$550 million fine

[lamboguy]

GOLDMAN SACHS just agreed to pay $550 million fine for helping JOHN PAULSON and his fund take down billions when the mortgage market got croaked. of course GOLDMAN had this money put aside because they knew ahead of time they were going to get grabbed. to them this is just the cost of doing business to swindle the public out of their money. GOLDMAN is certainly not the only ones at this game.

the banking business is great these days for the people running the banks.

[HUSKER55]

AND I BET THEIR DIVIDENDS ARE ANYTHING TO WRITE HOME ABOUT

[delayjf]

Someone needs to go to jail

[lamboguy]

Originally Posted by delayjf

Someone needs to go to jail

heres the stupid article

http://www.nytimes.com/2010/07/16/bu...16goldman.html

$550 million is not exactly chicken feed, they have the money ready to pay, in case they didn't get caught they would have pocketed the money. i really wonder how many other scams that go un-noticed for them? they only pay if they get caught.

they also are big donors for all these boys running for president this year. the justice for these banks are all bought and paid for ahead of time.

[PaceAdvantage]

Originally Posted by lamboguy

GOLDMAN SACHS just agreed to pay $550 million fine for helping JOHN PAULSON and his fund take down billions when the mortgage market got croaked. of course GOLDMAN had this money put aside because they knew ahead of time they were going to get grabbed. to them this is just the cost of doing business to swindle the public out of their money. GOLDMAN is certainly not the only ones at this game.

the banking business is great these days for the people running the banks.

Is this a 2-year-old story?

[lamboguy]

i guess so, i just read it yesterday