Senate grills Goldman execs on meltdown role

Yahoo News ^ | 04/27/2010 | by Olivier Knox

[MNJohnnie]

Senators demanding answers on what caused the 2008 global economic meltdown were to grill Goldman Sachs chief Lloyd Blankfein Tuesday on the investment giant's alleged role in the collapse.

The US Senate Permanent Subcommittee on Investigations was to question Blankfein and other executives including Fabrice "Fabulous Fab" Tourre, the London-based French national at the heart of US fraud charges against the firm.

[MNJohnnie]

If I were these guys, I would come with a list of all the political donations I made to these "Public Servants" in cluding those to Dear Reader himself, and ask for my money back in my opening statement.

[marstegreg]

A case of the pot calling the kettle black?

(oopsie...is that racist?)

[Clint N. Suhks]

This testimony is fascinating.

I don’t see where they committed anything illegal...so far.

[combat_boots]

In 2006 when Goldman sachs bought 10% in this redistribution of wealth scam, Obama also bought shares of goldman sachs. I have posted this before but it so relevant again. This was all planned and Obama was going to get his share.

Obama 2005 financial filings.

http://www.washingtonpost.com/wp-srv/politics/congress/fin_dis/2005/o000167.pdf

stocks;
AVI biopharma
Sky Terra

mutual fund;
Vanguard

http://www.washingtonpost.com/wp-srv/politics/congress/fin_dis/2006/o000167.pdf
Obama 2006 financial filings;

STOCKS
Purchase GOLDMAN SACHS 2006, 2006, 2006

Mutual funds,
Vanguard
Nuveen
Marshall prime money
PIMCO

http://www.washingtonpost.com/wp-srv/politics/congress/fin_dis/2007/o000167.pdf
2007 FINANCIAL FILINGS

Pretty much the same as 2006.

Obama Vanguard accounts.

http://www.abovetopsecret.com/forum/thread482681/pg1

87 posted on Tuesday, April 27, 2010 2:59:04 AM by OafOfOffice

[silverleaf]

This is political theater- watch for signs of scripting

Blankfein held a fundraiser for Harry Reid just last year

maybe GS has tightened its donations to the dems (or hinted at doing so) and this harmless little charade is a way of reminding Lloyd who his senior partner really is

[jgophel]

This grandstanding is sickening. If you substitute Fannie and Freddie every time one of them says big wall street firm and substitute politician every time they say executives of these big Wall Street firms, you would be amazed at how well it fits.
Any proposed Financial Reform that leaves out Fannie and Freddie and politicians that greased the skids and former politicians that reaped huge personal financial fortunes (salaries and bonuses at Fannie and Freddie) on the backs of taxpayers, is disingenuous at best.
Is the taxpayer on the hook for hundreds of billions for Fannie and Freddie? - Yes
Who was in charge of the mortgage banks? Who made their policies? Who appointed their executives? Who reaped benefits?
Begin to address these, and we’ll talk. Until then, shut up and turn the mirror around.

[seowulf]

oopsie...is that racist?

I don't look at the color of their skin. I look at the content of their hearts.

Of course all of their hearts are black too.

[Bigun]

How come they aren’t grilling Barney Frank and Dicky Durban about the Fannie Mae and Freddie Mac fiasco? After all THEY were the root cause of ALL of this!

[lonestar]

Glenn Beck connected a lot of dots between GS and Obama yesterday.

[Gen-X-Dad]

This is all Kabuki theater for the masses. Corruption is complete. The political class is merely going through the motions with the Wall St. guys. Bailouts for billionaires is alive and well.

[Carley]

The answers are not what the kangaroo court wanted to hear.

[Bigun]

Exactly!

[Carley]

Don’t leave Dodd out of the mix of corrupt pols.

[Bigun]

NO! Please don’t!

[Carley]

The speaker I heard made it clear that not ONE single individual investor was part of their process.

ALL the investors were sophisticated fund MANAGERS with full knowledge of the risks and rewards.

[MNJohnnie]

He is doing it again right now. He is also tying all this to Al Gore’s company and Cap and Trade

[Clint N. Suhks]

Levin doesn’t know what he is talking about!

GS was short for a client not themselves.

[OB1kNOb]

Nothing but a.......

[freekitty]

Believe me the Senators already know and Goldman Sachs and the Senators including Obama and George Soros are all in this together.

[maggief]

0bama
Joyce Foundation
Chicago Climate Exchange
Generation Investment Management
Al Gore
David W. Blood
Goldman Sachs
Hank Paulson
Maurice Strong
Soros
...

More here:

http://www.freerepublic.com/focus/f-news/2501282/posts

//

http://www.muckety.com/Generation-Investment-Management/5000777.muckety

Generation Investment Management
People related to Generation Investment Management:
David W. Blood - co-founder & senior partner
L. John Doerr - advisory board member
Mark Ferguson - managing partner & CIO
Albert A. Gore Jr. - chairman
Peter Harris - managing partner & COO
Peter S. Knight - managing partner
Colin le Duc - managing partner
Miguel Nogales - managing partner
Other current Generation Investment Management relationships:
Ausra, Inc. - investor

Generation Investment Management

http://www.muckety.com/David-W-Blood/29954.muckety

David W. Blood

Gender: Male

David W. Blood lives and/or works in
London, UK.
David W. Blood current relationships:
Acumen Fund - advisory council member
Generation Investment Management - co-founder & senior partner
Hamilton College - trustee
David W. Blood past relationships:
2008 Barack Obama presidential campaign - London fundraiser co-chair
Goldman Sachs Asset Management - CEO