Saturday, April 17, 2010

There is real GOLD to be found in Goldman..., you'll see...

[mEDITate-OR:
or not see what "excess" brings you....

Let U.S. not start with the last article, about the US$ 2 Billion new office building for Goldman.
Gawd only knows that they earned it..., the old fashion way..., they stole it.

But, it is symbolic, is it not.
The very rich, most important executives are enclosed in palatial digs....
the Rest of Them..., are "housed" wherever they can spare the room.

Subprime mortgage securitizations to enable them to work in PRIME offices.
What could be more fair than that.
{that is not a question...}

The first article suggests, may we pray to each of our Gods that it is true...
that ALL of the investment bankers will now be scrutinized, closedly...
and held accountable for their excess greed, and manipulations.

The SEC had the power, and did not use it.
The SEC requires some of U.S. to make FULL disclosure, they could require it of all of U.S.

Remember, that just as a DWI is a criminal case, and does not insure any civil penalty...
that this is a "regulatory" action - not civil and not criminal, yet.

The second article tells U.S. what we all already know...
WAMU did it, Countrywide did it, Wachovia did it...
FMae&FMac got around to doing it very late in the game.

In the dead zone - between 2002-7, in the sand states - Cal, Nev, Fla & AZ
over 50% of ALL real estate mortgages were securitized packages - not just, like Goldmans'

If you believe that Goldman Sacks was the ONLY one that packaged the worst of the worst...
and then bet against them with CDO's...
well..., we have some wonderful desert sand state properties we would like to show you, for your investment.

The Third article tells U.S. in excruciating detail, precisely how Goldman defrauded all of U.S.
what it also shows/proves is that this was in intentional tort..., not mere negligence...
AND
it was a RICO crime.
All of them players are not subject to real, federal jail time
and
to treble damages, for what they have done to U.S.

The fourth article only begins to tell the full story...
insurance companies, foreign investors - China, Japan, the Gulf Oil states...
mutual funds, any and all employee pension funds - GM, Ford and Calipers, et al...

You do see, do you not, that ALL police pensions and ALL prison guard pensions were placed in jeopardy.
Plato's questions:  "Who will guard the Guardians?" is not only {Y}our "nice" philosophical inquiry.
It now becomes, for those Bastards, an all consuming problem.
Who WILL protect them from becoming Bubba's bitch...
or sold "out{-ed}" to the Mexican & Columbian drug cartel's prisoners.

IF they are really Good Christians, their God will remind all of U.S. that:

           "Vengeance is MINE, sayest the Lord."

Oddly, we do not believe that is, or will be true.

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Goldman fraud charges trigger possible wider crackdown
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Goldman CDO case could be tip of iceberg
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Abacus Let Goldman Shuffle Mortgage Risk Like Beads
now with a bigger line between the 'haves' and 'have nots'
Some Goldman Sachs employees are less than satisfied with their new office space
in the firm's newly-constructed lower Manhattan headquarters
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The Wall Street Journal
Goldman Sachs's New Palace Creates Princes, Serfs
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