they will find a new scam, since Goldman Sachs essentially runs the Fed now.
On Mon, Dec 28, 2009 at 11:52 AM, Vivec <[email protected]> wrote: > > Yes, read that a while back. > I also read that this was part of the reason they were able to post > such huge profits. > > It sounds extremely illegal, but I was told that if what I described > was true, it was not illegal. > > It was allowed, and encouraged. It is part of Capitalism and the Free > Market and should not be restricted > as it would constrain innovation in the financial services sector. > > In my view it's like playing in a football match, and betting on the > same game that your team will lose. > > However we have been told by several analysts that absolutley nothing > has changed on Wall St. in terms of regulation following the financial > collapse regardless of what the governments said. > And further regulations are highly unlikely with the debt being repaid. > > That means that these guys are free to do this all over again if they want > to. > > 2009/12/28 Robert Munn <[email protected]>: > > > essentially betting that they investment vehicles they created and sold > to > > their clients would fail? > > > > It sounds to me like the tactics of a two-bit shyster. It is totally > > unethical and should be illegal. I could see major lawsuits based on > > Goldman's fiduciary duty to their clients. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:309807 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
