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Goldman Sachs Bigwigs Dispute Charges

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Posted on Apr 27, 2010
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Step right up and you’ll see spectacles that will amaze from Tuesday’s face-off between senators and Goldman Sachs boss men, such as the awesome Fabrice Tourre denying “categorically” that he misled clients by selling them mysterious bundled financial entities tied to doomed mortgages.  —KA

AP via YouTube:

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McTN's avatar

By McTN, April 29, 2010 at 4:36 pm Link to this comment

I like that, Martha “banksters”

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MarthaA's avatar

By MarthaA, April 28, 2010 at 8:56 pm Link to this comment

RAE, April 28 at 11:15 pm,

What happened to Mussolini and his wife in Italy?  This is what needs to happen to these banksters.

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By mark, April 28, 2010 at 7:28 pm Link to this comment
(Unregistered commenter)

If you ever wondered what a sociopath looks and acts like, tune in here… These
folks show no empathy (unless asked to pretend by Levin) for others screwed by
their actions.

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RAE's avatar

By RAE, April 28, 2010 at 7:15 pm Link to this comment

McTN wrote: “There will be a revolution in this country if this is not changed.”

Changed to what? And by whom?

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McTN's avatar

By McTN, April 28, 2010 at 7:05 pm Link to this comment

This is more than avarice, Martha. It’s larceny. These banks have been stealing from us for years…flagrantly! This is Enron to the 100th power. And they have been allowed to do it and continue to be allowed to do it.

It kills me the way Obama was criticized for his socialist plan to redistribute the wealth by taking money from the rich to give to the poor. But it’s not socialist when the redistribution goes the other way—that’s just good old capitalism.

There will be a revolution in this country if this is not changed. Where do I sign up?

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MarthaA's avatar

By MarthaA, April 28, 2010 at 3:52 pm Link to this comment

Republican Conservative EXTREMISTS in Congress consistently removed Wall Street regulation during the Bush administrations——and with no regulation, avarice blatantly took control of Wall Street.

In order to control avarice, regulation of Wall Street is a must. 

It is time regulation be reinstated to reform Wall Street, but this time, regulation must be made permanent, so that greedy Conservative EXTREMISTS can not manipulate to remove all regulation ever again. 

It was regulation removal that gave way to the 1930 Depression and it was, again, the removal of regulation that gave way to the 2008 Depression.

Politicians can call the economic catastrophe caused by the conservatives whatever they want, but when 15 Million people or more are out of work with no prospect of finding work, because all the jobs are overseas, it is not a recession, but a full blown depression. 

Right now Wall Street’s aristocratic “Let Them Eat Cake Act belies a lack of compassion as if there is no depression,  and their self indulgence at the expense of the rest of the country must cease, for the rest of the country to be able to survive as something more than paupers.

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By CaptRon, April 28, 2010 at 10:10 am Link to this comment

Guys like Tourre and Madoff have the personal makeup of guys I like to see prosecuted and incarcerated. What would help is if they were put in general population prisons instead of club med prisons. Let them fend for themselves. I can hear them now, oinking in unison while being dealt general population sentences instead of being pampered for their crimes. It’s hard to smirk while your lips are ovalled. One could only hope.

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RAE's avatar

By RAE, April 28, 2010 at 4:53 am Link to this comment

I’m one of the poor schmuks who hasn’t a clue about the high finance world of Wall Street.

One reason for this ignorance is that I find it impossible to believe what is reported by anyone about the goings on there. There isn’t a body in any one of those soulless cubicles who would know anything about such concepts as truth and fairness.

What I do know is that there is no way the vast majority of honest citizens has any access to even the possibility of amassing such fortunes. Clearly we get to play amongst the dried up crumbs after the party’s over while the “special” people not only get fresh cake but buttercream icing and ice cream as well.

Every cent “earned” (a misnomer if there ever was one) by these usurous money-manipulating launderers should be taxed at 90% BEFORE they even get their hands on it at least until every penny paid out by taxpayers to recover, repair and stabilize our economy is returned with interest.

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