Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Not all conservatives are like that thank you. Some of us, granted not really many on this site, are intelligent people with well thought out opinions. Not all of us think that because X company took federal money for something that anything they do is with public money.
Can you cite the specific laws that were violated and prove certain CEOs knew?
Is there anyone in Congress, regardless of party, demanding the heads off Wall Street?
Almost all the prospectuses and sales material on mortgage-backed bonds sold from 2005 until 2007 were a compound of falsehoods. And as the bubble peaked and started to collapse, executives repeatedly lied about their companies' financial condition. In some cases, they also concealed other material information, such as the extent to which executives were selling or hedging their own stock holdings because they knew their firms were about to collapse.In some cases, there was evidence of senior executive knowledge of and involvement in misrepresentations. For example, quarterly presentations to investors are nearly always made by the CEO or chief financial officer of the firm; if lies were told in these presentations, or if material facts were omitted, the responsibility lies with senior management. In other cases, such as Bear Stearns, there was evidence from civil lawsuits that senior executives were directly involved in selling securities whose prospectuses allegedly contained lies and omissions. These are just a few I can think of of the top of my head. I'm sure you can find many more. But..but.. I know you are from the same town as Hank Paulson, so I'm not suprised you defend his ilk!
And since Government Sachs only survived because of taxpayer bailout money in 08... I see this as hardworking taxpayers paying Hillary for two speeches. This is what the people want through. Neocons on the right call this "capitalism"..and sheep on the left turn a blind eye because she is a Clinton. Future generations will look back on the traders and dopes of this one great nation, and wonder why people that had so much could so easily let is slip away through ineptitude and indifference.
$400K from Goldman Sachs..... Hillary cares about the common folks, unlike those mean Republicans who have ties to the wealthy.
And since Government Sachs only survived because of taxpayer bailout money in 08... I see this as hardworking taxpayers paying Hillary for two speeches. This is what the people want through. Neocons on the right call this "capitalism"..and sheep on the left turn a blind eye because she is a Clinton. Future generations will look back on the traders and dopes of this one great nation, and wonder why people that had so much could so easily let is slip away through ineptitude and indifference.
Hilarious.
Libs, of course, despite the fact that Hillary is in the pocket of the banksters, will celebrate her "support" of the common man and vote for her blindly and without reservation.
Libs are that dumb. Never mind that Bill was bought and paid for by the Chinese and ushered in NAFTA and China most favored nation trade status, which has gutted the US and enriched the Clintons.
By your rationale, anything that GS does from now until the end of time is at taxpayers expense. This argument is childish and obviously flawed. For all you know, GS has paid former Republican officials for speeches as well.
Instead of whining about this, you should be complaining that we still don't have financial regulations with teeth. The fault of that lies not with Democrats, but House Tea Baggers.
Right now this is spot on. Goldman Sachs is making their fortunes right now on the backs of the working class through the Quantitative Easing programs.
It's amazing how G.S. has turned into such a bright shining star to the left.
Can you cite the specific laws that were violated and prove certain CEOs knew?
Is there anyone in Congress, regardless of party, demanding the heads off Wall Street?
Sarbanes/Oxley. The facts are clear that Countrywide ran so far afoul of this law as one company could but has Mozilo been charged with a crime like Sarbanes/Oxley call for?
No, and just because few outside of the Ron Paul's are calling for charges does not in any way excuse the one who runs the Justice dept that is suppose to enforce these laws.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
