goldman, sachs and co. charged with fraud , page-105

  1. 302 Posts.
    Just finished watching the 7:30 Report on the ABC.

    The report highlighted parts of the US Senate public hearing where 4 GS top-dogs were queried about selling CDOs that they knew were 'shitty investments' - and then taking large positions against these same CDOs, knowing that they would fail - and making a fortune as investors were trashed.

    It was just unbelievable -- these parasites never, not even vaguely, considered or accepted that their actions are proof that there was a conflict of interest.

    Meanwhile the US Republican Party continues to stall every attempt by the US Govt. to enforce scrutiny, accountability and probity.

    This has the potential to ignite a massive cycle of retribution from everyone affected by these blatant, extravagant, and selfish excesses.

    Many US citizens have firearms - this has the potential to get very heated, dangerous and deadly.

    ...and so it all unravels..
 
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