Goldman Sach was an investment bank not a retail bank...was not suppose to receive money from the Fed. Reserve. It's violated some law some geezer established a few years ago.
But they got nothing on BNY...except for corporate contracts and equity...dude I don't even know what these guys specialized in.
The root of the mortgage crisis were Bush's campaigns for home ownership, lets face it in republican America thats obviously going to be accepted quiet well. Banks want to make money and the the bush administration gave them a heads up to forget their usual processes and skip any kind of regulation so they could do whatever they want. The semi-smart bankers gave out ridiculous mortgages in order to meet the demand. The mortgage bubble started because people could not actually afford their homes.
See the difference between the government and the banks is that banks like Goldman Sachs hire educated people from ivy league schools who know what their doing. Governments like the U.S, the Italian, the French and the Greek are full of unqualified idiots who have no idea of what their doing. The problem with society today is that the parties want to be favored by the greater mass and therefore they enforce things which will please the greater mass but fuck the country.
@G0JETSG0 TheCarguy974s argument is bad but neither Goldman Sachs or any other Bank is to blame for the Mortgage Crisis. If you look at the facts and form a personal opinion instead of letting bias newspapers and talk shows form it for you you would know that the banks were by law forced to accept the bail out money. Goldman Sachs had no need for it. In most crisis current (debt crisis) and past it is almost always the governments fault.
@TheCarguy974 Unbelievable, the knowledge is out there, do the research for yourself. America is suffering from a recession and Goldman Sachs is cancerous to America's economy, a multi national security and "investment" company, well it turns out most of their investments we're really gambles, and the federal government apparently needed to bail them out using 5.5 billion dollars of the taxpayers money. They are nothing but economical terrorists, you need to look at the facts my friend.
@TheCarguy974 No you don't, the illogical part of you want to work for them, believe me, no man in his right mind would ever want to work for these corrupt scumbags
Goldman Sach was an investment bank not a retail bank...was not suppose to receive money from the Fed. Reserve. It's violated some law some geezer established a few years ago.
But they got nothing on BNY...except for corporate contracts and equity...dude I don't even know what these guys specialized in.
UnitedPebbles 4 weeks ago
@timi000union I agree with you.
TheCarguy974 1 month ago
Long live Goldman Sachs
timi000union 1 month ago
The root of the mortgage crisis were Bush's campaigns for home ownership, lets face it in republican America thats obviously going to be accepted quiet well. Banks want to make money and the the bush administration gave them a heads up to forget their usual processes and skip any kind of regulation so they could do whatever they want. The semi-smart bankers gave out ridiculous mortgages in order to meet the demand. The mortgage bubble started because people could not actually afford their homes.
Buttmonkey1995 3 months ago
See the difference between the government and the banks is that banks like Goldman Sachs hire educated people from ivy league schools who know what their doing. Governments like the U.S, the Italian, the French and the Greek are full of unqualified idiots who have no idea of what their doing. The problem with society today is that the parties want to be favored by the greater mass and therefore they enforce things which will please the greater mass but fuck the country.
Buttmonkey1995 3 months ago
@G0JETSG0 TheCarguy974s argument is bad but neither Goldman Sachs or any other Bank is to blame for the Mortgage Crisis. If you look at the facts and form a personal opinion instead of letting bias newspapers and talk shows form it for you you would know that the banks were by law forced to accept the bail out money. Goldman Sachs had no need for it. In most crisis current (debt crisis) and past it is almost always the governments fault.
Buttmonkey1995 3 months ago
@TheCarguy974 Unbelievable, the knowledge is out there, do the research for yourself. America is suffering from a recession and Goldman Sachs is cancerous to America's economy, a multi national security and "investment" company, well it turns out most of their investments we're really gambles, and the federal government apparently needed to bail them out using 5.5 billion dollars of the taxpayers money. They are nothing but economical terrorists, you need to look at the facts my friend.
G0JETSG0 3 months ago
@G0JETSG0 They are not corrupt. If you want to make a lot of money they probably are the best to work for.
TheCarguy974 3 months ago
@TheCarguy974 No you don't, the illogical part of you want to work for them, believe me, no man in his right mind would ever want to work for these corrupt scumbags
G0JETSG0 4 months ago
If you want to know the truth about a banking career Google and read "The Banker Who Saved His Soul". It gives you first hand experience, no lies.
Bobzeedo 5 months ago