Discussion in 'Stocks' started by GG1972, Apr 16, 2010.
Chicken's coming home to roost-SEC charges GS with fraud in CDO's
I cant believe it. The sec doing something?? It must just be a hand slap, I still can't believe. I came into this market at the crash and banged my head on corruption, now they may fix? No, can not be.
Maybe a political thing.
But GS got good lawyers.
Maybe something behind closed doors might have happened between Harry Reid, Barney frank and Paulson that might have ticked off the congressmen and knowing Paulson and high haughty attitude, they maynot be so accomodating.
Having said that I can totally see this settling with an agreement of "no admittance to wrongdoing" LOL
Be very hard to get out of this without damage to the company, I mean the stock price and eventual long term damage to the sheild of " ironclad" Goldman Sachs can't do anything wrong-the era of invincibility probably ends today.
You mean, no more GS influence over politicians? That sounds scary.
not happy till Tony Mozillo hangs
Sorry to get political here, but this would never happen under a republican administration...
GS crooks? nooooooo.
Its like the talent pool for treasury secys dried up all of a sudden.
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