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May 23, 2013
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Goldman’s Hand in AIG’s CollapsePosted on Feb 6, 2010
Recently disclosed internal documents and an audio recording regarding a 2008 securities standoff between Goldman Sachs and insurance giant AIG appear to be the smoking guns necessary to pinpoint Goldman’s culpability in the mortgage meltdown and the collapse of AIG. —JCL
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By John, February 7, 2010 at 2:13 pm Link to this comment
(Unregistered commenter)
So Shady!
Report thishttp://www.youtube.com/watch?v=30YW3wgRvyI
By msgmi, February 7, 2010 at 11:07 am Link to this comment
(Unregistered commenter)
Goldie-sacks saw a wounded AIG and went for the jugular knowing that Main Street would be fleeced through the efforts of Capital (sic) Hill. DOJ could charge Goldie with a RICO count, but has no will to do so.
Report thisBy LostHills, February 7, 2010 at 10:29 am Link to this comment
Once upon a time, criminals were arrested and sent to prison… Where’s Elliot
Report thisNess when you need him?
By thebeerdoctor, February 7, 2010 at 7:00 am Link to this comment
So I gather it was just overblown rhetoric when Matt Taibbi described Goldman Sachs as “a giant vampire squid wrapped around the face of humanity, relentlessly jamming its funnel into anything that smells like money.”?
Report thisApparently not.
By Ouroborus, February 7, 2010 at 5:24 am Link to this comment
There are three other clips in the 4 part series of
Report thisinterviews with Cohen that are also very revealing.
It makes me even more pessimistic about the future of
our democracy; there is so much important stuff we
don’t know. Why?
By Ouroborus, February 7, 2010 at 4:53 am Link to this comment
Only ever so slightly off topic, but a clear picture of
why nothing is being done by Obama or anybody else in
the government regarding the financial collapse; we’ve
been snookered. IMO, this is a must see from The Real
News Network;
http://tinyurl.com/ybqnhyq
It answers a lot of questions…
Report thisBy G.Anderson, February 7, 2010 at 12:28 am Link to this comment
Surprise, Surprise…Some men rob you with a gun, and some with a fountain pen.
and sometines, laws, and government, make it easy when someone steals a whole country, after that their only concern is keeping in control of those who make the laws…..
So far that’s worked.
Report thisBy Inherit The Wind, February 6, 2010 at 8:33 pm Link to this comment
Let’s see if we’ve got this straight:
Goldman bought insurance from AIG against potential loss of investments.
But Goldman DELIBERATELY purchased securities that were overvalued they felt would go DOWN so they could collect the AIG insurance.
On the street, the cops call this insurance fraud. Why are these Goldmaan execs still running around loose? (Rhetorical question.)
Report thisBy Bat Guano, February 6, 2010 at 7:18 pm Link to this comment
(Unregistered commenter)
Lloyd Blankfein could be found with a smoking gun in his hand standing over the dead body of the middle class and nothing will be done.
These scumbags write the laws and then break them just to add insult to injury.
Report thisBy Hammond Eggs, February 6, 2010 at 7:11 pm Link to this comment
Goldman Saxophone, AIG (The American Institute of Graft), Chucky Chase, Bank of “Murka, Merrill Lynchmob . . . all these “asshole scumbags”, as glider calls them, will destroy this country. These thieves have declared “manifest destiny” on the middle class. They’re the cavalry and we’re the injuns and guess who gets wiped out.
Report thisBy glider, February 6, 2010 at 6:55 pm Link to this comment
Massive racketeering with the ultimate goal of Government Saches being to steal tens of billions of dollars from the American middle class with their installed double agent Hank Paulson. Concerned about the financial crisis my ass. That was their plan coming to fruition. And our f**king “Representatives” in Congress and the Executive Branch when along with the scam professing to have to “hold their noses”. Poor guys! Asshole scumbags all of them.
Report this