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News Blankfein Hires Prominent Defense Attorney Send GS Stock Tumbling, Gold Futures Soaring Over $1900

Tyler Durden's picture


For a perfect ending to a schizophrenic day we go to Reuters which has just reported that Goldman's CEO has hired high profile defense attorney Reid Weingarten. The market is not waiting to find out the details, and GS stock is tumbling. What has alos happened is that gold futures punched through $1900 for the first time ever. $2000 is the next target, and will likely be taken out within the week.

GS stock:

And gold:

From Reuters:

Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter.

Blankfein, 56, is in his sixth year at the helm of the largest U.S. investment bank, which has spent two years dodging accusations of conflicts of interest and fraud.

The move to retain Weingarten comes as investigations of Goldman and its role in the 2007-2009 financial crisis continue.

"Why do you bring in someone like that?" said the source, who was not authorized to speak publicly. "It says one thing: that they're taking it seriously."

Blankfein has not been charged in any civil or criminal case, and it was not immediately clear why he hired Weingarten.

David Wells, a spokesman for Goldman, declined to comment.

Weingarten did not respond to requests for comment.

Something big is about to hit the tape, and this time Goldman won't be able to put the whole blame on a twenty-year old Frenchman.


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Mon, 08/22/2011 - 16:50 | 1587565 rsnoble
rsnoble's picture

A real prison at that, with lot's of big black man.  Not quarantined on one of his private islands with 250 native girls.

Tue, 08/23/2011 - 02:36 | 1589306 Freddie
Freddie's picture

Sentence him to the video game Half-Life where zombies (or hedge funds shorting GS) would feast on his flesh.

Mon, 08/22/2011 - 16:49 | 1587558 rsnoble
rsnoble's picture

Why would anyone doing god's work need a defense attorney?? 


Mon, 08/22/2011 - 17:14 | 1587670 e_goldstein
e_goldstein's picture

Ever read the old testament?

Mon, 08/22/2011 - 17:40 | 1587758 FeralSerf
FeralSerf's picture

Why does God need a mouthpiece?  The Pope might have the answer to that one.

Mon, 08/22/2011 - 16:51 | 1587575 GenX Investor
GenX Investor's picture

Guilt is a heavy burden to bear

Mon, 08/22/2011 - 16:56 | 1587588 But then what d...
But then what do I know's picture

So GS needs a defense attorney???? Nooooooo!! Cannot imagine why....

And how is that news??? Let alone to make the price go down by 5%. What a sorry excuse of a market.


Mon, 08/22/2011 - 16:56 | 1587592 John McCloy
John McCloy's picture

  I have stated this before and I will repeat it. President Obama and his underlings are fully aware that there is absolutely no chance of him getting elected unless there is a act of cannibalism on those who funded this charade. The system has never been faced with such a threat to its shadow monopoly primarily because of independent media such as Zero Hedge bringing front and center the root causes of the disease which plagues the false "Illusion of capitalism" and it begins and ends with Wall Street, The Federal Reserve & their purchasing of politicians to work against us. 

      The status quo is at a crossroads where the American people are no longer buying the propaganda and now not even buying the attempts for the puppet candidates to pull a "The Thing" Carpenter style on people like Ron Paul's reassertion of the exact diagnosis of what is wrong with our economic structure and political structure. 2012 is going to go down as a historic year of the war vs the status quo. So just think about these things:

1) The Quo require Pres Obama and those who pull the strings need him or the chosen Romney, Bachmann, Palin or Perry puppets to maintain their control.

2) The President has greelit numerous stimulus and QE programs which were intended to raise the market to continue the deception that the economy is recovering because he is an uneducated usefool tool who can be talked into such blatant sacrifice by the taxpayer to maintain the wealth of the wealthiest.

3) In order to pretend there is some actual justice in this nation President Obama has one choice only in the next year and that is to come out full force against the banking elites and turn them into the villians we all know that they are.

4) We are at the stage where both sides of the legacy media must ignore the most dangerous candidate to their attempts at global government and banking and one who has quadrupled his support from 4 years ago. 

5) The internet is making information related to the true purpose of the Fed cartel widely available and citizens not only around the U.S. but globally are seeing the end result is 100% protection from financial loss, 100% insulation from judicial prosecution and austerity implemented on the peasentry.

6) For the past 2 years any and all domestic attacks by a lone individual have seen a rush to paint a "Tea Partier" as the perpetruator and to no avail. 

7) Do not take lightly the talk of using a "false alien invasion" as mere rhetoric. It has been suggested numerous times that one of the only ways to usher in global government is through an event such as this both by Reagan and more recently Paul Krugman. NASA just released a report last week citing that, "Aliens may attempt to destroy us because..WAIT FOR IT...increased CO2 levels and the wish to prevent us from destroying the universe". There has been a number of reports of rising UFO reports captured over Russia, China airport closures and even in NYC in the past year. These may all be test balloons to see the viability of such a staged event leading to the cancellation of election in 2012.

8) If Ron Paul wins the GOP nomination in 2012 I assure you there will be no elections in November.

9) The Wall Street elites are now faced with a deadlock on new constitutionalist coming into Congress in 2012 along with a Paul presidency and are fearful that they are in danger politically as the deserved fall guys for what has occurred. The question is do they usher in a financial act of fear to grab all that they can and contract the money supply to distract the citizens or cross their fingers that their financing of the puppets works and they elect a protector of their livelihood. Perhaps they are taking no chances.

10) Bernanke is completely handcuffed with rising gold prices and media attention even now on those parasiting Ron Paul's ideas to the point where he may not be able to usher in a QE3 since it has proven a failure on 2 occasions while prices continue to fall in housing and metals continue the ascent. 

11) Trillions of military contractor dollars are on the line if these wars and CIA machinations beyond the scenes of revolutions do not continue. We are talking about a power structure which has managed to globally concert their efforts for 40+ years to continue to extract the debt of the citizens which becomes their wealth as they expand their empire.

    The bottom line is that they do not know what to do and that is why we are seeing moves to create a internet kill switch because they have no idea other than oppression to prevent millions of folks getting accurate unbiased information that is not funded by the wealth cartels of the world. How does a small island such as the U.K. and the wealthy Euro families of business expect to survive the coming century since they have NO RESOURCES? 

     They will do what they always have and that is band together to expand their empire this time under the banner of humanitariansim and use their bribes to install governments in Asia & Africa and impose favorable trade laws and it now has been exposed that these desperate empires have been using the U.S. (The grandest chess piece) as the beacon under a false ideology of spreading democracy to do nothing other than spread their empire while exploiting those in the world who produce. Tyranny is the oldest story known to mankind so they distract with reality tv (Roman Games) and give you the news they deem fit to consume via soundbites on the channels that they own and manipulate. 

     Pres O needs a grand gesture since nothing else is working to throw him back in the game and a populist exercise such as a DOJ investigation and jail sentences for Goldman may be in store. That may a reason this defense attorney was hired. Proof that the human desire for freedom on a long enough time line can only be temporarily staved off. 2012 is going to be a year when things you never in your wildest imaginations could conceive come to life as all stops are pulled to keep the people from taking the red pill.

Mon, 08/22/2011 - 17:01 | 1587615 rsnoble
rsnoble's picture

Pretty much.  Yep, we're screwed.

Mon, 08/22/2011 - 17:17 | 1587686 John McCloy
John McCloy's picture

   And one last note..if any candidate was ever in need of secret service protection early on in a race and a pope mobile to protect him from those who have more to lose from any one person than has ever existed in political history it is Ron Paul. I gladly donated to his campaign to his money bomb but it is essential that a good portion of his expenditure goes towards security. Politically it would also be a great statement highlighting the threat to the status quo and draw media attention to how highly we regard the security of this one singular mind who carries with him the last hopes of our nation to return us to the freedom that made us great. This is for all the marbles and they all know it.


Mon, 08/22/2011 - 21:50 | 1588664 Randy Kruger
Randy Kruger's picture

I don't think RP faces a serious security threat from the establishment.  Just think about some potential scenarios.  Let's say RP loses the Republican primary (don't think there can be any doubt there, as many of his supporters are not registered Republicans and can't vote in the primary).  He then runs as an independent candidate and wins the general election.  Fantastic, but now what?  He'll be there all alone, not supported by any part of the Washington political machine or the Wall St money machine.  In other words, he'll be unable to govern.

Mon, 08/22/2011 - 22:14 | 1588773 CompassionateFascist
CompassionateFascist's picture

Yep. The Globalistas are just terrified of 'ol open-borders/free trade libertard Ron Paul.

Tue, 08/23/2011 - 01:01 | 1589216 Savyindallas
Savyindallas's picture

Yep  -screwed we are. If I'm going down. though, I want to take a few of those bastards down with me.

Mon, 08/22/2011 - 17:07 | 1587635 dick cheneys ghost
dick cheneys ghost's picture

Right you are.........

Mon, 08/22/2011 - 17:07 | 1587636 anony
anony's picture

Hardly know where to begin since you've obviously spent a lot of time on this. 

But most of it including your conclusions about fines and prison terms for jews on wall street is about as likely as the existence of an afterlife, the resurrection of Jesus Christ, and turning a few loaves of bread into enough to feed millions.

And if you think more than a handful of yus are paying attention to all that is happening, spending at least several hours a day ruminating over the problems that we face, then you haven't seen the stats on how many people know where Petaluma is and finding Switzerland on a map. 

Just ask any random citizen who is the current chairman of Goldman Sucks, or the Secretary of the Treasury.

Don't worry about theBamster, he'll be re-elected simply because the ADL and other zionist organizations will see to it.  Intrade has it at 50/50 and I'm setting myself up for a huge payday as the numbers drift to 90/10 that he will not be re-elected.  He will be and you read it here first.

Mon, 08/22/2011 - 17:14 | 1587676 JLee2027
JLee2027's picture

I do hope ZH adds an ignore user feature soon. How dare you insult Christians like the backstabber you are.

Mon, 08/22/2011 - 19:24 | 1588175 Almost Solvent
Almost Solvent's picture

The real problem is that very few on ZH see this for what it really is: 

Mind Controlling Eels. They wrap themselves around the cerebral cortex. . .

Mon, 08/22/2011 - 20:49 | 1588418 anony
anony's picture

It may be an insult but the truth is rarely free of barbs.  Some quite sharp.

Christians, especially Evangelical ones, are behind practically every war in the last 200 years.

All based on a fucking myth.  And we wonder why our people 60 % or more believe in life after death, are so easily conned day in and day out.

Mon, 08/22/2011 - 22:13 | 1588761 Randy Kruger
Randy Kruger's picture

Tyler, have you considered moderated forums?  With "contributors" like this one, the quality of content is going right down the drain.

Tue, 08/23/2011 - 21:58 | 1593055 anony
anony's picture

I agree.  You've taken up all this bandwidth to neither disagree, nor refute  what was written, just a plaintive cry from you to some higher authority to do what you can for yourself. 

Liberal, lefty, and stupid.  

Tue, 08/23/2011 - 01:03 | 1589218 Savyindallas
Savyindallas's picture


Tue, 08/23/2011 - 21:56 | 1593041 anony
anony's picture

No capital letter, no period.....public school, inner city, right? 


Mon, 08/22/2011 - 17:09 | 1587640 What_Me_Worry
What_Me_Worry's picture

"I, for onewelcome our new insect overlords"




Mon, 08/22/2011 - 18:13 | 1587890 Calculated_Risk
Calculated_Risk's picture

Shit! I thought they were lizards!!!

Mon, 08/22/2011 - 17:12 | 1587660 Lord Welligton
Lord Welligton's picture

"I have stated this before and I will repeat it. President Obama and his underlings are fully aware that there is absolutely no chance of him getting elected unless there is a act of cannibalism on those who funded this charade."


And this act of cannibalism is Goldman Sachs eating it's own.

It cannot be other than that.

Mon, 08/22/2011 - 17:13 | 1587661 JLee2027
JLee2027's picture

Your post is astounding and filled with brilliant insights. I do believe if elections were cancelled, an armed revolt would be the response.

Mon, 08/22/2011 - 17:14 | 1587674 Lord Welligton
Lord Welligton's picture

8) If Ron Paul wins the GOP nomination in 2012 I assure you there will be no elections in November.


If Ron Paul wins the GOP nomination in 2012 I assure you he will die of natural causes.

Mon, 08/22/2011 - 17:21 | 1587696 Trump2012
Trump2012's picture

Sad, but true.  Love live Uncle Ron!!!


Paul/Bachmann winning ticket!!!

Mon, 08/22/2011 - 17:50 | 1587794 Lord Welligton
Lord Welligton's picture

Bachmann is bought and paid for.

She is also as ignorant as the day is long.

Mon, 08/22/2011 - 18:02 | 1587845 Id fight Gandhi
Id fight Gandhi's picture

Bachmann is an Israel backer too.

Mon, 08/22/2011 - 22:15 | 1588776 Randy Kruger
Randy Kruger's picture

You just reminded me why we got the nukes.

Mon, 08/22/2011 - 17:20 | 1587694 Lord Welligton
Lord Welligton's picture

10) Bernanke is completely handcuffed with rising gold prices and media attention even now on those parasiting Ron Paul's ideas to the point where he may not be able to usher in a QE3 since it has proven a failure on 2 occasions while prices continue to fall in housing and metals continue the ascent.

I think you are right there.

QE3 won't change the deindustrialisation of the USA.

Bernanke (the idiot "Macro Economist") knows that to usher in QE3 would mean a loss of face (not faith).

Bernanke has been found to be lacking in balls.

He has allowed the USA to become a Ward of the Creditors.

Expect fireworks.

That's all the USA has left.

Mon, 08/22/2011 - 17:26 | 1587710 SumSUN
SumSUN's picture

Great post.


Be your own central bank bitchez.

Mon, 08/22/2011 - 17:40 | 1587725 NuYawkFrankie
NuYawkFrankie's picture



The reason I gave this otherwise excellent piece a -1 (MINUS 1) is for these weasel words:

"...these desperate empires have been using the U.S."

"Mommy! Mommy! It wasnt me! It was those other nasty kids that made me do it!"

P-U-K-E !!!

Its the UNITED STATES of AMERICA thats been bombing the shit outta people - paid for by YOU! Dont try and weasel outta it - you are ro blame - just as much as the UK, Europeans etc.

Its the UNITED STATES of AMERICA thats been riipping off the world with its phoney reserve curreny scam and fraudulent securities

Your denial of the stark facts - whilst demonstrating your willful ignorance - only adds to your culpability.



Mon, 08/22/2011 - 17:53 | 1587802 John McCloy
John McCloy's picture

     I never stated the U.S. is not complicit when I say empire since it is very much complicit (Or should I say families of influence) and also guilty of collusion. An empire of elites who believe themselves fit, much like a shared monarchy, to determine the outcomes of free souls not on their merit but on what they can manipulate to our detriment. 

  What I mean is that the idea of what made the United States great is just another vehicle for those foreign and domestic.

Mon, 08/22/2011 - 18:12 | 1587828 NuYawkFrankie
NuYawkFrankie's picture

I stand corrected. 

It is however an unfortunate national trait that the USA is often portrayed as the unfortunate, unwitting, innocent bystander that has somehow been tricked into doing the dirty deed - when in reality it's been the main instigator. 

It gives me no pleasure in facing up to these facts - but time is getting very short...

Mon, 08/22/2011 - 17:59 | 1587825 BoNeSxxx
BoNeSxxx's picture

It is you who are willfully ignorant -- or possibly not willful but plainly ignorant.


The only thing American taxpayers are guilty of is sharing in your ignorance.


The U.S. has been following an agenda created by the Council on Foreign Relations, the Club of Rome, and the Trilateral Commission (enforced and propagated by under the auspices of the United Nations).


The U.S. HAS indeed been used.  Granted, the sheeple allowed it but what choice did they have?  The dumbing-down of our educational infrastructure was part of the agenda.  Shipping our manufacturing to China -- part of the agenda.


Using the U.S. as the United Nations' de facto World Policeman -- also part of the agenda.


How dare you accuse the sheeple of being anything other than sheeple.

Mon, 08/22/2011 - 20:56 | 1588432 slewie the pi-rat
slewie the pi-rat's picture

1) nice!
2) true!
3) so what?

baabaa baba
(prez: democracy NOW! for the moocow brotherhide 0'alqaeda BiChez)


Tue, 08/23/2011 - 01:10 | 1589226 Savyindallas
Savyindallas's picture

You are absolutely right - but under these circumstances, being such sheeple is pretty damning. Try talking sens into these people  -they just don't want to listen. They just do not want the truth. They are like Pavlov's dogs  - they hvve no mind, they have no soul. It's goddam pathetic.

Mon, 08/22/2011 - 17:41 | 1587762 gwar5
gwar5's picture

They can all have it both ways, too....


They can start the fake scapegoating, investigations, and show trials, and drag it out until after the 2012 election. After the election, Blankfein & Goldman Sack,, are, miraculously, cleared of all charges.  Then, back to business as usual.

And there's always outgoing presidential pardons for the truly desperate who are beyond unseemly appearances.



Mon, 08/22/2011 - 18:12 | 1587887 Apocalypse Now
Apocalypse Now's picture

You have to watch this short cartoon called Disclosure!

Unite mankind with a phony problem and enslave them with one world government and taxes.

Global Warming not working out for you? You need disclosure!

Cue the fake alien invasion.

For everyone's information we now have the technology to pull this off:

* 3D holograms that can be projected on to barium salts in the sky (currently spraying barium and aluminum allegedly to curb global warming / radiation). See the Japanese band that tours with a lead singer that is a 3D hologram. Prince Charles preparing to do environmental talks via hologram to reduce his carbon footprint. By the way the Queen owns more land than just about anybody, if the global warming anti-co2 goes through land owners might get credits for undeveloped land, so it could generate income without development

*Low Frequency microwaves that can communicate a message by-passing the ears (send a message that sounds as if it is coming from within your own head)

*Anti-Gravity craft - UFO's are the next generation of spacecraft using nuclear energy requiring less thrust and less lift making the edge of space irrelevant

For the ten years leading up to a major event, many movies were produced based on terrorists.

For the last ten years, many movies were produced based on the concept of aliens.

I believe they are floating trial balloons to see how people react and how receptive they are. If they are not receptive, they might want to do more conditioning.

Recently even the Vatican created an ambassador that would welcome space visitors.

The famous rocket scientist Wernher Von Braun warned that the elites would use outer space "threats" as an excuse to weaponize space but that it would be based on a lie. He said that would be the last card or should I say, canard.

On the Ron Paul front, I think if he gained the nomination a false flag attack would be blamed on Iran to ruin the appearance of his foreign policy. What he said might be true, but the U.S. should use its position in the world to discourage proliferation. In foreign policy it is better to be thought of as hawkish in my opinion to avoid potential challengers from being emboldened, but perhaps he was living by the saying talk softly and carrying a big stick.

To clarify his position on Israel, he actually said the U.S. interferes too much in their affairs and that we should let them do what they need to. He actually said he supported what they did with the other reactors. He does want to cut foreign aid to Israel as well as Egypt and others. George Washington was big on limiting foreign entanglements.

Mon, 08/22/2011 - 20:43 | 1588394 slewie the pi-rat
slewie the pi-rat's picture

hey, A_N! 

that's a double bingo, the hard way! 

tho it seems that you might be saying that our weaponization of space is a canard, altho clearly, you are saying that using outer space threats to weaponize space would have been a canard, according to WvB, even tho "they/we" weaponized space b/c of "real" (earthly) from "bad guys"... after 1977, (i.e. after WvB had taken a 'new' trajectory)...

in 2004 when my kids stated:  "no way bush could ever get re-elected," i gently reminded the degenerate spawn that this was the nation that re-elected fuking nixon, altho he was not able to complete his second term as moriarty b/c he was so absolutely full0'shit that it actually did start coming outa his ears!  and pardonnez moi, s'il vous plait if the prez does it it rilly doesn't make it legal, now, does it, but, hey, that's been fixed, right?

i think prez0 may actually be angling to play the "justice" card for term #2.  why not?  just throw a few republic_nts to the lions and who cld stop him?  some dude from texas who is all hat/no cattle and had, since july, made a comlete jackass outa himself a) by not actually leading the nation to try to "stop the debt ceiling increase" while, b) on the same day it was passed, introducing "populist" legislation to "abrogate" $1.5 Tril of debt b/c, hey!  we "owe it to ouselves" see?  besides, whoever takes the desks of the sacrificial perps, they gonna contri-boot, too, right?  or would they prefer the "boot" to the "cont"-tribute/or?  (i.e. between the legs of the BiCheZ who don't pay to him to play for them)

i don't think prez0 would mind, at all, if www.r.paul.goober "got the nomination" b/c he is so "popular" now and "understands"  that if we owe anything to "ourselves" well, just fukkit, who cares!  vote for meeee!!!, with or w/out another "war" to "prove" the other party is just a bunch of freaking psychotic, self-annihilating pussies!

must say, the psy-ops/laser rock show work for me!  wtf, how about elvis?  huh?  L0L! with a golden harp, maybe, and a leather halo...

Mon, 08/22/2011 - 22:49 | 1588897 tip e. canoe
tip e. canoe's picture

Remember the USSS LeMay

Tue, 08/23/2011 - 03:49 | 1589357 blunderdog
blunderdog's picture

Nixon's first term was a tour de force.  Nixon was re-elected because he made chicken salad out of chicken shit, and if either Kennedy or Johnson had been worth a damn, that asshole Nixon wouldn't have been in the wrong place at the wrong time.

The ONLY problem with Nixon was he was batshit crazy.  This only seems like a "big" problem because he was caught and most of them never are.

What would Humphrey have done?

How about McGovern?

Seriously for a minute now.  You were voting back then, right?

Mon, 08/22/2011 - 19:25 | 1588178 DRCAL
DRCAL's picture

You use too much rhetoric. The basic issue will most likely boil down to an abuse of derivative contracts for gold at 10 or 100 to 1 for every oz of real gold. Either short or long it becomes a Ponzi scheme. Don't try to make much more of the issue.

Mon, 08/22/2011 - 19:46 | 1588256 knukles
knukles's picture

+ Priceless.
Interstingly, it is hard to find another whose caught hold of the new "alien" meme.  It's global... and none to subtle...
Spot on. 

Mon, 08/22/2011 - 20:01 | 1588300 robertocarlos
robertocarlos's picture

Number 8 is a very bold and frightening statement.

Mon, 08/22/2011 - 22:58 | 1588785 tip e. canoe
tip e. canoe's picture

see you been shining your crystal ball diligently John.   nice to see others running interference on Project Bluebeam.  don't forget about the Norway Spiral the night before 0 got his piece O'prize.   maybe the "ET's" will beam up Blankenfein and ram an anal probe up him on live TV to help 0 kill 2 birds with 1 stone?   wonder what the hedgeline would be on that close encounter?

my early vote: "Karma's a Probe: Watch Lloyd Get Reamed by Aliens Live on/in Sky"

Tue, 08/23/2011 - 07:42 | 1589495 sherryw
sherryw's picture


Mon, 08/22/2011 - 16:58 | 1587600 anony
anony's picture

Here's the thing.   He and all of Goldman Sucks top big Jefes here and gone, like Hank Paulson, could have the company fall in share price down to zero and they would still be at least as well off as  'Little Dick' Fuld. Immensely wealthy with what they have already been graciously given by Hank Paulson. 


Mon, 08/22/2011 - 17:39 | 1587601 Apocalypse Now
Apocalypse Now's picture

So the question is which alleged rumored fraud is he concerned about defending against?

* It could relate to the recent Congressional leak from data requested from the CFTC outlining that oil positions were extremely concentrated with a few traders during the oil bubble to almost $150 / barrel.

* Obama's administration recently asked NY state to drop charges on banks due to mortgage fraud issues but it appeared that the state AG was not rolling over.

* Martin Armstrong predicted that GS would go after Paulson's positions calling it the next panic trade, which includes one of the largest positions in gold. Perhaps they took short positions on gold while targeting Paulson's equity positions with naked shorts in order to get him to dump gold and thereby lowering the price.

Mortgage fraud or oil price manipulation are probably the most likely accusations, and oil would be a great populist issue since we all paid for it at the pump while a few made billions with leverage.

Mon, 08/22/2011 - 17:02 | 1587619 Theta_Burn
Theta_Burn's picture

$1900.10 a zee....WOW

Mon, 08/22/2011 - 17:22 | 1587702 Trump2012
Trump2012's picture

Bought $235 september calls today!!! up 70% on the day woot! Woot!

Mon, 08/22/2011 - 17:09 | 1587642 mfoste1
mfoste1's picture

i might make a new bet on intrade.....that Lloyd will take jailhouse cock in his ass before the 2012 elections?

Mon, 08/22/2011 - 17:11 | 1587653 Quinvarius
Quinvarius's picture

When is Jamie "The Shithead" Dimon's turn?

Mon, 08/22/2011 - 17:13 | 1587663 What_Me_Worry
What_Me_Worry's picture

JPM is the underboss.  Dimon probably is safe as long as the Fed is still in control.  Dimon is clearly above the law, at this point.

Mon, 08/22/2011 - 17:14 | 1587668 lizzy36
lizzy36's picture

In other news Vice President Biden is having a busy day in China:

Mon, 08/22/2011 - 17:16 | 1587679 docj
docj's picture

Seriously? That's not a PhotoShop deal?

Wow - that's idiotic even by Joe Biteme standards.

Mon, 08/22/2011 - 17:23 | 1587703 lizzy36
lizzy36's picture

Nope not a Photoshop. Real deal.

Caption away gang.

Mon, 08/22/2011 - 17:53 | 1587806 Temporalist
Temporalist's picture

"Guys, wanna see me do my Belushi version of Vito Corleone?"

Mon, 08/22/2011 - 18:30 | 1587954 steelhead23
steelhead23's picture

Still smarting from number 1, Joe looked up to see a long line forming.

Mon, 08/22/2011 - 19:47 | 1588259 Hulk
Hulk's picture

Its the two guys in funny hats and blue thongs, just behind Biden and off camera, that are the real story... Biden looks ready to me.

Mon, 08/22/2011 - 22:10 | 1588749 tom a taxpayer
tom a taxpayer's picture

"Guys, I'm getting tired. How many more "egg rolls" do I have to suck before you promise to keep buying our Treasury bonds?"

Mon, 08/22/2011 - 17:27 | 1587714 augmister
augmister's picture

Is it true that Joe Biteme would not wear the ceremonial thong?


Mon, 08/22/2011 - 17:16 | 1587682 TruthInSunshine
TruthInSunshine's picture

Everyone's going Full Retard these days.

Who wants to caption that?

Mon, 08/22/2011 - 17:42 | 1587763 John McCloy
John McCloy's picture

"My country has in its wisdom contrived for me the most insignificant office that ever the invention of man contrived or his imagination conceived." (Upon being elected as the first Vice President) - John Adams

  And the VP of "Summers of recovery" is validating the wisdom of this founding father nearly 200 years after his death with this asinine photo. And with that let me leave you with another quote proven ahead of it's time as we witness on  FOX & MSNBC on a daily basis.

There is nothing which I dread so much as a division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, is to be dreaded as the greatest political evil under our Constitution. - John Adams

Mon, 08/22/2011 - 18:01 | 1587838 Use of Weapons
Use of Weapons's picture

Something he can relate to:


Politics, Mongolian style - Red is for fat cats, Blue is for hipster fags, and like always, the people running the show are in the background laughing their ass off.





What the fuck is that in your pocket? ODing on Viagra to handle these boys?

Mon, 08/22/2011 - 18:06 | 1587862 citta vritti
citta vritti's picture

Mongolia, actually

Mon, 08/22/2011 - 18:38 | 1587990 JuicedGamma
JuicedGamma's picture

Good grief Biden is being himself again, someone please gag and bind him.

Mon, 08/22/2011 - 18:54 | 1588031 slewie the pi-rat
slewie the pi-rat's picture

hey!  thxz for the LINK, lizzie!  nothing like quadrupling the down-load time for hundreds of thousandz of poor people world-wide!  hawhawhaw!!!

did sac tell it was ok, now, to do so?  or was that tyler?  or are you rilly that fuking selfish?

if you rilly crave attention, why not just take off your clothes and post that picture instead of writing something cogent, which you have actually done here, altho rarely, lately

Mon, 08/22/2011 - 19:51 | 1588273 knukles
knukles's picture

Jesus H Fucking Christ on a Crutch!
He went to China to reassure the Maoaptolists that their money was safe in America and he's apeing this shit in public?!?!?!?!

And the people in DC wonder why the fuck they got ever so deservedly downgraded.

End of Days.

Mon, 08/22/2011 - 21:02 | 1588452 slewie the pi-rat
slewie the pi-rat's picture

hey, mr C!

and you know why he went to china, b/c...?

Tue, 08/23/2011 - 06:28 | 1589431 chindit13
chindit13's picture

"Hey, I never said he didn't owe you guys money;  I just said it's better to bring it up with Barney Frank yourself."

Tue, 08/23/2011 - 07:00 | 1589456 nmewn
nmewn's picture

We have an unqualified narcissist as POTUS and then Biden, Biden one of the most incompetent boobs on the face of the planet, as his vice. Has anyone let these small details sink in yet? The chi-coms must think we're

The country is in the very best of hands.

Mon, 08/22/2011 - 17:16 | 1587681 monopoly
monopoly's picture

Nothing would make me happier than to see this bald squid end up in a high security prison with "special inmates". He and so many others have destroyed the lives of millions of citizens, and not one of them yet in jail. Great job obama. What a disaster he is.

Mon, 08/22/2011 - 17:30 | 1587726 iLoveMisesToPieces
iLoveMisesToPieces's picture

The prisoner's dilemma is coming unraveled.  A lot of people like to think all the powers that be sit in a smokey room together and make these decisions.  They don't.  These people aren't on the same team,   they just have similar ends and have all used each other to make the ponzi scheme work.  Each player has their place.  But as things start cracking, nobody wants to be left holding the bag.  There is no loyalty.  Watch out below.

Mon, 08/22/2011 - 17:31 | 1587728 iLoveMisesToPieces
iLoveMisesToPieces's picture

double post

Mon, 08/22/2011 - 17:32 | 1587731 augmister
augmister's picture

Dey ist all in der GS bunker in NY.   Cyanide anyone?


Mon, 08/22/2011 - 17:32 | 1587732 Use of Weapons
Use of Weapons's picture

Someone remind me at what point GS gets to go private again, and drop the charade of being a public bank? [single ATM in the gold plated bathroom]


If BoA is getting the ugly sister treatment, these kids are too smart & too sharp not to be using that iceberg moment to get back into Alone in the Dark territory.

Mon, 08/22/2011 - 17:33 | 1587735 John Law Lives
John Law Lives's picture

Now, why would he need a lawyer for doing God's work...

I hope he gets hard time in prison.

Mon, 08/22/2011 - 19:17 | 1588147 topcallingtroll
topcallingtroll's picture

buggery is too good for him.

Mon, 08/22/2011 - 17:36 | 1587745 buzzsaw99
buzzsaw99's picture

from cnbc:


"If Blankfein hired him in a personal capacity, it means that his interests and Goldman's have diverged. That's bad news for one of them,"...

Mon, 08/22/2011 - 17:59 | 1587831 navy62802
navy62802's picture

BTW - Citi has raised its 2012 and 2013 outlook on the price of gold to $1650 for 2012 and $1500 for 2013. (and no, I didn't get those years mixed up either)

Mon, 08/22/2011 - 18:02 | 1587842 Use of Weapons
Use of Weapons's picture

Pre or Post crash pricing?

Mon, 08/22/2011 - 18:03 | 1587847 americanspirit
americanspirit's picture

If the DOJ would go after Blankfein with RICO then every penny this god-serving thief has stolen could be taken from him - cash, real estate, cars, art, jewelry - everything.

Rinse and repeat with all his top executives and especially with his Board.

Then send every last one of them to SUPERMAX and be done with it.

Now wouldn't that be a grand show?

Mon, 08/22/2011 - 20:05 | 1588312 robertocarlos
robertocarlos's picture

Wouldn't they have to arrest former Sec treasurer Paulson as well?

Mon, 08/22/2011 - 22:26 | 1588826 tom a taxpayer
tom a taxpayer's picture

Yes, justice demands long-overdue prosecutions of Goldman Sachs, the ratings agencies, Countrywide, banksters, Wall Street con artists and every one in between in these overlapping RICO criminal enterprises. We need 20 years-to-life hard time prison sentences for the hundreds of white collar criminals who committed the greatest financial crimes in U.S. history. We need RICO confiscations of the hundreds of billions in illegal "profits" from the criminal enterprises of the banks, mortgage industry, and Wall Street Mafia.

Mon, 08/22/2011 - 18:09 | 1587871 bankonzhongguo
bankonzhongguo's picture

No, no, no.

This is just fluffing up the resume to be the next Sec of Treasury.

You can't really be a public servant anymore without a BONA FIDE criminal background.

Anybody can say they want the job and SAY they are a crook.

Very few actually qualify.

Little fucker.

Mon, 08/22/2011 - 18:31 | 1587957 thetrader
Mon, 08/22/2011 - 19:02 | 1588089 bugs_
bugs_'s picture

While I like the failure to deliver gold idea, also remember that good old Raj is out there and most likely singing.  Deep Shah.

Tue, 08/23/2011 - 01:10 | 1589227 slewie the pi-rat
slewie the pi-rat's picture

you sound like a falakpenis!  try being clearhere,dear,hear?  rational, even, if it is remotely possible for you at this point.  pls do not reply since i wld surely just tell you to stf up, and stop projecting.  thank you in advance, BiCh!

Mon, 08/22/2011 - 19:04 | 1588092 Downtoolong
Downtoolong's picture

Any one of these top Wall Street CEO’s has enough dope on the rest (and the practices of their firms and regulators) to send them up the river at any time. That, ironically, is what has protected and kept them silent for so long. If they ever start ratting on each other (and maybe that’s what is unfolding here) it’s going to be more entertaining than every movie made in the last ten years, combined.

I have said ever since the news about Madoff’s Ponzi scam broke that his biggest crime isn’t the money he stole. It is the fact that he has yet to finger his accomplices, who in some cases are still running mega billion dollar money management firms.   

Mon, 08/22/2011 - 19:14 | 1588136 Ms. Erable
Ms. Erable's picture

Blankfiend and a legal team in the same room? Please tell me I'm not the only one here who thinks of this as a "two birds, one stone" opportunity.

Mon, 08/22/2011 - 19:15 | 1588141 topcallingtroll
topcallingtroll's picture

Trial? We don't need no stinking trial.

Mon, 08/22/2011 - 19:27 | 1588191 The Fonz...befo...
The Fonz...before shark jump's picture

Justice will be swerved

Mon, 08/22/2011 - 19:32 | 1588213 gmj
gmj's picture

Tyler, you are losing your touch.  Your dark predictions are getting further and further behind the real-world shitstorm.  You are just too optimistic.

Vonnegut:  "The earthlings behaved at all times as though there were a big eye in the sky -- as though that big eye were ravenous for entertainment.  The big eye was a glutton for great theater.  The big eye was indifferent as to whether the Earthling shows were comedy, tragedy, farce, satire, athletics or vaudeville.  Its demand, which Earthlings apparently found as irresistible as gravity, was that the shows be great."

Vonnegut:  “I want to stay as close to the edge as I can without going over. Out on the edge you see all kinds of things you can’t see from the center”

Mon, 08/22/2011 - 19:54 | 1588285 mfoste1
mfoste1's picture

at least he'll have his buddy Raj to pal around with upstate....wonder what kind of adventures they'll get into up there?

Mon, 08/22/2011 - 20:06 | 1588318 choorles
Mon, 08/22/2011 - 21:18 | 1588505 Buck Johnson
Buck Johnson's picture

This article is correct.  It's getting to the point that like any cabal, they have to throw part of it to the wolves in order to save the rest.  And it may come down to the bankers being rounded up, prosecuted and blamed for the whole financial mess that happened and is coming.  They don't know what to do, the whole thing is coming apart and they where delusional into thinking that they would be able to control it.  The irony is that these financial elites who pushed this may be signing their own death warrants literally.  Be careful what you wish for, you just might get it.

Tue, 08/23/2011 - 01:48 | 1589264 honestann
honestann's picture

You know why you make sense?

Because the predators-that-be, for the very first time, actually consider it possible (not likely, but somewhat possible) that Ron Paul will win the presidential election.  And they also undoubtedly decided to have him assassinated... but someone probably raised their hands and pointed out what would happen in this country if they were to assassinate Ron Paul.  The result would not be like a bunch of poor hopeless city-thugs rioting in major cities.  Oh no.  The liberty people in this country know exactly where the crosshairs of their weapons need to be centered.  And they'd go absolutely ape-shit, as they should.

Likely the predators-that-be are at least talking now about how rounding up a bunch of banksters and hanging them out to dry would likely take the edge off of the Ron Paul revolution, as too many moron-americans would falsely assume that action had something to do with belated ethics in government.

You want to see real panic?  If Ron Paul starts winning primaries, you'll see the predators-that-be panic like you've never seen panic before.  Because they may realize that at this point, they'll have no choice but try to survive 8 years without their predator-klepto-club in charge of everything on earth.  On the other hand, they may realize what I do... that the rest of the world would go absolute ape-shit if Ron Paul gets elected (I mean the people, not the governments).  The people would say "we want some of that too" and burn down half the governments on earth to get some.

Wishful thinking and unlikely?  Yup.  Impossible?  Nope.

Mon, 08/22/2011 - 21:40 | 1588616 espirit
espirit's picture

Blankfein and GS should have hired two lawyers, that way it would put and end to their clusterfukin ponzi more quickly.

Mon, 08/22/2011 - 22:45 | 1588885 PulauHantu29
PulauHantu29's picture

"No one saw this coming," they testitifed to Congress.


Maybe the Vatican is finally after The Man who claims is, "doing God's work."

Tue, 08/23/2011 - 03:51 | 1589359 blunderdog
blunderdog's picture

This is damn bullish for GS.  At least now he has representation. 

Where's Robo?  Poor fucker didn't have to get a job, did he?

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