Goldman Sachs Fraud Charges

now the Wall Street Weasels are eating their own....

Marketwatch.com Friday April 30th

" Fears about a criminal investigation prompted two downgrades for Goldman Sachs Group Inc. Friday that sent the bank's share price down more than 9%."

ref: https://www.marketwatch.com/story/downgrades-add-to-goldmans-woes-2010-04-30

also "Federal prosecutors are conducting a criminal securities fraud investigation of Goldman Sachs Group Inc. and its employees, according to a Wall Street Journal report."

ref: https://www.marketwatch.com/story/us-considers-goldman-sachs-criminal-charges-wsj-2010-04-30

GS under $150 which had been recent support.

criminal securities fraud investigation of Goldman Sachs Group Inc. and its employees,

THAT's the TICKET for squaring away the market. Blankfein, "Fab Fab" Tourre, Daniel Sparks and the rest of that whole criminal gang need to go to PRISON for a LONG TIME.

Glodman needs to be dsssolved. they can reconstitute as a new company named "Churnem, Burnem & Howell". these guys were nothing but a low class bucket shop.

 I saw a guy on CNBC who literally said the ratings agencies were "the best of all worlds."

being an "anal"yst in general is the best of all worlds. jerkoffs can completely BONE a prediction and there are little or NO consequences.

I remember when when I was an RR with Rotan-Mosley, who was THE oil patch underwritter back in the late 80's "oil boom" and Jeffery Hertell was still screaming "buy" while prices were dropping and every E&P and oil service company were had sold to people was going in the sewer.

still an oil "expert" and still making big bucks

same with that weasel Henry Blodget, the "dot bomb" king. most of his trash NEVER recovered.

that fairy is bigger than ever.

Passing laws won't make people honest....that much we know for certain.

YES BUT it makes for accountability IF they think they could go to JAIL

btw, I think WE are both BRILLIANT!!! made the "ratings agencies are NEXT" statement two days ago and on Cnn's Your Money, they said the SAME damn THING!!!

I think we may need to follow the China model and start executing white collar criminals...

WORKS for ME, Vermeer.

OR just have a 21st Century American re-run of the French Revolution complete with a Guillotine on Wall Street and another one on K Street

btw, I will BOOK you that for all Obama and the government's tough talk about "paying for the oil spill cleanup" that BP, Trans Ocean and Halliburton don't even come CLOSE to paying the bill.

they will weasel out of it somehow for 10 cents on the dollar