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03-14-2012, 11:48 PM | #17 |
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Meanwhile, next time you have my back, could you do it with a knife that was not so rusty?
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03-15-2012, 12:10 AM | #19 |
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03-15-2012, 12:12 AM | #20 | |
Read? I only know how to write.
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From MarketWatch.com entitled Volcker blames Goldman trading for culture change:
Quote:
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03-15-2012, 12:52 AM | #21 | |
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From the Washington Post entitled Goldman Sachs fights back against claims of toxic environment
Quote:
This problem was why Glass Stegall was created after 1929 banks did this same sort of fiscal shenanigans to create the same fiscal disaster. Glass Stegall was virtually eliminated in the early 2000s when financial institutions claimed regulations were harmful to the economy. Guess who got it completely wrong. Financial institutions can never be over-regulated. Greg Smith’s Op-Ed in the NY Times only confirms what is obvious. |
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03-17-2012, 07:55 AM | #22 |
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Which brings us back around to the fact that Goldman Sachs provides the regulators as well. It is very cozy and very anti-taxpayer/citizen.
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
03-17-2012, 10:50 AM | #24 | |
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Quote:
The attitude of Goldman Sachs employees sounded so much like the Enron traders who gleefully created the California Energy crisis to enrich themselves knowing full well that they were even harming granny. They did not care. They were the bean counters whose only purpose in life is to enrich themselves at the expense of all others. Also the definition of a criminal. |
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03-17-2012, 10:50 AM | #25 | |
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Quote:
Is that what you meant to say... that gov't can not regulate? But business can/should regulate itself ? I read Griff's post as the G-S providing people to be regulators was more or less a conflict.... i.e., too cosy a situation. |
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03-17-2012, 11:03 AM | #26 |
barely disguised asshole, keeper of all that is holy.
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Yes that is what I said, for the reason Griff stated.
The Gov't would probably be better appointing people who know nothing of the industry in question and letting them do it "from a book. Take the banking industry. How many appointees and whatnot of this, and the former, administration are from Goldman Sachs, for example?
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03-17-2012, 11:06 AM | #27 |
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I think he meant the government shouldn't be hiring wolves to guard the flock especially if they're going back to the pack after retirement. I think...
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
03-17-2012, 11:06 AM | #28 |
still says videotape
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oops, guess you just said that
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
03-17-2012, 11:16 AM | #29 |
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thanks.
There are DOZENS of them - in addition to those who donated and still are donating to him. Obama’s 2008 campaign received $42 million from Wall Street bankers and insiders. That was more than any other candidate in history! Shortly thereafter, the appointments started... Coincidence? I think not.
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"like strapping a pillow on a bull in a china shop" Bullitt |
03-17-2012, 11:16 AM | #30 |
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Hey, unanimity among Dwellars... never before has such a thing happened !
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