Tag Archives: Goldman Sachs

Are Goldman Charges the Tip of the Iceberg?

Posted on April 19, 2010 by

Could Friday’s news that the Securities and Exchange Commission is bringing civil charges of fraud against Goldman Sachs be the tip of the iceberg? Consider what has happened since then. The German government is considering legal action against Goldman. British … Continue reading →

Posted in bailout, economy, Financial Crisis, financial reform, financial regulation, Goldman Sachs, Politics, too big to fail, Wall Street | Tagged , , , , , , , , | Leave a comment

Dumb and Dumber

Posted on April 18, 2010 by

Ron Beasley at Newshoggers has the appropriate image of Senator Mitch McConnell in his post yesterday entitled, “If He Only Had a Brain” : McConnell continues to mindlessly repeat Frank Luntz talking points about “endless taxpayer bailouts of Wall Street … Continue reading →

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Banksters Up To Their Old Tricks

Posted on April 9, 2010 by

Wall Street is up to its old tricks again, juggling the books to make their levels of debt appear lower at the end of the quarter which….drum roll please….increases their bonuses: “Goldman Sachs, Morgan Stanley, J.P. Morgan Chase, Bank of … Continue reading →

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Another Financial Crisis “More Than Predictable, It’s Inevitable”

Posted on March 4, 2010 by

Remember the economy and that little thing we had not too long ago called…what was it…oh yeah, the financial crisis. While Congress and the White House spend “the next few weeks” mired in the never-ending saga of health care reform, … Continue reading →

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“A Culture of Compulsive Sociopaths”

Posted on February 15, 2010 by

Jesse’s Café Americain nails it in this commentary on Simon Johnson’s piece at Baseline Scenario about the possibility of an audit of Goldman Sachs by the European Commission over Goldman’s role in helping the Greek government hide its debt: “…the … Continue reading →

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The Rubin Influence Runs Deep in the Obama Administration

Posted on February 9, 2010 by

Senator Maria Cantwell (D-WA) is one the lone voices in Washington D.C. calling for meaningful financial reform, and calling out the White House for its lack of leadership on that issue: “To hear Sen. Maria Cantwell talk, another economic bubble … Continue reading →

Posted in Clinton, economy, Financial Crisis, Obama, Politics, Wall Street | Tagged , , , , , , , , , , , , , , , | 1 Comment

Geithner, Paulson, and Bernanke at the Oversight Committee Hearings

Posted on January 29, 2010 by

Putting different pieces of testimony from yesterday’s hearings before the House Committee on Oversight and Government Reform, it’s easy to see how the New York Federal Reserve’s “backdoor bailout” of Goldman Sachs and other large banks, via insurance giant AIG, … Continue reading →

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