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jpljr77
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Fri Apr-16-10 09:53 AM Original message |
BREAKING: Goldman Sachs charged with fraud by SEC |
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Clio the Leo
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Fri Apr-16-10 09:55 AM Response to Original message |
1. More here... |
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jpljr77
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Fri Apr-16-10 10:00 AM Response to Reply #1 |
5. Thanks. Per the complaint, they're also going after a specific person. |
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havocmom
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Fri Apr-16-10 10:17 AM Response to Reply #5 |
16. OK to feel a LITTLE bad for him.... |
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Hannah Bell
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Fri Apr-16-10 12:43 PM Response to Reply #5 |
43. one guy only? shoot. |
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girl gone mad
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Fri Apr-16-10 02:09 PM Response to Reply #43 |
51. And a weak case, at that. |
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liberation
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Fri Apr-16-10 04:18 PM Response to Reply #51 |
59. Yup... |
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phasma ex machina
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Fri Apr-16-10 05:35 PM Response to Reply #59 |
71. Did Goldman Short Itself, Reuters Reports Goldman Was Told In Advance It Faced SEC Action |
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dotymed
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Sat Apr-17-10 08:59 AM Response to Reply #59 |
114. Fun with Dick and Jane |
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Major Hogwash
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Fri Apr-16-10 06:09 PM Response to Reply #51 |
76. It's a stronger case than what they had when they went after Martha Stewart. |
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girl gone mad
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Fri Apr-16-10 06:51 PM Response to Reply #76 |
79. This is a civil case, not a criminal case. |
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earcandle
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Fri Apr-16-10 08:35 PM Response to Reply #79 |
97. Why is this NOT a criminal case? |
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girl gone mad
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Fri Apr-16-10 09:51 PM Response to Reply #97 |
99. The SEC doesn't have criminal authority. |
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Major Hogwash
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Sat Apr-17-10 11:26 AM Response to Reply #79 |
116. Yet! |
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dotymed
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Sat Apr-17-10 08:54 AM Response to Reply #43 |
113. What about the large contingent |
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oldlib
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Fri Apr-16-10 11:56 PM Response to Reply #5 |
106. Goldman Sachs is a person. |
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vssmith
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Sat Apr-17-10 05:51 AM Response to Reply #106 |
112. Yes! a person of interest |
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dotymed
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Sat Apr-17-10 09:05 AM Response to Reply #106 |
115. Man, if we don't stop |
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Kber
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Fri Apr-16-10 09:58 AM Response to Original message |
2. some more detail and background |
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Uncle Joe
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Fri Apr-16-10 10:47 AM Response to Reply #2 |
23. This sentence needs to be bolded for the sheer dysfunctional corruption of the system. |
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Cali_Democrat
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Fri Apr-16-10 11:34 AM Response to Reply #23 |
29. I don't think there is anything wrong with put options when used correctly |
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Uncle Joe
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Fri Apr-16-10 11:57 AM Response to Reply #29 |
34. Well if not put options then "naked put options" should be illegal. |
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Cali_Democrat
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Fri Apr-16-10 12:13 PM Response to Reply #34 |
35. I agree...if someone buys puts, they should at least have an interest in the asset going up |
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ipfilter
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Fri Apr-16-10 04:32 PM Response to Reply #34 |
62. That's not how naked puts work. |
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Uncle Joe
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Fri Apr-16-10 05:13 PM Response to Reply #62 |
67. My post referred to buying puts not selling them, but allowing for naked puts is too risky. |
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Enthusiast
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Fri Apr-16-10 06:00 PM Response to Reply #67 |
73. This "stuff" was going on industry wide. |
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quakerboy
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Sat Apr-17-10 03:05 AM Response to Reply #29 |
111. Isnt that risk part and parcel of a market? |
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Cali_Democrat
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Sat Apr-17-10 04:31 PM Response to Reply #111 |
122. Risk is part of the market, but minimizing risk is very important. |
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laughingliberal
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Fri Apr-16-10 04:37 PM Response to Reply #23 |
63. And isn't this exactly the charge they were denying recently |
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Enthusiast
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Fri Apr-16-10 06:02 PM Response to Reply #63 |
74. They said they will fight |
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laughingliberal
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Fri Apr-16-10 07:01 PM Response to Reply #74 |
80. Right. And we all fell off the turnip truck last night. nt |
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Sebastian Doyle
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Fri Apr-16-10 07:01 PM Response to Reply #23 |
81. Put options should have been eliminated after somebody profited from 9/11 |
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rfranklin
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Fri Apr-16-10 09:59 AM Response to Original message |
3. Gee, that must have required a lot or hours of investigation... |
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Fire1
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Fri Apr-16-10 10:01 AM Response to Reply #3 |
6. Better late than NEVER!!! n/t |
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Fire1
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Fri Apr-16-10 09:59 AM Response to Original message |
4. OUT FUCKIN STANDING!!!!!!!!!!!!!! THANK YOU!!!!! |
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NYC_SKP
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Fri Apr-16-10 12:40 PM Response to Reply #4 |
41. lol. |
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SOS
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Fri Apr-16-10 10:02 AM Response to Original message |
7. Good news! |
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political_Dem
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Fri Apr-16-10 10:03 AM Response to Original message |
8. Wonders never cease. I am floored that those suckers might have to be held accountable. eom |
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depakid
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Fri Apr-16-10 11:37 AM Response to Reply #8 |
32. Goldman was essentially self dealing- and a lot of "important" investors lost big money |
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dixiegrrrrl
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Fri Apr-16-10 10:04 AM Response to Original message |
9. My god....to even charge them is a huge step. |
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Tailormyst
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Fri Apr-16-10 10:05 AM Response to Original message |
10. Whoa- I never thought it would happen |
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Xipe Totec
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Fri Apr-16-10 10:07 AM Response to Original message |
11. SNL Weekend Update: Really Goldman Sachs? |
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HCE SuiGeneris
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Fri Apr-16-10 10:08 AM Response to Original message |
12. Take 'em down. The srutiny is long overdue. |
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Subdivisions
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Fri Apr-16-10 10:14 AM Response to Original message |
13. Well it's about goddamned time. n/t |
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nc4bo
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Fri Apr-16-10 10:15 AM Response to Original message |
14. Recommend!!!! nt |
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FirstLight
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Fri Apr-16-10 10:16 AM Response to Original message |
15. YES! |
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kentuck
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Fri Apr-16-10 10:17 AM Response to Original message |
17. I always thought it was very shady the way they transferred their holdings... |
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Submariner
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Fri Apr-16-10 10:19 AM Response to Original message |
18. CRASH Goldman Sachs stocks and put them out of business |
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Beetwasher
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Fri Apr-16-10 10:24 AM Response to Original message |
19. This Is FUCKING HUGE, GIGANTIC-Don't Discount The TIMING (Financial Reform Anyone?) |
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girl gone mad
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Fri Apr-16-10 02:15 PM Response to Reply #19 |
52. Not HUGE or GIGANTIC.. |
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Beetwasher
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Fri Apr-16-10 04:14 PM Response to Reply #52 |
57. Sure It Is |
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liberation
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Fri Apr-16-10 04:25 PM Response to Reply #57 |
60. So I take you do have an actual clue. Please enlighten us... |
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Beetwasher
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Fri Apr-16-10 04:38 PM Response to Reply #60 |
64. LOL! Umm, What Part Of The Political Implications Escape You? |
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liberation
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Fri Apr-16-10 05:20 PM Response to Reply #64 |
68. LOL. So what you were trying to say is that "no, you can not answer the question." |
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Beetwasher
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Fri Apr-16-10 07:22 PM Response to Reply #68 |
83. Stupid Questions Deserve Only Mocking |
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liberation
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Fri Apr-16-10 07:39 PM Response to Reply #83 |
88. Again, you don't have an answer do you? It was a simple request for facts. |
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Beetwasher
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Fri Apr-16-10 07:42 PM Response to Reply #88 |
90. No You Want To Change The subject |
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liberation
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Fri Apr-16-10 07:48 PM Response to Reply #90 |
92. LOL... you understand this is a public forum and everyone can see the posts, right? |
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Beetwasher
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Fri Apr-16-10 07:53 PM Response to Reply #92 |
93. See My First Post? U Know The One About The Timing? |
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liberation
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Fri Apr-16-10 08:13 PM Response to Reply #93 |
94. I see your flippers are tired, and you look scared. I shall name you Banjo! |
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Beetwasher
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Fri Apr-16-10 08:20 PM Response to Reply #94 |
95. Yr Strawman Bullshit Is Irrelevant To My Post About The Politics |
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girl gone mad
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Fri Apr-16-10 07:20 PM Response to Reply #64 |
82. Smoke and mirrors is all it is. |
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Beetwasher
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Fri Apr-16-10 07:24 PM Response to Reply #82 |
84. Who Cares What U Think? |
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girl gone mad
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Fri Apr-16-10 07:35 PM Response to Reply #84 |
87. Let me know when you graduate out of Kindergarten. |
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Beetwasher
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Fri Apr-16-10 07:44 PM Response to Reply #87 |
91. When U Stop Yr Pissing I'll Take U Seriously |
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girl gone mad
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Fri Apr-16-10 09:56 PM Response to Reply #91 |
100. I made my case and now you're free to engage in AOL teen-chat babble. |
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Beetwasher
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Fri Apr-16-10 10:46 PM Response to Reply #100 |
101. If Pissing On The Drapes Is A Case |
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shellgame26
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Fri Apr-16-10 11:30 PM Response to Reply #101 |
104. +100,000,000 |
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laughingliberal
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Sat Apr-17-10 12:51 AM Response to Reply #82 |
109. It would be good to hear some talk about restoring Glass-Steagall. |
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Hippo_Tron
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Fri Apr-16-10 05:24 PM Response to Reply #19 |
70. The SEC is an independent agency and doesn't serve at the pleasure of the President |
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Beetwasher
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Fri Apr-16-10 07:28 PM Response to Reply #70 |
85. Did I Say It Was? |
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Hippo_Tron
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Fri Apr-16-10 07:30 PM Response to Reply #85 |
86. No you didn't and that's a fair point |
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girl gone mad
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Fri Apr-16-10 07:41 PM Response to Reply #86 |
89. I think it's safe to assume their was at least some behind the scenes coordination going on.. |
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Andy823
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Fri Apr-16-10 10:28 AM Response to Original message |
20. Market is down |
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FirstLight
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Fri Apr-16-10 10:51 AM Response to Reply #20 |
24. You have a good point... |
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Andy823
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Fri Apr-16-10 12:34 PM Response to Reply #24 |
38. I agree. |
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glitch
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Fri Apr-16-10 05:23 PM Response to Reply #24 |
69. Removing bad apples and restoring trust would most definately improve the market long term. nt |
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laughingliberal
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Sat Apr-17-10 12:42 AM Response to Reply #24 |
107. I'm with you on that. We already have predictions it will be 2012 before unemployment gets back down |
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The Backlash Cometh
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Fri Apr-16-10 10:30 AM Response to Original message |
21. Who knew? |
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Uncle Joe
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Fri Apr-16-10 10:35 AM Response to Original message |
22. Kicked and recommended. |
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Change Happens
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Fri Apr-16-10 11:01 AM Response to Original message |
25. A great day for America, thank you Mr. President! |
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Dinger
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Fri Apr-16-10 12:14 PM Response to Reply #25 |
36. Thank geithner and summers too, right? |
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fooj
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Fri Apr-16-10 05:57 PM Response to Reply #25 |
72. Thank you, Mr. President? |
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jpljr77
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Fri Apr-16-10 11:12 AM Response to Original message |
26. Goldman Sachs vows to defend themselves |
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gristy
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Fri Apr-16-10 11:50 PM Response to Reply #26 |
105. I saw that quote in the NY Times article |
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progressoid
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Fri Apr-16-10 11:17 AM Response to Original message |
27. Well, it's a good thing we bailed them out. |
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taught_me_patience
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Fri Apr-16-10 11:29 AM Response to Original message |
28. Probably mostly huff and puff |
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GameChanger
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Fri Apr-16-10 11:35 AM Response to Original message |
30. What about Goldman Sachs manipulation of OIL PRICES? |
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kentuck
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Fri Apr-16-10 11:38 AM Response to Reply #30 |
33. Exactly ! |
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malaise
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Fri Apr-16-10 12:39 PM Response to Reply #30 |
40. Good post |
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gateley
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Sat Apr-17-10 06:28 PM Response to Reply #30 |
123. Rolling Stone's site is down until Monday (they're relaunching a New! Improved! |
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fascisthunter
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Fri Apr-16-10 11:36 AM Response to Original message |
31. good! |
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JackRiddler
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Fri Apr-16-10 12:16 PM Response to Original message |
37. Terrible! If GS goes down, the WORLD IS DESTROYED!!! |
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florida08
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Fri Apr-16-10 12:36 PM Response to Original message |
39. Just saw this |
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Hannah Bell
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Fri Apr-16-10 12:42 PM Response to Original message |
42. good news. i'd love to know the backstory on the decision to prosecute. |
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AngryOldDem
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Fri Apr-16-10 12:44 PM Response to Original message |
44. WOW..... |
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bulloney
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Fri Apr-16-10 12:46 PM Response to Original message |
45. GS must have screwed the wrong person and he/she is powerful enough to do something about it. |
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femrap
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Fri Apr-16-10 12:57 PM Response to Original message |
46. Too bad the CEO |
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Enthusiast
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Fri Apr-16-10 06:09 PM Response to Reply #46 |
77. My sentiments exactly! nt |
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femrap
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Sat Apr-17-10 12:43 PM Response to Reply #77 |
119. And I got a real chuckle that |
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Enthusiast
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Sat Apr-17-10 03:44 PM Response to Reply #119 |
121. OMG! |
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Smashcut
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Fri Apr-16-10 01:03 PM Response to Original message |
47. Good. Now it's time for the DOJ to follow up w/ CRIMINAL charges. |
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Change Happens
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Fri Apr-16-10 01:44 PM Response to Reply #47 |
49. AG Cuomo will follow up with his own fun shortly, I am sure of it! |
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Greyhound
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Fri Apr-16-10 01:06 PM Response to Original message |
48. Here's hoping. K&R |
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NJmaverick
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Fri Apr-16-10 02:06 PM Response to Original message |
50. You shouldn't be shocked President Obama is in charge |
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cbdo2007
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Fri Apr-16-10 02:42 PM Response to Original message |
53. GS stock down 13% so far today but it will recover within 2 weeks |
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oasis
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Fri Apr-16-10 03:27 PM Response to Original message |
54. MSNBC's Dylan Ratigan just gave a illustration on how these crooks operated. |
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Major Hogwash
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Sat Apr-17-10 11:31 AM Response to Reply #54 |
117. His explanation was also easy to follow. |
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leeroysphitz
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Fri Apr-16-10 03:30 PM Response to Original message |
55. This is awesome. I'm getting a little weepy. |
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earth mom
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Fri Apr-16-10 04:13 PM Response to Original message |
56. Am I the only one cynical enough to think NOTHING will come of this? nt |
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laughingliberal
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Sat Apr-17-10 12:53 AM Response to Reply #56 |
110. I think a lot of us think that's likely but are hoping we're wrong. |
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cachukis
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Fri Apr-16-10 04:18 PM Response to Original message |
58. And Mitch McConnell stands where? |
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Enthusiast
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Fri Apr-16-10 06:11 PM Response to Reply #58 |
78. He's got 41 votes, lmao! |
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valerief
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Fri Apr-16-10 04:25 PM Response to Original message |
61. Which is SEC is doing this? OUR SEC? Unbelievable! nt |
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clr
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Fri Apr-16-10 04:42 PM Response to Original message |
65. "I can't believe the gov't might actually hold people accountable." |
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abelenkpe
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Fri Apr-16-10 05:00 PM Response to Original message |
66. Sweet. |
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Major Hogwash
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Fri Apr-16-10 06:06 PM Response to Original message |
75. Finally, good news about Obama going after Wall Street |
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Bozita
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Fri Apr-16-10 08:25 PM Response to Original message |
96. Gretchen Morgenson, John Coffee, Larry Ingrassia, Roben Farzad discuss GS - Charlie Rose 2nite |
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Kablooie
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Fri Apr-16-10 09:24 PM Response to Original message |
98. So far it's a civil suit. No one will be held responsible. The company just pays a fine. |
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laughingliberal
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Sat Apr-17-10 12:44 AM Response to Reply #98 |
108. I'm willing to bet there's more that could be found against them. |
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Lucky Luciano
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Fri Apr-16-10 10:48 PM Response to Original message |
102. So, when does AIG sue for $20B? nt |
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Odin2005
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Fri Apr-16-10 10:49 PM Response to Original message |
103. ABOUT FUCKING TIME!!! |
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branders seine
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Sat Apr-17-10 11:36 AM Response to Original message |
118. The test of this will be whether they really are held accountable. |
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chill_wind
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Sat Apr-17-10 12:59 PM Response to Original message |
120. The giant vampire squid will outlive us all. You can be certain of it. |
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