As we're all heard, Goldman Sachs got a wrist slap by the SEC the other day. They did not have to plead guilty, or anything messy like that. They did not have to admit any "wrong doing."
Goldman Sachs is touted as being a "blue blood" investment house. Very little dealings with consumers, or small business. They cater to high-end, out of our league banking. Yeah, and we all know what happens to the blue bloods . . . they imbred, and taint their own blood line.
In John Mulkey's post, The SEC Announces Christmas in July for Goldman Sachs. John mentions a previous post he wrote where he nailed it! YUP . . . Goldman Sachs did come out a winner! John NAILED IT!
In Lenn Harley's re-blog post she NAILS IT TOO! "The penalty represents 14 days of Goldman Sachs earnings."
Two weeks is parking meter money for the BIG BlUE BALLS BOYS.
TOO BIG TO FAIL + TOO BIG TO NAIL - TOO BIG TO JAIL = TOO BIG TO BAIL
Hmmm . . . some things just don't ADD UP!!
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$500 Million...I wonder how many homeowners could have been saved with that kind of money?
Carla - I can't agree with you more..... It's a shame.....
Goldman contributed $994,795 to Obama's campaign.
That was the best investment they ever made for their own account.
Hi Jenna . . . wonder what will happen with that "fine" / settlement. Where does it go??
Hey Robert -- we're all in agreement!
Hi Lenn. . . ah yes! The sin of politics. The politics of sin.
This whole mess has become more and more pathetic by the day. Now everyone involved from the top seems to just get to kick back and laugh at the rest of the world.