Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Lawsuit against former Goldman Sachs Group Inc. board member Rajat K. Gupta for Insider trading

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 05:27 AM
Original message
Lawsuit against former Goldman Sachs Group Inc. board member Rajat K. Gupta for Insider trading
http://www.bloomberg.com/video/67196330/

Why isn't this a criminal investigation?
Printer Friendly | Permalink |  | Top
OmmmSweetOmmm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 06:36 AM
Response to Original message
1. Malaise, have you seen Inside Job? Our treasury was heisted by banksters with the help of our
Edited on Wed Mar-02-11 06:37 AM by OmmmSweetOmmm
politicos and no one has been criminally prosecuted. Now many of the same players are embedded in Obama's cabinet and advisory posts.

and :hi:
Printer Friendly | Permalink |  | Top
 
malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 06:37 AM
Response to Reply #1
2. Not yet but I plan to buy my own copy
It's frightening.
Printer Friendly | Permalink |  | Top
 
OmmmSweetOmmm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 06:53 AM
Response to Reply #2
3. You're going to want to pass it on to friends. It explains that with systematic deregulation and
with no enforcements of what little protections there were, that it was inevitable that our economy would collapse. Even "respected" academics are involved. Writing papers in favor of financial institutions, while being paid by the same theives, either by having advisory positions on the boards, or paid outright. Then the "trusted" rating agencies, ie Standard and Poors and Moody's gave AAA ratings to derivatives so people would buy them (including pension plans who have to invest money "safely"). Meanwhile, the financial institutions took out insurance on derivative losses, so they wouldn't lose a thing when the derivatives went bust. Thousands upon thousands of people lost their pension plans...... I'm still sick to my stomach.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 01:52 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC