Goldman Sachs thrives on the misery of others...

[kentuck]

They are not a bank. They are an investment firm. They make money by trading on the markets. You name it, they trade it. Even though they were able to get themselves defined as a "bank" during the big bailout so they could get some of those taxpayer dollars, they have never fit the definition of a bank.

It was a bonanza for them to get $12 billion dollars without raising a finger. They could use that money to make more money. They were practically slobbering at the prospects.

One of the areas that they trade in is energy stocks. They have traders on Wall Street, that they pay very handsomely, whose job it is to drive up the price of energy stocks. When the energy stocks go up, we all pay through the nose at the gasoline pump. They make billions of dollars in the process. They keep going back to this well over and over. They drive up the prices and then they let them drop back to normal levels. Then they drive them back up again. It's a cash cow for them.

For a while, I thought Congress was going to regulate this market but I have read nothing lately. Once it happen, watch the price of gasoline drop immediately. These traders (traitors?) must be regulated.

Now, they say they can pay back the "loan" from us taxpayers. I'll bet they can.