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Vampire squid's tentacles.
The mainstream media is become less and less relevant these days. It has become a giant circus in exposing genuine fraud that affects every single person in this country. Kudos to Tyler and crew.
I modified this cartoon to make it the Goldman Squid! Enjoy!
Heheheheh. That is great.
Wow. Just wow.
Goldman Sachs would fit in the script of Rollerball.
brilliant derivative reference to Norman Jewison's 1991 film
I watched Rollerball recently and it has aged surprisingly well.
Who will be our Jonathan E.?
I love the smell of RICO in the morning.
I just noticed that when you click on the + on those boxes the vampire squid moves.
Osama bin Laden just vomitted somewhere out of jealousy.
who knows.. you might even find him to be a vein in these tentacles.
We need to give the author of rollerball a prize for something....called it better than Orwell IMO
lets send the deficit to Goldman Sachs. If they are in charge shouldn't they pay the bill.
I love how Ben Stein is in there lol
Oh yeah, that goof ball. He kept saying the economy is in tip top shape telling everybody to stay invested until the end and he changed his tune as recently as 6 months back. A fucking goofy of the investment world.
We need to keep naming names. It's time for perp walks, for fuck's sake.
I saw that when Paulson left GS the gain on the sale of
$200,000,000 of GS stock was forgiven....
Actually he sold 500,000,000 and the taxes that were forgiven were about 200,000,000. So instead of walking away with 300M he walked away with 500M.
It was a long term cap gain on an undisclosed sale amount, probably north of $200 million, so the net savings to Lord Paulson was at a minimum ~$40,000,000 which equates to over $40,000 per day of his ~900 day tenure. If the sale was $500 mill, double those numbers.
He sold all of his GS at the top and sat out the mother of all selloffs in T-Bills then got out of the Treasury just in time to buy it all back at $60/share. If he's on the Forbes list of billionaires next year, I swear, I'm gonna, ah, well, get mad and complain a whole freakin' lot. I'm sure he'll make a well-timed anonymous donation to charity to avoid being on *that* list.
Why, is it a crime to time the market successfully?
A good start.
Nice web, but not much practical use now. We KNEW things worked like this before. Only then it was called "the old boys' network"...
I wonder how many of those people don't use email too, like Hank. And what other things they don't do to stay out of jail.
hank may be the best source for real info, he has a "TARP Get Out of Jail Free" card. And I wondered why they worked in that provision about not being criminally culpable for any actions during TARP use! Wild.
Max Keiser is right about Goldman Sachs. They are scum. They were involved in the creation of the subprime market.
I originally found the following information when I was researching some corruption in Idaho. After the scandal broke on the subprime, I went back to my original research and was able to recover more pages after seeing the significance and the connection to Goldmans. Simply stated, Goldmans was able to dodge the bullet - because they were involved in the setup of the scam.
This link is to the Community Reinvestment Fund, "How it got started". It was in Minnesota by a guy named Frank Altman. Their goal was "social investing" oxymoron - means investing in people and projects that were not creditworthy.
Goldman Sachs sponsored at least one conference for Frank Altman. But I know there were others that I didn't capture the documentation for:
And Frank Altman had connections to get him an audience with the Federal Reserve Bank in Syracuse
There was a press briefing December 8, 1993 (Note: date is the anniversary of Pearl Harbor)
Lloyd Bentsen, Secretary of the Treasury, Robert Rubin, Assistant to the President for Economic Policy, and Eugene Ludwig, Comptroller of the Currency
[Rubin] The President, as you know, has a broad, comprehensive strategy for dealing with the economic problems of the country for putting the country back on the right track for the long-term. A lot of the legislative and executive actions that have taken place in 1993 have been pursuant to that long-term economic strategy of the President's.
An important component of that strategy is to deal with the problems of the inner city and distressed rural communities -- pursuant to his belief that we must make real progress in those areas if this country is going to be successful in the future for all of us. The reform of the Community Reinvestment Act is an essential building block in the efforts I've just mentioned.
The background briefing for the changes to CRA was in July of 1993
The above was the set up - and Goldmans was in via Robert Rubin right from the beginning.
Robert Zoellick who was USTR during the Bush Administration went to work for Goldmans after leaving government service. What was Robert Zoellick's connection?
From 1993 through 1997, he served as an Executive Vice President at Fannie Mae, the largest housing finance investor in the U.S., with a market capitalization of about $70 billion. He was responsible for the corporation?s affordable housing business, the General Counsel, regulatory
and government relations, and international financial services.
So what I'm saying is that Goldman Sachs was involved in the set up - and I have no doubt they pulled the trigger and they've been black mailing our govmint ever since.
The people from Goldman Sachs should be put on trial for treason and the company should be dismantled and the building demolished. Gone forever.
There was an administrative coup d'etat executed on our government and it was engineered during the Clinton Administration. The goal was to destroy our economy and our country so that the internationalists could stand up the "global governance" system called for in the Millennium Declaration (another act of treason against our nation by Bill Clinton).
Amazing chronilogical information. I have often wondered why a guy like Glenn Beck is the only one who discusses these types of things. If the media is managed by chosen conglomerates why would they let Beck discuss this. This piece shows why....The powers that be are 16 years ahead of us. They want us to concentrate on their old moves. Like bad chess players we the people are just figuring out that our opponet is a hell of player. We need to take action to determine were in the game we really are. Who and what is the IMF all about, Who and what is the Council of Foreign Relations and the Tri-Lateral commission? While we worry about the GS web they are only one or two moves from check mate!!!
New York Philharmonic?
I guess tentacles sometimes go into pretty, uh, tame places?
Where is the tentacle that reaches into the 'West Wing'?
Question, if CNBS or who ever is touting only the positives spins (ie Intel, IBM, Roubini out of context, krugman out of content) and the mkt lights a fire....are these really retail schmucks buying??? And notice Nokias Dells Xilinx etc warnings are not even addressed with headline news (considering isn't the pc mkt the intel buyers??) What a one sided spin!!!! I can't take it, it makes no sense!!!!
I am really going outa my mind, this is
Golman Sachs has turned into a dirty word. Now surprisingly even in the mainstream media. Everyone knows that without their tight grip on government they won't make it. Too many enemies, to many risks on and off balance sheet. I doubt they are stupid enough not to know that the end of the line for government funding is close. I doubt they are stupid enough not to know that their government ties are turning into a huge liability. So they must be thinking of the exit strategy. I am fearful of what their planned exit might look like, given how willingly arrogant and unpopular they have become lately.
Hello Patrick Fitzgerald:
Better get Obama.
disturbing trends for the eco-blogs e.g. RGEMonitor and CalculatedRisk
Thanks. Interesting metrics.
Can I get that in Visio format?
The Government should take over Goldman Sachs. Instead of taking over money losing companies that cost the tax payer money why don't the take over a company that is making money.
Then the U.S. Government can unleash the GS financial engineering on the world. We could erase are 11 trillion dollar deficit in a couple of years.
Well, that's definitely more intricate than the typical crayon-based pictorial representation of 'what I did on my Summer vacation'.
Lovecraft fans on Zero Hedge.
Nobody told be there was going to be math.
This cannot be right. I did not find Ben Dover!
Here is another connection - page 10, Note 9
9. In-Q-Tel Board of Trustees: Lee Ault, Chairman, former Chairman and CEO of Telecredit, Inc; Norman Augustine, former Chairman and CEO of Lockheed Martin Corporation; John Seely Brown, Chief Scientist, Xerox Corporation and President, Xerox PARC Research Center; Michael Crow, Executive Vice Provost of Columbia University; Stephen Friedman, Senior Principal of Marsh & McLennan Capital, Inc., and former Chairman of Goldman Sachs and Co; Paul Kaminski, President and CEO of Technovations, Inc., Senior Partner in Global Technology Partners, and former Undersecretary of Defense for Acquisition and
Technology; Jeong Kim, President of Carrier Network, part of the Lucent Technologies Group, and former founder of Yurie Systems; John McMahon, consultant to Lockheed-Martin Corporation, former President and CEO of Lockheed Missile and Space Company, and former Deputy Director of Central Intelligence; Alex Mandl, Chairman and CEO of Teligent and former President and CEO of AT&T; William Perry, Former Secretary of Defense and currently Berberian Professor at Stanford University.
What is the significance? Probably the "reinvention of government" - taking it outside of government to ensure that the project continued to take our country down.
Really enlightening research at www.channelingreality.com . Can you fix the link for the above doc about In-Q-Tel, when go to it just get a "page not found" alert. Thanx in advance.
Here it is standalone -
Where is the mention on Zerohedge or Jon Stewart of Goldman saviour Warren Buffett...
The Warren Buffet angle is clearly NOT being played up enough. Warren and GS benefit from the long heald belief that they somehow are these investment geniuses and as a consequence have obtained tons of world's the ultra-wealthy's money for investment over the years. Last years events CLEARLY implicate a quid pro quo between Paulson and Buffet. Buffet lends his vote of confidence to Goldman via the sweetheart preferred stock deal and Paulson allows American Express to become a bank holding company which greatly boost Berkshire Hatjaway's performance as they are American Express' number one shareholder and allows American Express to obtain TARP funds and the FDIC debt guarantee. There was a telephone call on a SUNDAY JUST PRIOR to these events occurring between PAULSON AND BUFFET. The details of this phone conversation must be made public.
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