Goldman update: Connecticut AG wants to file criminal charges (maybe NY, too)

[girl gone mad]

Okay, so let's hope that this is really the start of criminal prosecutions, but I remain cynical.

Connecticut Attorney General Richard Blumenthal on http://www.msnbc.msn.com/id/21134540/vp/36604057#36604057">Dylan Ratigan (video)

Also, Germany wants to http://www.huffingtonpost.com/huff-wires/20100417/eu-germany-us-goldman-sachs">sue.

Much more from http://www.washingtonsblog.com/2010/04/goldman-sacked.html">Washington's Blog

I think the only real fallout may be consumer revolt against Goldman, but with so much governmental capture even that might not harm them in the end.

[Warpy]

1. Good, go after those vipers, all of them, even the ones in the adminstration

I don't want the thieves punished as much as I want them poor.

I want them to experience what most of us did while they were getting rich by ripping off the whole world.

Prison doesn't last long. Poverty would be worse.

[Grand Taurean]

2. Criminal charges are the best way to go.

[ozymandius]

3. Good!

Bankrupt these banksters with litigation and watch their market value plummet with each new filing. A civil suit took a chunk out of their hide on Friday. I would like to see what a criminal complaint against these fuckers would look like.

[aquart]

4. AG Blumenthal, you have my permission.

[Prometheus Bound]

5. Oh happy day!

Is there really justice in this world?

[ixion]

6. long overdue...

send the crooks up the river, or to the poor house, better yet.

[Po_d Mainiac]

7. Failure to disclose the "Wells Notice"

if they had it in hand for more than 30 days may carry more weight.

Insider trading should be an easier case to make. A conviction also can put a major cramp on market access.

[Lucky Luciano]

8. This opens the door to AIG and others suing for damages.

Could be one way for AIG to pay back TARP.