Art of Ripping Your Clients’ Faces Off

http://www.freerepublic.com/focus/f-news/2500879/posts


13 posted on 04/26/2010 2:14:25 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: Rufus2007

Hah, so much for his breathless, overly earnest assurances straight to the camera the day the story broke that he had sources, oh yes good sources, within Goldman, telling him that there was nothing wrong, it was all above board, blah blah. Youtube links are easily found.


15 posted on 04/26/2010 8:40:03 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: Rufus2007; Mojave
CNBC's Cramer Predicts Goldman to Get Record $2-3 Billion Fine, Management Possibly Let Go

Not bloody likely! Far more likely that after the whatever Financial Reform Charade (which is whipping the popular angst against Goldman Sachs to push it through by "popular demand") passes or gets killed, SEC and Goldman will quietly settle the suit with Goldman not admitting wrongdoing but paying small fine to "compensate" the government's legal expenses, and both sides declaring victory. After Financial Reform is over (either way), so will be the political circus and neither SEC nor Goldman will need or want to spend the huge amounts of time and money and risk adverse result in the trial.

Goldman Sachs Money for Obama Wins at Monopoly: Kevin Hassett - BL, 2010 April 26, by Kevin Hassett

Simply put, the Democratic "financial reform" will do nothing less than create the likes of "Too Big To Fail" Government-Sponsored Enterprises, the Fannies and Freddies of financial industry, and make taxpayers and consumers of all financial services pay for the bailout "slush" fund, while making the likelyhood of systemic failure larger and more likely.

No wonder Democrats are pushing this before or instead of the unpopular "climate change" bill.

16 posted on 04/27/2010 12:06:52 AM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
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To: Rufus2007
[”This is a ridiculous thing Goldman is doing.” The bottom line, according to Cramer is a settlement for “$2 Billion, $3 billion, and management may not stay.”]

Management can get jobs at Treasury, the Federal Reserve, the SEC, or the White House.

18 posted on 04/27/2010 11:43:59 AM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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