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crash JP Morgan buy silver mirrored from www.youtube.com
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Archive for category Bankster Gangsters
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Goldman Sachs Conspiracy Eliza McNamara Explains| Goldman Sachs Hudson CDO Said to Be Target of Second SEC Probewww.ElizaMcNamara.com My source is http 10 (Bloomberg) — Another Goldman sachs conspiracy is just beginning to unfold! Goldman Sachs Group Inc.'s $2 billion Hudson Mezzanine collateralized debt obligation, sold in 2006, is the target of a probe by the Securities and Exchange Commission, according to a person with knowledge of the matter.The inquiry into the CDO may not lead to any additional actions against the New York-based securities firm, said the person, who declined to be identified because the investigation isn't public. Michael DuVally, a spokesman for Goldman Sachs, declined to comment, as did SEC spokesman John Nester. The Financial Times reported the probe yesterday.Goldman Sachs shares have fallen 26 percent since the SEC filed a fraud lawsuit against the firm on April 16 that related to its 2007 sale of a CDO called Abacus. Senator Carl Levin, a Michigan Democrat, said in April that Goldman Sachs's sales of CDOs such as Hudson raised "a real ethical issue.""The ethical issue is valid, but Goldman isn't the only investment bank" that sold CDOs, said Ambrose Chang, a Hong Kong-based fund manager at Daiwa SB Investments HK Ltd. "After the financial crisis, all Wall Street banks' reputations have been fundamentally damaged."www.businessinsider.com McNamara feels that they are obviously in the wrong because this has happened sooo many times in the <b>…</b>
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Goldman Sachs Conspiracy Eliza McNamara Explains| Goldman Sachs Hudson CDO Said to Be Target of Second SEC Probewww.ElizaMcNamara.com My source is http 10 (Bloomberg) — Goldman Sachs Group Inc.'s $2 billion Hudson Mezzanine collateralized debt obligation, sold in 2006, is the target of a probe by the Securities and Exchange Commission, according to a person with knowledge of the matter.The inquiry into the CDO may not lead to any additional actions against the New York-based securities firm, said the person, who declined to be identified because the investigation isn't public. Michael DuVally, a spokesman for Goldman Sachs, declined to comment, as did SEC spokesman John Nester. The Financial Times reported the probe yesterday.Goldman Sachs shares have fallen 26 percent since the SEC filed a fraud lawsuit against the firm on April 16 that related to its 2007 sale of a CDO called Abacus. Senator Carl Levin, a Michigan Democrat, said in April that Goldman Sachs's sales of CDOs such as Hudson raised "a real ethical issue.""The ethical issue is valid, but Goldman isn't the only investment bank" that sold CDOs, said Ambrose Chang, a Hong Kong-based fund manager at Daiwa SB Investments HK Ltd. "After the financial crisis, all Wall Street banks' reputations have been fundamentally damaged."www.businessinsider.com McNamara feels that they are obviously in the wrong because this has happened sooo many times in the recent past, when they proclaim their innocence it's like the boy <b>…</b>
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Did Goldman conspire with the Obama administration and the Democratic Party to take a short term fall for the long term payoff of supporting Financial Regulatory Reform and dominating that bureaucracy? Look at how much Goldman contributed to the Dems? Look at how pervasive their influence in the government is. And look at how well positioned their people are at the highest levels of government? How didn't they know? How could the Dems do this? And how could the govt hurt their long term relationship with Goldman? -Goldman Saks Campaign Contributions www.opensecrets.org
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April 2 (Bloomberg) — Bloomberg businessweek's Roben Farzad talks with Erik Schatzker about his reporting on Goldman Sachs Group Inc.'s strategy leading up to and during the financial crisis. Eighteen months removed from the depths of the financial crisis, Goldman posted a $13.4 billion profit in 2009, a Wall Street record. (Source: Bloomberg)
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