Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

prosecute goldman sachs. drive them out of business

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
rdking647 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 08:14 AM
Original message
prosecute goldman sachs. drive them out of business
the chairman of the senate investigations committee is recomending goldman sachs be prosecuted for their actions during the financial crisis.. Its about damn time.. The evidence is pretty cleat the manipulated the market and helped almost destroy the economy..
besides going after the executives its time to go after the company itself.. charge the company with a couple of felonies. If convicted goldman is out of business. a company convicted of a felony cant trade .. all their assets get transfered to other firms. the only ones who get hurt are the employees and investors in goldman.. its time to make an example of them.. let wall street know that fucking around with the economy has a price. prision for the top execs and death for the company.

the company has all but admitted lying as they sold what would be worthless securities while getting short the secutities themselves,one of the biggest causes of the panic.

http://www.huffingtonpost.com/2011/04/14/goldman-financial-crisis-prosecution_n_848994.html
Printer Friendly | Permalink |  | Top
Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 08:21 AM
Response to Original message
1. Nationalize Goldman Sachs.
And give the shareholders fair market value, which is zero.
Printer Friendly | Permalink |  | Top
 
rdking647 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 08:24 AM
Response to Reply #1
2. no reason to nationalize them
why would you want the government to own an investment bank all you have to do is convict them of 1 felony.. as a company convicted of a felony they are out of business . thats what happened to ef hutton in the 80's. they were kiting checks..

Printer Friendly | Permalink |  | Top
 
Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 08:45 AM
Response to Reply #2
3. That'd be A-OK.
Levin's take on them scratched the surface. Levin's colleagues in crime Congreff have a lot to answer for:

Know your BFEE: Phil Gramm, the Meyer Lansky of the War Party, Set-Up the Biggest Bank Heist Ever.

They make money the old-fashioned way. They steal it.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 04:43 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC