Its your turn to vote here on the Goldman Sachs-gate conspiracy

[Rickshaw Man]

Quote from FreeMarkets:

You are becoming one of the biggest idiots on this board.

In what friggin' world would Goldman not be "liquid" without the AIG bailout?

Do you know how much GS received from AIG? Hint it was 12b

Do you know what a typical quarter of GS earnings are worth? Last quarter was pretty good. 3.4 billion.

If AIG had stiffed GS it wouldn't have cost GS more than a couple of years of earnings (tops) let alone blown them up. GS received a whopping 8% of the total bailout and in fact they only received a bit more than TWO EUROPEAN BANKS.

"Goldman Sachs Group Inc. led beneficiaries, with $12.9 billion, followed by Societe Generale SA, France’s No. 3 bank, with $11.9 billion, and Deutsche Bank AG, Germany’s biggest lender, with $11.8 billion."

http://www.bloomberg.com/apps/news?pid=20601087&sid=awiPvRbKoabA

There market cap was very low also. They were on the brink of a run, you can’t deny that. Blankfein was calling Paulson three times a day while there market was plummeting.

If it had not been for Paulson at the treasury they would have gone under.

 

[zdreg]

Quote from Rickshaw Man:

Can you imagine the enemies Goldman must have? Maybe that’s why they bribe so many in Washington.

it is not bribery. it is not even their enemies. it is a cost of doing business. it costs money to grease the wheels.

 

[Rickshaw Man]

Quote from retaildaytrader:

Thats nice with the cheap shot. I am just fine where I am and proud with what I have. I stay at my home and dont have to answer to anyone but myself. I can come and go as I please. Im not huddled in some crowded room with a bunch of traders.

Most of all, I have my pride. My bonus is not being paid by taxpayers. I served in the military and a veteran. Something that you will never have the honor to do or, may I say, have the guts to do. I would never take money from the impoverished and unemployed to get a bonus. That, in my opinion, is simply horrible. I could not and would not take a million dollar bonus if I knew it was coming from the taxpayer's hand. I guess I was raised a little differently then yourself. You obviously have a different set of morals.

When I say "all", I do mean "all" people are corrupt in some way. I have never met a man who did not do something underhanded at some point in their lives. I have never come upon a business that did not pull some kind of trick on their customers. There are no saints in society.

There is no question in my mind that Goldman Sachs was involved in some type of collusion with the government.

Why does the US government have to shred their F-14 fighters? Its because guys like yourself are selling the parts to Iran in the name of making money. Guys like you who have a different set of character and rules set and who never had to go up against these weapons.

http://www.huliq.com/26153/pentagon-pays-900k-dollars-to-shred-f-14-jets

Maybe you need to experience life a little more before you come on here and talk to people you do not know and come to your judgements with your prejudice.

Let he who has never sinned cast the first stone.

 

[Rickshaw Man]

Quote from zdreg:

it is not bribery. it is a cost of doing business.

Not were I come from.

 

[MarketMasher]

Quote from retaildaytrader:

If most people believe there was a conspiracy, why isnt this investigated? Why isnt Congress holding hearings? Why isnt there more outrage?

The poll was about Goldman - but what about the "Let's hope we're all rich and retired before this house of cards falls." (CNBC House Of Cards special) e-mail from one of the ratings agencies?
If that isn't as close to a confession as you can get, what is? If they back-track that up the chain, where would that lead?
What's taking so long?

 

[Elitist Trader]

Quote from retaildaytrader:

Thats nice with the cheap shot. I am just fine where I am and proud with what I have. I stay at my home and dont have to answer to anyone but myself. I can come and go as I please. Im not huddled in some crowded room with a bunch of traders.

Most of all, I have my pride. My bonus is not being paid by taxpayers. I served in the military and a veteran. Something that you will never have the honor to do or, may I say, have the guts to do. I would never take money from the impoverished and unemployed to get a bonus. That, in my opinion, is simply horrible. I could not and would not take a million dollar bonus if I knew it was coming from the taxpayer's hand. I guess I was raised a little differently then yourself. You obviously have a different set of morals.

When I say "all", I do mean "all" people are corrupt in some way. I have never met a man who did not do something underhanded at some point in their lives. I have never come upon a business that did not pull some kind of trick on their customers. There are no saints in society.

There is no question in my mind that Goldman Sachs was involved in some type of collusion with the government.

Why does the US government have to shred their F-14 fighters? Its because guys like yourself are selling the parts to Iran in the name of making money. Guys like you who have a different set of character and rules set and who never had to go up against these weapons.

http://www.huliq.com/26153/pentagon-pays-900k-dollars-to-shred-f-14-jets

Maybe you need to experience life a little more before you come on here and talk to people you do not know and come to your judgements with your prejudice.

If you actually knew what you were talking about, you wouldn't have just made a fool of yourself like you just did.

My only advice is to get some education relevant to economics, political science and psychology

You can start with http://en.wikipedia.org/wiki/Cognitive_dissonance

Learn these things and you will become a much better investor and you might just loose that tin-foil hat (assuming you are willing to let go of it, which should be easy if you are not motivated by spite!).

Im out.

 

[zdreg]

Quote from Elitist Trader:

If you actually knew what you were talking about, you wouldn't have just made a fool of yourself like you just did.

My only advice is to get some education relevant to economics, political science and psychology

You can start with http://en.wikipedia.org/wiki/Cognitive_dissonance

Learn these things and you will become a much better investor and you might just loose that tin-foil hat (assuming you are willing to let go of it, which should be easy if you are not motivated by spite!).

Im out.

instead of attacking the person's post(retaildaytrader) u attacked his character. take the time and refute him sentence by sentence

 

[Rickshaw Man]

Quote from Elitist Trader:

If you actually knew what you were talking about, you wouldn't have just made a fool of yourself like you just did.

My only advice is to get some education relevant to economics, political science and psychology

You can start with http://en.wikipedia.org/wiki/Cognitive_dissonance

Learn these things and you will become a much better investor and you might just loose that tin-foil hat (assuming you are willing to let go of it, which should be easy if you are not motivated by spite!).

Im out.

I see your taking your response from the Goldman defense manual. You guys say the same thing every time. I am starting to think there is a small group of defenders trained in there defense, they all say the same thing.

 

[Rickshaw Man]

Quote from krazykarl:

Many of my friends are govt. contractors and they all make 6 figures. The govt. pays much better than it used to.

Also, do you know what Bernanke did before he was the Fed chairman?

A nutty professor?

 

[kinggyppo]

Quote from Elitist Trader:

If you actually knew what you were talking about, you wouldn't have just made a fool of yourself like you just did.

My only advice is to get some education relevant to economics, political science and psychology

You can start with http://en.wikipedia.org/wiki/Cognitive_dissonance

Learn these things and you will become a much better investor and you might just loose that tin-foil hat (assuming you are willing to let go of it, which should be easy if you are not motivated by spite!).

Im out.

man you are gonna be shit out of luck when the aliens land. By the way its spelled lose not loose.