Shocking – Goldman Sachs Documents List Financial Institutions with Whom Goldman Had Hedged The Risk of its Exposure to an AIG Default

“It’s as if the New York Fed used A.I.G. as a front man to bail out big banks all over the world,” Mr. Grassley said in a statement. “It took nearly two years for the public to learn these details, and they only were revealed because Congress wouldn’t take no for an answer. Taxpayers deserve … Read more

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors

When Denying Loan Mods, Loan Servicers Often Wrongly Blame Investors by Karen Weise ProPublica Arthur and Alberta Bailey are about to lose their home near New Orleans, and their mortgage company says one thing stands in the way of relief: The investors who own their mortgage won’t allow any modifications. It’s a story heard again … Read more

Well, It’s Official – The SEC et al is a Bunch of F#$%*@! Sissies – Goldman Sachs Pays Off Commission $550 Million to Avoid Prosecutions

SECURITIES AND EXCHANGE  COMMISSION, Plaintiff, v. GOLDMAN SACHS &  CO. and  FABRICE TOURRE Had enough yet??? $550 million??? Hell, that is more than they spent on their toilets 😉 Goldman Sachs: Gold Toilets Criticized [youtube=http://www.youtube.com/watch?v=Y0j7lr3VScU] I would really like to get into how if this was anybody on Main Street that tried to pull anything … Read more

KABOOM – JPMorgan Chase, Credit Suisse, Bank of America, Barclays, Citigroup, Countrywide, Deutsche Bank, Goldman Sachs, Merrill Lynch, Morgan Stanley, UBS et al Sued For FRAUD

Here are some nice gems from a suit filed in Massachusetts this past Friday July 09, 2010. (see complaint below) It has two pages of Defendants… How could of all these investors been defrauded by Wall Street, SHOULDN’T THEY OF KNOWN BETTER? How could of all these investors been defrauded by Wall Street without the … Read more

The Great Bank Robbery Conspiracy- Paulson, Bernanke, Geithner, Goldman Sachs – How the Banksters Stole Your Money

Random Repost. Blast from the Past. Going to start off each day with a random repost from the archives… Contributed by Anonymous New York, NY- How did the United States Government and Wall Street defraud the taxpayer of trillions of dollars under the guise of a financial and banking crisis? What are the ultimate goals … Read more

Virtually All The Wall Street Banks Under Investigation – Defend Your Foreclosure!

Matthew Weidner with the commentary… The names of the Plaintiffs who are foreclosing on our neighbors across the county, by and large are not names that you recognize as your local banking or lending operations.  They are not, in most cases, the name of the lender that wrote the mortgage or lent the money.  The … Read more

Confidential Treatment Requested by Goldman Sachs – Senate Subcommittee Investigating Financial Crisis Releases Documents on Role of Investment Banks

WASHINGTON – The Senate Permanent Subcommittee on Investigations released several exhibits that will be among those discussed on Tuesday at the fourth of its hearings on the causes and consequences of the financial crisis. Using Goldman Sachs as a case study, the April 27 hearing will focus on the role of investment banks in contributing … Read more

Shame the Banks – Smart homeowners are researching this fraud

If you haven’t been over to Shame the Banks yet, I suggest you do. Tell YOUR story and be heard… Smart homeowners are researching this fraud by Barbara Caldwell The news that the SEC has finally figured out that Goldman Sachs participated in shady and potentially illegal dealings re: “Collaterilizated Debt Obligations” (aka derivatives) may … Read more