...that somehow the money changers are exempt from the law? Still today, nothing Bush, Cheney or their cabal including the episode with Wall Street is viewed by Republicans as a criminal act.
I thought the GOP believed in the rule of law. It would not seem the case. All the banks were given a pass on criminal activity when the 2008 collapse occurred. Yet. It was okay for that to be allowed, after all those are all the wealth merchants and bad things happen when they are put on trial.
So. There is NOT justice for all. The American people had to swallow $1.2 Trillion in a vanished economy that is still contracting today and the GOP has the nerve to call it 'tax and spend.' They have it "W"rong. The Bush White House gave a blank check to Wall Street and they had and still don't have any intention of reinvesting in the USA.
Lloyd Blankfein, the chief executive of Goldman Sachs, (click title to entry - thank you) has hired one of America's top criminal defence lawyers to help him address claims that the bank misled clients in the run-up to the financial crisis, and Congress afterwards.
I thought the GOP believed in the rule of law. It would not seem the case. All the banks were given a pass on criminal activity when the 2008 collapse occurred. Yet. It was okay for that to be allowed, after all those are all the wealth merchants and bad things happen when they are put on trial.
So. There is NOT justice for all. The American people had to swallow $1.2 Trillion in a vanished economy that is still contracting today and the GOP has the nerve to call it 'tax and spend.' They have it "W"rong. The Bush White House gave a blank check to Wall Street and they had and still don't have any intention of reinvesting in the USA.
Lloyd Blankfein, the chief executive of Goldman Sachs, (click title to entry - thank you) has hired one of America's top criminal defence lawyers to help him address claims that the bank misled clients in the run-up to the financial crisis, and Congress afterwards.
Shares in the Wall Street bank fell in late trading on Monday when it emerged that Blankfein had retained Reid Weingarten, criminal defence attorney at Steptoe & Johnson. Blankfein turned to Weingarten after the US Department of Justice began investigating the way Goldman sold subprime mortgage securities – the toxic investments that triggered the credit crunch.
Blankfein has also been accused of misleading a Senate committee – a claim that is emphatically denied by Goldman.
Goldman confirmed that both Blankfein and other senior executives at the bank had engaged their own lawyers earlier this year. The move was triggered by the Senate permanent subcommittee on investigations, which in April issued a damning report into Goldman's activities. This report was then passed on to the DoJ....
And the 'Too Big To Fail" crowd seem so like it that way as the Middle Class falls into poverty and the American Dream is out of reach for more people today than in the last quarter century.
"Too Big To Fail" is also "Above the Law." At least until now.
By: cARRIE bAY
And the 'Too Big To Fail" crowd seem so like it that way as the Middle Class falls into poverty and the American Dream is out of reach for more people today than in the last quarter century.
"Too Big To Fail" is also "Above the Law." At least until now.
Goldman Sachs Posts $3 Billion Gain (click here)
10/16/2009By: cARRIE bAY
Just months after paying back billions in bailout funds, Goldman Sachs reported a profit of $3.19 billion for the third quarter, or $5.25 diluted earnings per common share, exceeding analyst expectations by about $1 a share. Goldman’s earnings were up 270 percent for the quarter compared to the same period last year….
A profit? Not income. Profit. Of $3.19 Billion US.
That wasn't for a year, but, a quarter.
Like?
What the fuck?
