Recent content by patchie

Immelt and GE are on Obama's economic committee and GE is backed by Buffett. if the accounting fraud scandal is any indication how soft the SEC will be on this that was it. The bigger the company the bigger the fraud and thus the harsher the penalties. When a company with this type market...

So last August it was accounting fraud and now it is false and misleading representation of the business finances. What has become of the ethics we expect from our nations corporate giants? Maybe it is a banking thing as GE's ethics has spun down tremendously since it moved from an...

GE: SEC Looking Into Comments During Credit Crisis By Tiernan Ray The Securities & Exchange Commission is investigating comments made by General Electric (GE) management in September of 2008, when GE told the world its commercial paper market was doing fine, apparently in contrast to the dire...

Besides the fact that the TARP funds was provided to increase lending and lending was not increased, GS never repaid and of the TARP they received from AIG did they? That was TARP money just washed once.

When Wall Street claims they paid back the TARP funds they are looking at it under very selective terms. TARP funds, in the hundreds of billions was used to stabilize the markets and the industry. it was intended to be used to increase credit to stabilize the economy. but that is not what...

A crisis like this helps us as a wealthy nation understand who we are as people. Today, Hollywood and Music personalities are donating their personal wealth and their time to bring aid to Haiti. Stars are offering up $1 Million or more in personal wealth but they likewise are donating the...

Goldman Sachs (GS), in a year-end client note, advised buying credit default swaps on Spanish government debt as one of the firm's top macroeconomic trades for 2010. Credit default swap buyers, in exchange for periodic payments similar to insurance premiums, receive a payout if the debt they are...

The question is, what legal right does the SEC have to go after Paulson. Ken Lewis and the others took into consideration ALL factors including we hope the legal responsibilities as corporate officers and then chose a path. If that path is wrong, they chose it and should be punished. Now, if...

Yea, the SEC wants to squeeze a little more out of the shareholders to pay for the mistakes of executives and board members who will not be held accountable. Imagine, bringing civil charges against a company for failing to disclose material events and yet apparently it is nobody's fault those...

Don't disagree. Doesn't mean it shouldn't happen. This guy has clearly sold out to the industry and is willing to risk the economy on it. Wouldn't the economy be better of if it received the AIG funds instead of Goldman Sachs? Just don't let God in on the secret.

Time Tim was removed from office and a full blown criminal investigation launched into his activities.

http://weblogs.jomc.unc.edu/talkingbiznews/?p=12687 Reuters editor in chief’s regular staff call focuses on killed story January 6th, 2010 TALKING BIZ NEWS EXCLUSIVE Reuters editor in chief David Schlesinger held his regular, quarterly staff conference call on Wednesday, but...

New Evidence Raises Serious Questions About Kingsford Capital’s “Donation” to the Columbia Journalism Review Posted on 06 January 2010 by Mark Mitchell Tags: Columbia Journalism Review, Dan Loeb, donation, Escala, Jim Chanos, Kingsford Capital, Kynikos, naked short selling, SAC Capital...