This was known two years ago! The SEC even settled a case for $550 mil against GS for fraud. I mean wtf is this even being debated and wtf is this news now? And it wasn't just Goldman Sachs, it was all the big banks. JP Morgan is under investigation for securities fraud. Bank of America has litigation up the arse, with about half dozen states suing them, that they're currently battling as we speak. People do your OWN research and don't let these MSM clowns spoon feed you filtered information.
Just ti be clear this report is about GS & Deutsche Bank making money off the collapse of financial system and them making bets against some of their clients. This is not about engineering a failed derivatives system that ultimately led to the collapse there is no desire to dig deeper and get to the root causes.
the sec and justice department, will do nothing, they are all in it together, the most that will happen is fines for crimes and they will keep the ponzi scheme going...
I say get out the recall ballots and the guillitiones.
No the opinion of over 300 million Americans... those congressional whore sold-out on the American people and BAILED THEM OUT with our tax-dollars now they want to press criminal charges?
close your bank accounts; go with credit unions instead. fuck the banks, refuse to participate. if you pay bank fees, you are part of the problem, not the solution
These behaviors are not an abnormality - this is EXACTLY what our system favors and rewards.
The distinction between "the free market" and "croney capitalism" is ONLY meaningful insofar as one can speak of "early onset of cancer" vs being a tumor riddled CORPSE!
Profit based economies which thrive on maintaining and creating SCARCITY positively BREED sociopathic behavior.
When decent people vote independent instead of voting Democratic, all that does is keep the corrupt, plutocratic Republicans in power.
We ran the experiment. We put the Republican Party in control of everything in 2001. The result? Terrorism, war, torture, shredding of the Constitution, arsenic in the water, and then global economic collapse.
So when are these banks going to repay all the money from the bailout? Oh wait, we're not allowed to know where the money went. I trust Bernanke though, it's very unlikely a rich Jew would screw anyone.
@dodododa what does Bernanke's faith tradition have to do with it? he is clearly not a righteous Jew, and Jews are meant to be righteous; he is clearly a Jew by birth only. your comment is bigotted
@cruiscinlan I said "it's very unlikely a rich Jew would screw anyone." If you interpreted that to mean the opposite, you are the bigoted one. What in your experience has lead you to believe that Jews have a higher propensity to screw people in order to get themselves ahead? This is very unsettling, perhaps you need tolerance therapy.
@dodododa interesting response and conclusion re my reply to this comment; you bring up Bernanke's faith in juxtaposition to implicit fraud and wonder why I think you're bigotted and accuse me of bigotry. Interesting logic.
@cruiscinlan Faith has little to do with being a Jew. George Soros is not religious, but is still a Jew. They are a race. A blood sample can detect a Jew as easily as as an Asian or African.
The percentage of Jews living in America is 2.2%.
100% of the major banks have a Jewish CEO.
100% of the Federal Reserve board of Governors are Jewish.
It's either an amazing coincidence, or a large number of Jews are REALLY PASSIONATE about making money above all else.
selling poison as a cure (while having those 'cures' approved by authorities) and betting on a customers death. absolutely risk free opportunity of money making.
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Next scandal Cluster munitions? DWS fund financed by the Deutsche Bank? Advertisement: Top performance with great passion?
bonntv 11 months ago
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@havoctrend and Carl is an honest man too.
havoctrend 11 months ago
@havoctrend and Carl is an honest man too haha
havoctrend 11 months ago
@havoctrend and Carl is an honest man too hahahaha
havoctrend 11 months ago
and Who Owns the Justice Department? Yup the Bankers....
2xtream 11 months ago
"(OFF WIF DARE EADS!"
So, Moxy ... you like the idea of dragging out, "Madame Le Guillotine" for another "WHACK" at the Aristocracy??? LOL
Liberté, égalité, fraternité ... Vive la révolution
Peace,
-Grizz
grizzzlyjoe 11 months ago
GS were in the Treasury Dept under Bush and now under Obama. Nothing has changed. Nothing to see here, move along.
MrSuperpat 11 months ago
Hooray for Carl Levin!
therealaj123 11 months ago
lie,cheat,steal...nothing has changed...
438doug 11 months ago
Whose going to jail????????????????? If we did this we would already be in prison. wtf
makeitallrite11 11 months ago 2
This was known two years ago! The SEC even settled a case for $550 mil against GS for fraud. I mean wtf is this even being debated and wtf is this news now? And it wasn't just Goldman Sachs, it was all the big banks. JP Morgan is under investigation for securities fraud. Bank of America has litigation up the arse, with about half dozen states suing them, that they're currently battling as we speak. People do your OWN research and don't let these MSM clowns spoon feed you filtered information.
seanlaca 11 months ago
mox when I do have money available to donate to others, you are getting some. Love the off wif dare eads!
herzogsbuick 11 months ago
That's what happens when banks are run by Jew.
akamal1113 11 months ago
@akamal1113 Yea... I'm sure that Arabs are much better in Banking :)
TCMoor 10 months ago
Israel owns Bloomberg, but even Israel can't defend Goldman Sachs and Blankfein the Jew anymore.
halcyon0830 11 months ago
Goldman Sachs Sucks!
hatemorethanyou999 11 months ago
justice department is going to get bought off
narutocaprirequest2 11 months ago
You mean they sent the report to the White House?
There are more Goldman Sachs employees at the white house than at Goldman Sachs.
How bout impeaching Obomber for fraud? He appointed all of them.
BadSwineDOTcom 11 months ago
buuulllllshit......bullllssshit....buuuuulshit.
nothing will come of this. Goldman Sachs runs America. Good luck taking them to court and thinking anything will come of it.
DodgyDrifter7 11 months ago 2
how is this different from enron?
alwayzAngry 11 months ago
'The National Razor' could cut this cancer from our country. Head first.
drjacklint 11 months ago
Goldman Sachs lied & committed fraud? Oh, no, never!
(/sarcasm)
Corin91 11 months ago
oh shit!!! mox is recording bloomberg channel now!!!!!! YAY THANKS MOX
FreedomAtRisk 11 months ago 14
Nothing will actually be done about this report. Obama wont allow it.
MiClLC 11 months ago
Just ti be clear this report is about GS & Deutsche Bank making money off the collapse of financial system and them making bets against some of their clients. This is not about engineering a failed derivatives system that ultimately led to the collapse there is no desire to dig deeper and get to the root causes.
Provakator 11 months ago
Oh, Goldman Sachs will be just fine...folks. They own the White House.
UtubeAdminSucksAss 11 months ago 2
just us department.
jag10 11 months ago
I guess this means they get another raise
OhNoyate 11 months ago
the sec and justice department, will do nothing, they are all in it together, the most that will happen is fines for crimes and they will keep the ponzi scheme going...
I say get out the recall ballots and the guillitiones.
ADULTEDUCATION4U 11 months ago
'That's not my opinion"
No the opinion of over 300 million Americans... those congressional whore sold-out on the American people and BAILED THEM OUT with our tax-dollars now they want to press criminal charges?
Please...
North2016 11 months ago 12
This is only one of the reasons these folks should be going to jail.
Look at who Spitzer was trying to prosicute when he was taken down in the $8,500 hooker deal.
THINKINGFREEMAN 11 months ago
I've ordered a shipment of pitch forks.
jawayetti 11 months ago
@jawayetti I'll order the torches !
THINKINGFREEMAN 11 months ago
financialterrorists (dot) org
marniespeaks 11 months ago
close your bank accounts; go with credit unions instead. fuck the banks, refuse to participate. if you pay bank fees, you are part of the problem, not the solution
cruiscinlan 11 months ago 2
These behaviors are not an abnormality - this is EXACTLY what our system favors and rewards.
The distinction between "the free market" and "croney capitalism" is ONLY meaningful insofar as one can speak of "early onset of cancer" vs being a tumor riddled CORPSE!
Profit based economies which thrive on maintaining and creating SCARCITY positively BREED sociopathic behavior.
OuTofJoY 11 months ago
@OuTofJoY Well said, summed up nicely.
zebbedi 11 months ago
research first then vote independent and send a message to dems and repubs.
JESUStheATHEIST1 11 months ago
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@JESUStheATHEIST1
When decent people vote independent instead of voting Democratic, all that does is keep the corrupt, plutocratic Republicans in power.
We ran the experiment. We put the Republican Party in control of everything in 2001. The result? Terrorism, war, torture, shredding of the Constitution, arsenic in the water, and then global economic collapse.
ReliableInsider 11 months ago
600 pages that no one will ever read... Thank You Government.
DackIsBack 11 months ago
Does this really shock anybody... Goldman sachs is controled by sub-human joos..
lotsofbiggunsagain 11 months ago
So when are these banks going to repay all the money from the bailout? Oh wait, we're not allowed to know where the money went. I trust Bernanke though, it's very unlikely a rich Jew would screw anyone.
dodododa 11 months ago 2
@dodododa what does Bernanke's faith tradition have to do with it? he is clearly not a righteous Jew, and Jews are meant to be righteous; he is clearly a Jew by birth only. your comment is bigotted
cruiscinlan 11 months ago
@cruiscinlan I said "it's very unlikely a rich Jew would screw anyone." If you interpreted that to mean the opposite, you are the bigoted one. What in your experience has lead you to believe that Jews have a higher propensity to screw people in order to get themselves ahead? This is very unsettling, perhaps you need tolerance therapy.
dodododa 11 months ago
@dodododa interesting response and conclusion re my reply to this comment; you bring up Bernanke's faith in juxtaposition to implicit fraud and wonder why I think you're bigotted and accuse me of bigotry. Interesting logic.
cruiscinlan 10 months ago
@cruiscinlan Faith has little to do with being a Jew. George Soros is not religious, but is still a Jew. They are a race. A blood sample can detect a Jew as easily as as an Asian or African.
The percentage of Jews living in America is 2.2%.
100% of the major banks have a Jewish CEO.
100% of the Federal Reserve board of Governors are Jewish.
It's either an amazing coincidence, or a large number of Jews are REALLY PASSIONATE about making money above all else.
dodododa 10 months ago
Read up on the articles by Matt Taibbi of Rolling Stone magazine for a good view on this, this banking shit casino we are living with.
beltonism 11 months ago
1:50 wonderful business!
selling poison as a cure (while having those 'cures' approved by authorities) and betting on a customers death. absolutely risk free opportunity of money making.
yutuboslaven 11 months ago
SHUT THEM DOWN!!! Israel fucking owns the key parts in government so they'll get ANOTHER pardon.
DvineGaming 11 months ago
"Deutsche Bank (...) assets that its traders refereed to as crap..."
lol
donnyforte2 11 months ago
>:)
iTellYouNoLie 11 months ago
"they have a lot to work with"
ya think so?
>:P
iTellYouNoLie 11 months ago