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May 6, 2009

Goldman Sachs: the Gangster Bankster with the Fed's Blessings

Goldman Sachs Links for May 6, 2009 from http://www.goldmansachs666.com/ All of the links below discuss Goldman Sachs, even if the headline might not indicate that.

'Goldman Conspiracy:' Bogle's 'pathological mutation?' - Market Watch
Machinations on Wall Street, in government give rise to 13-episode TV plot

Goldman Sachs Makes the Rules - The Wall Street Journal Video

Senator Criticizes NY Fed Chairman - The Wall Street Journal
Goldman Sachs Cronie - Stephen Friedman

Goldman Sachs - Public Enemy #1 - Behind-the-Matrix

Cashing in on 'Government Sachs' - The Huffington Post

Fed Directors' Ties to Banks Spur Calls for Changes - The Wall Street Journal
And if you believe that, I have a bridge for sale.

Bankers Own Congress - Senator Dick Durbin
So what are you going to do about it Senator?

Berkshire's Munger Says 'Venal' Banks May Evade Needed Reform - Bloomberg
"This is an enormously influential group of people, and 90 percent of that influence is being spent to gain powers and practices that the world would be better off without,"
- Charlie Munger is Warren Buffet's partner!

Goldman Sachs - A Bad Gangster Movie - Bloomberg

Some Dark Truths About Goldman Sachs - Canada Broadcasting Corporation

QUESTIONS ABOUT GOLDMAN SACHS' ROLE IN MARKET - New York Post
SOMETHING smells fishy in the market. And the aroma seems to be coming from Goldman Sachs.

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1 comment:

  1. Reporting from Los Angeles and Washington -- The major banks now collecting federal bailout money were not unwitting victims of the mortgage meltdown but instead were directly linked to the root cause of the problem: a subprime lending machine concentrated in Southern California, a new study asserts. The banks were "enablers that bankrolled the type of lending threatening the international financial system," according to the study being released today by the Center for Public Integrity, a Washington-based watchdog group. The center collected data on the top two dozen subprime lenders in an effort to paint a comprehensive picture of how each major player was linked to the banking system.

    "What happened to our largest financial institutions was very much a self-inflicted wound," said the center's executive director, Bill Buzenberg. "These banks owned many of the subprime lenders and financed their lending in order to get bundles of mortgage-backed securities that they could sell, reaping enormous profits."

    The report noted that investment banks Lehman Bros., Merrill Lynch, J.P. Morgan and Citigroup "both owned and financed subprime lenders," and that others, including Goldman Sachs & Co. and Swiss bank Credit Suisse First Boston, were major financial backers of subprime lenders.
    http://www.latimes.com/business/la-fi-subprime6-2009may06,0,6489207.story

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