Jeff Skilling, Bernie Ebbers and Dennis Kozlowski are all rotting in jail.
Why?
Because they cooked the books, took millions in compensation on earnings that only existed on paper, over-valued assets, and manipulated markets.
Their real crime?
They weren’t Goldman Sachs.
Here’s a great clip from yesterday’s Glen Beck show in which he laid out the step by [...]
Glen Beck On Goldman Sachs: The Biggest Crooks In The Room
July 16th, 2009 · No Comments · Politics, Money and Markets
Tags: Beck on Goldman·Glen Beck·Goldman Sachs·The Biggest Crooks In The Room
The Genius of Goldman?
July 14th, 2009 · 45 Comments · Politics, Money and Markets
The Genius of Goldman?
What’s up with the mainstream media acolytes who keep
aluding to the genius of Goldman Sachs?
What genius?
If it wasn’t for their former CEO Hank Paulson bankrupting
their competition (Bear and Lehman) and then extorting
Congress behind closed doors under the threat of martial law,
they wouldn’t even be in business today.
Does having your former CEO [...]
Tags: Genius of Goldman·Goldman Sachs·Hank Paulson·Stephen Friedman
Bailout: Main Street’s message to Wall Street & Washington…
September 30th, 2008 · 5 Comments · The Fed & US Treasury Policy
We don’t believe you.
Not a single word you say.
Why?
Do the words “read my lips - no new taxes” ring a bell?
We didn’t believe you when you said - “the credit crisis is well contained.”
We didn’t believe you when you said - “the worst is now behind us.”
We didn’t believe you when you told us the [...]
Tags: Bankruptcy Reform Act·Goldman Sachs·Hank Paulson·Main St. vs. Wall St.·Wall Street bailout
Did Warren Buffett just cut in line ahead of US Taxpayers?
September 24th, 2008 · 1 Comment · Politics, Money and Markets
If Buffett gets 10% on his $5b for Goldman, what rate of return do the
US Taxpayers deserve on their $700b+ that’s going to go to lesser
quality banks?
And come to think about it, with the DOW up over 100 points
on the news last night, and with Asian banks up today, with
everyone from Buffett to Asian Banks [...]
Tags: $5 Billion·Bailout·Goldman Sachs·Million Man March·Warren Buffett