This page has been archived and commenting is disabled.
Ex-Goldman Director Will Turn Himself In To FBI, To Face Criminal Charges
Is it safe to say that the Goldman love affair with the government is officially over? From Reuters: "Former Goldman Sachs director Rajat Gupta will surrender to the FBI on Wednesday to face criminal charges, a person familiar with the investigation said. Gupta was named as an unindicted co-conspirator in hedge fund founder Raj Rajaratnam's trial earlier this year. He has denied wrongdoing. Rajaratnam was sentenced to 11-years in prison this month. Gupta's attorney, Gary Naftalis, did not immediately respond to a call seeking comment." Perhaps it is also safe to say that the war between Obama and Wall Street is now official. Of course, we give Obama about 24 hours before the economy tanks, the stock market implodes, the great unwashed see their meager 201k's converted into 100.5k's, and decide to #OccupyTheWhiteHouse. In other words, our money is not on the administration on this one. In fact, when the smoke settles, we expect a few extra tentacles from 200 West to penetrate even deeper into the three farcical branches of government of this once non-banana republic.
»
- 15426 reads
- Printer-friendly version
- Send to friend
- advertisements -
the fed had to do something cause this guy 'raj' has a book 'contract', which will show complacency or at worse malfeasance at the top of the reg cop's pyramid scheme jmo
Can you expand on that? Or anyone else for that matter?
now you wanna have me give up my resources - get another snitch
give me a break
That's actually even more intersting. I assumed there was a CNBC or bloomberg article I had missed. Now I'm more intrigued don't worry no pressure on you, just commenting on a forum.
Isn't Wall Street giving more contributions to the Repubs this time? That may be a factor. I think they teach something about this in Chicago Thuggery 101.
The 2012 election is coming and the muslim needs money.
Is there a country we can liberate?
No. But there is a Country we can form. Even has a blueprint......
Obama's gotta throw a little red meat to the constituents every once in a while.
they only go after woman and minorities,... milken and boesky were exceptions to the rules because of the severity of the crime - both should have been locked up for life, but instead each did squat for time even though they crushed the system single-handedly - and cnbc has milken-the-great as a respectable guest
pathetic
simply pathetic
then milken gets a, 'out of jail free card' for paying back the lost revenue to the gov't with a home office trading desk built-in, and then has the audacity to except a teaching position at stanford where his classes were filled within a day by wanna-be milkies,...
simply pathetic ^
What the fuck does Obama have to do with this? Nothing. He's not calling the shots. Seriously, Tyler, you think the Obama administration is declaring war? That must have been sarcasm and I missed it. Hopey the Clown just does what he's told. He's not making any decisions. The Indian cats were sacrifices to appease the protesters, and Obama will probably get some credit for it, and work it to his advantage. But please, don't perpetuate the delusion that Hopey is actually in charge.
“Hopey the Clown just does what he's told. He's not making any decisions.”
Exactly, and the sooner we all come to the understanding that a private cartel pushes and pulls the Congress of the United States and the Executive Branch of the government in the direction that benefits the increase of their wealth and power, the better we can progress toward rooting out the causes of our nation’s horrendous calamity.
it is a distraction to credit congressional committees, regulatory agencies and particularly the President of the United States with any real control over the people who own the NY Federal Reserve Bank.
To suggest that there’s a war when only minor players are involved and made scapegoats is a distraction. Tyler knows this.
I doubt that Occupy Wall Street will claim this as victory and go home...
so none of this shit that has hit the country in the last 100 something years is not the presidents fault residing, but some boogey-man with a card-`blanc ledger of happy request
give me a break
do you remember johnny the maverick, getting stopped-out by barry when he responded that 'he calls the shots, period
the horror
No one is excusing the messenger who carries the orders for the boogey-man, but to say Obama can make any serious moves against his masters is to misunderstand just how much control and how ruthless those masters are. And I might add, what an accommodating messenger the current residing president is when the boogey-man calls.
Just who feeds the words into the teleprompter? Anyone with a guess can chime in. My money is on Soros.
That's not a bad guess. But Soros doesn't get a seat at the table without an invitation, IMO, from the Fed cartel. But Soros outranks Obama, that's for sure.
"Just who feeds the words into the [obama's] teleprompter?"
sorry for the snark, but.... DUH !!
http://www.jewishvirtuallibrary.org/jsource/US-Israel/obamajews.html
I'm not prone to thinking in terms of circle jerks but I'm fairly certain that's what we are witnessing.
Washington and Wall Street sitting in a tree ... k-i-ss-i-ng ...
And the banker tells the politician drink my pee...
The politician says oui oui oui...
K-i-ss-i-ng
Okay, they've made an example of the criminal hindis...now time to take down a fein or stein
A certain Waspy Dimon would work as well...
Official agent of The House of the Red Shield.
I could for sure buy that, or the Vatican. It hardly matters which franchise of Criminal Global Oligarchy corp. the guy truly answers to, he's naughty and needs to go to jail.
waspy - man do some research
His wife is from the tribe so Jamie may be safe.
Isn't Gupta the Surgeon General?
We have one still, right?
Gupta is the Proctologist on CNBC
The Surgeon General is Television Doctor Gupta, whose persona was modeled from Alex Baldwin's actor doctor on SNL.
You mean the surgeon general of CNN? Good one.
MF off 40% under $2. Ex Goldman doing wonders for corp America.
MF is a buy under 2. That's where Barry's drugs come from.
funny how so far it's only brown people.
Racist. How can you tell? Names?
"brown" is a race?
Yeah all those Brown names, like LeRoy Brown.
Baddest man in the whole damn town...
"Hell of a job, Brownie!"
Was Bush implying Brownie would be joining him in Hell? Must be a good seat (next to Bush) to watch fools burn.
Brown is a rice
Brown Rice is Don Cherry:
http://www.youtube.com/watch?v=jY8HZ2B1NbU
Oh come on, they're being treated very well. If they were foreign brown people, they be killed by the military in their very own beds visions of sugar plums dancing through their heads asleep at night for no fucking reason other than their country has oil and some gold bars.
I had guptas in a fish tank when I was a kid....
100.5's bitchez....
Time for Little Timmy and Benny and Hank/henry Paulson to take it from behind, in lock up.....too.....
Bend over benny......Thor thinks you have a nice bottom.
Hey, if it was good enough for Qaddafi....
http://www.cbsnews.com/8301-503543_162-20124758-503543/globalpost-qaddaf...
005.1 priced in gold one day
You knew when it came to this, the GOVERNMENT would stab the banks in the back-especially after the FED and BANKS failed to save the stock market and the 14,000 DOW mirage goal. IE: the banks stabbed in tha back first. Now it's OPEN GAME BITCHES.
Now the economy is going down, the saved banks were busted profittaking and everyone is at each others throats.
And as I have always said, if OBAMA just made a show trial of Blankfein and sent his bald head and ass to Guantanamo he "might" get re-elected.
Oh, and by the way, if the FED/Goldman love sleaze affair with the USG is over that means NOBODY is steering the boat. Watch all shit break loose as banks sell to profittake and USG gets "ethics" and prosecutes
"if the FED/Goldman love sleaze affair with the USG is over"...
get a grip! Gupta is just a TOKEN, non-white sacrifice... He'll do a couple of years in min-security Fed prison, and get to keep his millions...
It was just a matter of time and election cycle before Barry the uber Marxist would turn on the banksters, after he had extracted all the money he thought he was going to get from them
So going after bankers who have broken the law is Marxist? Jesus christ people, you are really fucking losing it. I hate Obama but this Marxist shit is just that SHIT. He's a fascist just like Bush, Clinton, Bush I and Zombie Reagan before him.
Exactly. Its all pure fascism, straight up. I could turn on a TV and hear about 'marxist' obama within the hour. If its said on TV by some pundit I guess actually the scum on the boob tube
Eagerly awaiting this next piece: http://www.rollingstone.com/politics/blogs/taibblog/occupy-wall-street-washington-still-doesnt-get-it-20111021
And honestly, some liberal friends are still drinking the Koolaid. I try to be nice and just point out fact after fact about Obama's policy decisions but they refuse to see it. In all honesty, I've pointed out similar facts about the Republicans in the past.
Sometimes I do despair.
"Of course, we give Obama about 24 hours before the economy tanks"
Tyler, what does this mean?
it means the USG has stabbed in the back first, which possibly means all the primary dealers will start shooting the hostage and dumping equities in a NO BID MARKET. Flash crash anyone?
we are HOSED NOW. The ponzi mech is broken
If I had a silver coin for every time I've heard a "This is IT" statement on a financial forum I would be buying a South Pacific Island in HARD CASH about now. This is merely window dressing. The Junior Varsity bankers, the banks themselves and even the FED have always been possible scapegoats in the drive for a One World Government and Bank.
There may be a disorderly move towards those goals or it may be rather smooth. The goal has always been the same, what methods will be used is anyones guess. If this kicks off a huge rout tomorrow that would do wonders for my account as it's currently positioned. Of course if it is THE end game move to one world government my lottery ticket will probably be worth more as a heat source than a wealth source. We will see what happens.
http://uk.reuters.com/article/2011/10/24/vatican-economy-idUKL5E7LO1LS20111024
It means the Dip in Chief lost the key to the King's mens room.
I think it means there will be a Wall Street retaliation in the form of a market crash.
When Paulson gets nabbed... I'll be convinced.
This is my first comment at ZeroHedge after being a long time lurker.
Cheers to all.
Which Paulson?
Hopefully the Hank type.
Hank...
John Paulson seems to be getting it haneded to him the good old fashioned way.
Welcome to Fight Club.
Kudos to the Tyler(s) for the running gags about stocks blowing up and the first questions is - Does Paulson own it? Priceless.
I wonder what he will say. As someone who knows how it feels to be the most alone person in the world I think it shows a lot of character that he's not afraid to walk the long walk. Besides we live in an age where you can't get away with anything anymore. Funny...IBM was in it's heyday actually run by a convicted felon. That was AFTER he was convicted!
'after' is the operative word.
Not anymore. Now it's "before, during and after." it doesn't seem to be working either. No one said that of IBM back in those days. Nobody that lived at least. You know his son led IBM as well. Considered one of the greatest CEO's in history. "grew up in the place" as they say. Great book too..I recommend it.
One guy. That`s not war - that`s a token sacrificial lamb. Maybe Gupta pulled short straw.
If Obama actually declared war on Wall Street they would have to start building new prisons.
Or they could legalize pot, tax it, turf out the poor bastards who are doing a stretch for a couple of grams, thereby freeing up space in the huge commercial prison sector while simultaneously generating revenue.
But keep the real nasty bastards in the jails to play 'daddy' to all of the fresh meat.
fuck goldman
Yeah, and the snake he slithered in on.
Former director! WTF? How about current?
Blankfein to the gallows.
I think Goldman gave the men out on purpose. Now every1 thinks goverment is on people side and they will continue to rape us slowly...
There should be a 24 hour protest on the White House lawn until ALL Goldman scum are fired and blacklisted for life from the Administration. It's disgusting and destroys any credibility they could ever hope to have. JP Morganites too.
"There should be a 24 hour protest on the White House lawn until ALL Goldman scum are fired and blacklisted for life from the Administration"
- yes, the "of, by, and for Goddamn-Sachs" scum are pretty BLATANT in their HIJACKING of the late "Democratic" Party, and barack obama's** Presidency... http://www.jewishvirtuallibrary.org/jsource/US-Israel/obamajews.html
** (there he was, doing the shuck-&-jive, "everything's going great!" on Leno last night - all those MILLIONS of Americans who are doing WORSE off TODAY, than when he first became president,*** of course "DON'T COUNT" - Captain America in his NY, Chicago, DC "extort the peons" bubble in action!)
*** Poverty SURGES in SUBURBS outside Cleveland http://www.nytimes.com/2011/10/25/us/suburban-poverty-surge-challenges-communities.htmlMaybe the market will work on its own even with all of the corruption. Maybe people will start avoiding doing business with the likes of Goldman, MF Global (Corzine), CIT (Thain), and any other Goldman alumni asshole out there because you know you have a good chance of getting completely fucked over by them.
Business isn't looking so hot for any of the above.
I thought Guppy got a pass
Bloombg told me so
http://www.bloomberg.com/news/2011-03-18/gupta-can-t-be-charged-for-his-...
GS better cough up more in donations.
Anybody going to buy a Playboy, and upload the pics?
Lohan.
Or just use them as avatars?
Lindz was a beaut before the meth addiction. Tragic, really.
Every cloud has a silver lining.
Next time she leaves rehab, just be outside with a 1.75 of Smirnoff and you're set for the afternoon.
Great idea. Frack, wrong coast.
What you write is funny, and sad, because it's true.
Another brown guy, huh? Yeah, like Goldman cares.....
Maybe a GE-powered Lock-Mart F/A-57E or somfink can drop a big-ass schmarty-pantz bomb on him, and we can watch targeting-pod footage on CNCB, as Erin leans forwards and points out how he transformed into an expanding incandescent ball of once-were-masters-of-the-universe farty-bum gas?
I was never answered. We still have a Surgeon General?
Oh Christ, sorry I asked.
http://www.surgeongeneral.gov/
Another Marxist Darkie.
I'd like you to say that to someone who cares.
And anyone in the gov is a fascist....
...but get it right, it's fascism; Marxism is a philosophy based on weird ideals that could never be implemented.
Wiiiinnddoooowwww dressing for racist idiot tools just like you. Thanks for playing or rather BEING PLAYED by the real powers that be that are neither Marxist nor heavy on the melanin front.
P.S. I'm surprised you were able to find a working internet connection back there in the 1950's.
ALL I SEE ARE MUD PEOPLE!
lol
holy shit....
Yeah, who knew......
We must protect the chairsatan!
Another brown guy scape goat.
H1B visa, no doubt.
jinx
Inspirational Leaders, and Mentors
My biggest inspiration at McKinsey has been Rajat Gupta, who was managing director of McKinsey when he came to give a talk at Columbia Business School while I was a first-year. He talked about how he came to be so successful, and I took three key messages from him, which were (and I paraphrase...)
http://www.mckinsey.com/careers/who_is_mckinsey/who_we_are/our_people/co...
Keep your priorities straight.
Great fucking advice, Raj!
Lemme write that down.
There does appear to be a number 4 missing.
Jail Time, bitchez !
With Lohan? Where do I apply? Must note: am white.
Frigging Lohan also probably h8s whites.
ALL I SEE ARE RACIST MUD PEOPLE!
Frigging EUR won't die; it's like The Walking Dead Currency.
(and Win7 sux)
Vigilantes are pushing the Yen: Mrs. Imadip must still have wealth to steal.
Ozzie and Kiwi have been bled dry already.
Loonie is ripe, though.
I like you. You're all right.
They were messing with the wrong guy:
**** BREAKING NEWS ****
Ex-GS Director Rajat Gupta escaped.
http://www.youtube.com/watch?v=yoNl7A7ovoc
Claaaaasic Bollywood/Indian Film schtick!
Everyone should take a gander at th eabove! :-)
ORI
Perp walk, shackles and orange coveralls please.
Orange coveralls? He could claim he is a Yoga guru.
+ Hari Krishna....
vs. a hairy Krishna, which would be a cat of a different color. I only say that because of all the racy posts on this thread.
There goes the model minority tag for Indians.
Jesus Krist, they got my Gupta
Yep, the Loonie. Up 26 pips already.
I am just curious, if an Indian goes in a max security type jail in gen pop who would he hangout with? Whites, blacks, hispanic, ...where....????
With "that billionaire guy." I'm still trying to figure out what you all are complaining about here. He turned himself in. I thought that's what daddy told us we were suppose to do (like the idiots we all are I guess.)
Yea, we will wish that we where a banana republic once this stuff is over.
I think Mr. Gupta got pressured in the Indian party scene. Indians are notorius for their weekend dinner parties where everyone gets together and brags, a couple of Johnny Walker black (another Indian favorite) and somebody maybe bragged too much.
In Monopoly, once you've got your houses & hotels up, jail is the safest place to be...
That I do agree with. There is a point where you do feel safer in prison. I also took note "Lloyd went to Chicago." guess the coast is clear out that way.
We are all trying to survive, so I thought I would pass this tidbit.
Tonight at 11 pm Central time, on the History Channel, brand new show airing about the Zombie Apocalypse. Dish Network? Ch-120.
How to protect yourself. I caught the last 30-mins of it and I will watch it in full at 11pm. 2-hour show.
Now I understand why they had this info on the CDC website.
Get prepared folks. I'm packed and stacked to the max!!
The Zombie Apocalypse...is that based on fears of civil unrest following the inevitable cancellation of Jersey Shore?
So, steal everything, then blame it on some Indians.
Color me shocked.
Excuse me for interrupting, but I googled "the great unwashed are now eating the great unwashed" and landed here by mistake.
Speaking of... anyone have a quick update on the Fast & Furious Prosecutions?
Holder?
Reuters: Rajat Arrested as Raj Rajaratnam Rat.
[W]hen the smoke settles, we expect a few extra tentacles from 200 West to penetrate even deeper into the three farcical branches of government of this once non-banana republic. – The Fight Club
It’s part of the plan.
The oligarchs are using Wall Street as a way to continue their tyranny. The way they do it, they buy equities with taxpayer money and the QE tax of monetary inflation by creating money out of nothing which keeps the equity indexes up and gives the impression to the sheeple that the system works. It’s called usury: The charging of any interest on a loan of fiat money.
If someone steals your money and gives it to someone else, isn’t it okay to beat up on them?
Wall Street is carrying the taxpayers’ monies in their pockets, flaunting it, buying town cars and estates with it, and using it to create a form of serfdom “in which the great mass of society works as indentured servants to a ruling class of financial nobility.” Their plan is the same as Benjamin Strong’s, a Morgan/Rothschild man who actually wrote the Federal Reserve Act (a brainchild of Paul Warburg) with banker Frank Vanderlip. Strong became governor of the NYFed in 1914 the year it opened for business; Strong’s goal, i.e., the Fed’s goal, was, and is, to control the world economy.
It’s Stalinism. Free Rajat Gupta. Arrest Blankfein, Paulson, Bernanke and Greenspan, and let the anti-Wall Street sentiments swallow this cartel before it swallows Main Street.
That's right dummies. Indians control all your media, all your central banks, the legal system, and Indians are using your military to wipe out Muslims for Israel.
It's the Indians! They're the 1%! LMAO!!!!
FUCK ISRAEL AND ANY ASSHOLE TRAITOR IN MY COUNTRY THAT SUPPORTS IT!
Well, maybe he needed free room and board for a while, and also needed to get his teeth fixed.
Oops, I read all the posts and forgot to say,
Die you gravy-sucking pigs! (@ the bankers)
So umm, ... just the one for now, eh? ... oh well, lot's more where he came from ... are the FBI going to give him the Statesman Suite or the Penthouse with hot-tub? ... oh yes, the smell of an election cycle is all over this ... maybe they can manage a kike next time? ...
Wonder if there are any Blankfein Halloween masks, or is that just too scary for the little tykes?
Any yell for more power of government, is always granted by government. As long as OWS asks for more gvt power, they will sort effect. If they ask for less power, they will be gulagged. Asking for more taxes of the banksters is ok, already approved by the cash starved bloated coercive meat grinder machinery here in europe.
Another Indian (Read: Brown Guy) thrown under the bus...
There! Wall Street is all cleaned up... Time to move forward, not time to look back... Move along... Nothing more to see here...
Riiiiiiiiight. I'm still waiting for Paulson to go to jail.
Ratty Gutsa - what kind of name is that. No wonder he's going to the slammer.
If i were a Rothschild, i'd hug my gold bars in my underground vault too.
Zeigen Sie mir ihre unterlagen juden
http://www.youtube.com/watch?v=ZKie_34cpJI
In one recording dated October 24, 2008, Rajaratnam was heard calling David Lau, chief of Galleon's Singapore branch, and discussing a tip he got from a board member that Goldman was on its way to a surprise fourth-quarter loss, its first as a public company.
The call comes one day after the investment bank held a board meeting discussing the loss, prosecutors said.
"I just heard from somebody who's on the board of Goldman Sachs, they are gonna lose $2 per share," Rajaratnam was heard saying.
"So what he [the board member] was telling me was that, uh, Goldman, the quarter's pretty bad.
from: http://www.aljazeera.com/news/americas/2011/10/2011102635841256878.html
They were pushing Rajaratnam to wear a wire on Gupta, he said he refused. But info like $2 loss per share is very specific. In that case he is in deep trouble.
this would be great if there was the slightest chance this upset goldman...it is window dressing for the obama puppet..they do the same in the uk claiming they made the banks pay out on ppi .. they only did this after allowing squads of online bent solicitors destroying most of the cases..whilst the law society refuses to investigate.
Our only duty now is to teach our children to treat banks like the rabid monsters they are ...and this will be good for all of us...They chose a high speed smash and grab debt industry ensuring decades and generations of no debt industry...clever eh
There once was a fixer called Raj
Who on inside-info lived large,
And Goldman-ite Gupta
Was just as corrupta,
They should both be capsized in a barge.
.Might just be window-dressing (as some here have suggested - thank you TFW)... then again, Guppy might start squealin. Either way I cant imagine Lloyd is exactly thrilled at developments - Goldman Board Member seems a bit too close to home.
My advice to Guppy? FWIW - watch whats in your chapati chutney
based on the sec fine, and how the sec avoided poiting ay fingers anywhere at goldman, didn't mentione their market manipulation, etc. my guess is that the fbi won't even ask he guy about anything, although I'd love for his lawyers to say: hey, I'll make a deal on the other goldman scum. Does anyone believe the fab is the only giu who was in the the scam. (LOL).
when steven fridman gets busted for the easiest insider trading bust in history the I'll buy into it. Hi, I am on the goldma board, the head of the federal reserve, I know the fed is going to give goldman 100% on the dollar for aig so I am buying, and for some reaon that isn't insider trading
Raj Rajaratnam learned his lesson: Never try to play the players.. Especially if they are Warren Buffet and Goldman Sachs! http://www.thenakedemperor.com/oligarch/raj-rajaratnam