Sunday, November 15, 2009

"...just doing God's work." No one at the New York Times asked if Hasan said those were his words or if he had financial problems ????????

Blankfein thinks he is God?

He hasn't met God yet !

Paulson and Co. dumped Goldman Sachs stock to buy Citigroup shares. No it isn't the company that belongs to the former Secretary of the Treasury. Literally, Paulson and Co. simply gave Goldman Sachs back its stock to purchase their holdings of Citigroup. Interesting isn't it? Just one of those paper things.

Paulson & Co Takes $1.45 Bil Citigroup Stake - Update (Click here)
11/14/2009 3:40 AM ET
(RTTNews) - Hedge fund Paulson & Co., held 300 million shares of Citigroup Inc. valued at $1.45 billion on September 30 and also let go its entire stakes on Goldman Sachs Group Inc. , according to form 13-F filed with the U.S. Securities & Exchange Commission late Friday....


Paulson and Co. - The Hedge Fund (click here)
Chester L.F. Paulson, Founder, Chairman, President (click here)

This is where it gets interesting. It just goes to prove that only a few people run the financial systems of the global markets. They aren't just getting ONE bonus from one program either. Next time Wall Street wants a bailout? Remember these folks are running the entire show and are manipulating their outcomes the way they want it.

There aren't mistakes being made that the government needs to 'bailout.'

None.

This is done purposefully.

The people of the USA need to have the GUTS to 'Just say NO."

These people had the audacity to BLAME THE CONSUMER for the implosion of 'BAD ASSETS.'

Hello? America? Hello, is anyone listening?

BOARD MEMBERS AFFILIATED WITH John Alfred Paulson * (click here)
Alan Greenspan
Deutsche Bank AG
Board Affiliations
Paulson & Co. Inc.


Rufus Putnam Coes
Chief Operating Officer, Paulson & Co. Inc.

BOARD OF DIRECTORS MEMBERSHIPS
Director
Managed Funds Association (click here)
Website of Managed Funds Association in Washington, DC (click here) with Richard Baker as Chief Executive Officer and President.
Richard H. Baker has been Chief Executive Officer and President at Managed Funds Association since February 2008. Mr. Baker has represented Louisiana's sixth congressional district in the U.S. House of Representatives since 1986, is one of the most respected voices in Congress on financial services and capital markets issues. He has been a Senior Member of the House Financial Services Committee where he has played a leadership role on the many debates that have taken ... place in Washington in recent years and championed the objective of safety and soundness in financial industry regulations.


The February 2, 2008 resignation of Republican Richard Baker triggered a special election for Louisiana's 6th district. In anticipation of this election, party qualifying occurred before Baker's resignation. The timeline mirrored that of the 2008 special election for the 1st congressional district. The two elections were the first Louisiana congressional elections not based on Louisiana's jungle primary system since the 1970s.

The egos here are just not to be believed. While "The Ed Show" is calling for a moritorium on Home Foreclosures, the executives at Goldman Sachs are rolling in dough.

...Just when it seemed Wall Street’s most powerful banker (click title to entry - thank you) had jumped headfirst into the transatlantic hullabaloo over the Almighty’s place in the Goldman Sachs bonus pool, we get word from atop 85 Broad Street that Goldman’s chief executive officer was only kidding.
Yes, it’s true, Blankfein did tell a reporter for the Sunday Times of London that he’s just a banker “doing God’s work,” a quote the newspaper couldn’t help but use for the headline of its 6,900-word opus about Goldman last weekend. And, no, Blankfein didn’t mean for these words to be taken seriously, according to the bank’s spokesman, Lucas van Praag.
It was “an obviously ironic, throwaway response,” van Praag told me in an e-mail. “Sort of like saying, ‘I’m living the dream’ in response to a question about how you’re doing.”...



Citicorp Building in New York City skyline.