RSS available
| MarketTicker Forums Read Message in Ticker |
User: Not logged on
|
| Top | Forum Top | Login | Control Panel | FAQ | Register | Logout |
| Showing Page 1 of 4 | First | 1 | 2 | 3 | 4 | Last |
| User Info | Paulson and Bernanke: Indictment Time? in forum [Ticker] | |||
|
Genesis Posts: 71431 Incept: 2007-06-26 
KD^2 
|
http://market-ticker.org/archives/982-Pa....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-04-23 08:20:21
Permalink | |||
|
Nuke_engineer Posts: 774 Incept: 2007-08-19 
NC
|
Genesis, As much as I believe Paulson and Bernanke should be behind bars, "pressuring" Lewis doesn't cross the line. It appears to me that the one that needs to be punished is Lewis. On the other hand, the pressuring of Lewis by Paulson and Bernanke is certainly and abuse of power and should be grounds for impeachment of Bernanke and investigation of both. If they pressured Lewis, what else did they do that was an abuse of power? This is good. The pigmen are starting to squeal on each other as the situation worsens. ---------- HAL, All trespassers and pigmen vampires must be shot. Survivors will be shot again. I need to buy more ammunition! Scotty, Beam Me Up to the Land of Glass-Stegall! Last modified:
2009-04-23 08:28:22 by nuke_engineer
| |||
|
Flapdoodle Posts: 659 Incept: 2008-01-25 
La Serena, Chile
|
Doesn't Lewis open himself up to lawsuits from the shareholders by following Paulson and Bernanke's dictates? Or have the lawsuits already started? This is going to get interesting... ---------- --Smooth seas do not make skillful sailors. - African Proverb Last modified:
2009-04-23 08:28:53 by flapdoodle
| |||
|
Etz3l Posts: 9103 Incept: 2007-06-26
|
Something is missing here. What was in it for Goldman Sachs? ---------- Treating the symptoms of financial corruption isn’t the same as removing the causes.
2009-04-23 08:30:50
Permalink | |||
|
Jata1 Posts: 2378 Incept: 2009-03-08
mi
|
Wouldn't the three of them make cute cellmates??
---------- Mayorquimby says- My Idea- Everyone gets Dick
2009-04-23 08:31:22
Permalink | |||
|
Stonedog Posts: 1105 Incept: 2008-05-29
New Jersey
|
Jata - actually no...I'd rather have them in prison with other more hardcore convicts... you know, murderers, rapists, etc.
---------- "F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this Last modified:
2009-04-23 08:34:40 by stonedog
| |||
|
Johnnydollar Posts: 100 Incept: 2008-09-02
philadelphia
|
Historically, one of the most attractive aspects of the US markets are its transparency. Recently, however, you can't trust what is going on behind closed doors. In addition, you know someone knows what is going on, which makes it very hard to make a trade when you can assume, someone has the 'real story,' which isn't public. There have been countless instances that stocks make big moves prior to a news release. Clear as day, that some people were in the know in these situations.
2009-04-23 08:34:35
Permalink | |||
|
Patentleathershoes Posts: 7642 Incept: 2007-09-13
Looking forward to PB&J time!
|
They are dismissing this on CNBC right now. Unbelievable. "Let's move on", "Those were dark days" blah, blah, blah.
2009-04-23 08:42:03
Permalink | |||
|
Bozonian Posts: 14033 Incept: 2007-09-01
PFT - Pure F'n Tin
|
I hope more of this kind of stuff comes to light. These bank CEOs are lying blatantly and I'm sure they wouldn't do this if Treasury hadn't given them special exception from Sarbanes Oxley either explicitly, or implicitly, and every other disclosure law. Oh gee, is that what we just saw with this Ken Lewis testimony? I can't believe any "investor" is still in this market. Only the completely ignorant who are just leaving their 401k money in, frozen with shock, or momentum traders just in there for the daily swings. There's the fluffy bunny universe where elves, gnomes, wizards, Steve Liesmans, presidents and treasury secretaries work diligently to keep the world running, and there is reality. By now it should be obvious to anyone who isn't catatonic that all pretense of honesty is gone from the market. If you invest long in these banks, you deserve what you get in the end. ---------- I'm so depressed about outsourcing I called the suicide hotline and got a call center in Pakistan. They got all excited and asked me if I could drive a truck. Everything I write is my opinion and not to be considered proven fact. Nothing I write should be considered financial advice.
2009-04-23 08:57:41
Permalink | |||
|
Jata1 Posts: 2378 Incept: 2009-03-08
mi
|
Boz - Agreed, should vote with your pocketbook. No investments in any of these pricks. Bank only with your local banks. **** em'
---------- Mayorquimby says- My Idea- Everyone gets Dick
2009-04-23 09:06:55
Permalink | |||
|
Mondocondo Posts: 3143 Incept: 2007-12-03
Miami
|
Great post, Boz. I was thinking the same thing. This is direct evidence of government involvement in rigging the markets, which means the fundamental principals of sound investment are no longer applicable.
2009-04-23 09:15:15
Permalink | |||
|
Themortgagedude Posts: 3930 Incept: 2007-12-17
saint louis
|
Quote:There's the fluffy bunny universe where elves, gnomes, wizards, Steve Liesmans, presidents and treasury secretaries work diligently to keep the world running, and there is reality. By now it should be obvious to anyone who isn't catatonic that all pretense of honesty is gone from the market. If you invest long in these banks, you deserve what you get in the end. I think you've written your tagline there. 
---------- "These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"
2009-04-23 09:15:17
Permalink | |||
|
Asianbull Posts: 2184 Incept: 2007-09-03
|
Paulson has probably fled the country.
---------- The root cause of all the world's problems is inflation. The only sound money in the world is commodities.
2009-04-23 09:29:36
Permalink | |||
|
Swrichmond Posts: 146 Incept: 2009-02-12
|
Speculation at the time of the BofA/Merrill deal was that BofA was being told to eat Merrill. This revelation at least confirms there was inside dealing going on.
2009-04-23 09:30:37
Permalink | |||
|
Dji Posts: 720 Incept: 2009-04-21
Fleming Island Online
|
RELEASE THE BEZZLE!!!! Indictments for all, then send them to pound'm in the ass prison. ---------- What goes up Must come Down- Alan Parsons Project THE TRUTH HURTS! -Dji Last modified:
2009-04-23 14:38:12 by dji
| |||
|
Dashingdwl Posts: 4564 Incept: 2007-06-26
los angeles
|
Paulson, when he is not funding junior's minor league baseball team and pro soccer team, is bird watching on an island he owns.
---------- Think Green Tip.
2009-04-23 09:31:22
Permalink | |||
|
Genesis Posts: 71431 Incept: 2007-06-26
KD^2
|
Lewis is in deep **** here. If he can't pin this on Bernake and/or Paulson he's exposed bigtime at least on a civil level, and maybe on a crimnal one. I hope he had a tape recorder in his suit pocket. I would have. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-04-23 09:32:05
Permalink | |||
|
R2judge Posts: 302 Incept: 2008-04-13
Burbank CA
|
As the CEO of a public firm you don't work for the govermment, whether you think you're some "left arm adjunct" or not. You work for the holders of your stock and debt - period. ------------------------ Hank Paulson took 500 million of the shareholders money. 16 Google insiders took 3.2 billion of the shareholders money. The shareholders are going to work at their own jobs and giving their hard earned money over to these people. The shareholders are indirectly working for the benefit of CEOs of public companies. The CEOs are not working for the shareholders.
2009-04-23 09:37:29
Permalink | |||
|
Torgo Posts: 389 Incept: 2009-01-14
|
Quote:I can't believe any "investor" is still in this market. I am of the opinion that the equity markets have been a huge scam for at least the last 10 years (and maybe even going back to 81 or 82). They are just a way for wallstreet pigmen to get rich on derivatives and other schemes without providing any type of "investment". Quote:We are a nation of laws, not of men. Not when it runs counter to Wallstreet it seems. Quote:If he can't pin this on Bernake and/or Paulson he's exposed bigtime at least on a civil level Would Lewis have any personal civil exposure as a CEO of a corporation? You could sue BofA but not Lewis personally, correct?
2009-04-23 09:47:05
Permalink | |||
|
Noodleman Posts: 759 Incept: 2008-11-01
|
We are witnessing the biggest whitewash in U.S. history. You gotta love the 'Let's move on and leave the dark days behind us' attitude. That's like an airline giving their alcoholic pilot and co-pilot each a fifth of Seagrams right before takeoff. When the plane slams into the side of a mountain mid-flight the FAA refuses to investigate since that would be 'backward' and not 'forward' thinking. The system will always protect it's elite club members. But don't you go 50 in a 30 and expect a break when the cop writes up that $600 ticket.
2009-04-23 09:54:58
Permalink | |||
|
Wineaux Posts: 131 Incept: 2009-03-23
pure Liquid pleasure Online
|
[****_you] Mr Lewis! Enjoy spending time with your new roomate Bubba. Bubba meet Mr. Lewis. He looted your grandma's retirement fund.  I can't wait to see the shareholders lawsuit as a result of this. Cuomo should be up for the Nobel peace prize! ---------- What wine goes with unemployment?
2009-04-23 10:02:10
Permalink | |||
|
Eaglewwit Posts: 1890 Incept: 2007-11-30 SoCal
|
Gen am gonna have to disagree with this statement: "as CEO of a firm you can push people around under you, if you want, and you live or die by whether your decisions prove correct in the fullness of time." Clearly the fullness of time did not matter, otherwise all these ass clowns would be in the poor house and not their boat house in the Hamptons. ---------- "Not even I imagined we would see trillions of dollars being created and given to the culprits as a means of allegedly "saving" the system. This is not mere Keynesianism; it is Keynesianism on steroids and crystal meth."
2009-04-23 10:06:18
Permalink | |||
|
Themortgagedude Posts: 3930 Incept: 2007-12-17
saint louis
|
You can sure as hell sue lewis. Iwish I was as bac shareholder. Lewis was on the board he can be sued.
---------- "These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"
2009-04-23 10:10:45
Permalink | |||
|
Kuhio Posts: 206 Incept: 2008-12-31
|
Karl, what are we going to do with you? You appear to be sincere in your efforts to document the decline of the USA for the edification of future historians, but are apparently making the mistake of actually caring about the foregone outcome. The legal basis of the current unConstitutional drug war can be found all the way back in the 1914 Harrison Narcotics Tax Act. "An Act To provide for the registration of, with collectors of internal revenue, and to impose a special tax on all persons who produce, import, manufacture, compound, deal in, dispense, sell, distribute, or give away opium or coca leaves, their salts, derivatives, or preparations, and for other purposes." Likewise, the legal basis for the current unConstitutional Fed actions can be found all the way back in the 1913 Federal Reserve Act. "In unusual and exigent circumstances, the Board of Governors of the Federal Reserve System, by the affirmative vote of not less than five members, may authorize any Federal reserve bank, during such periods as the said board may determine, at rates established in accordance with the provisions of section 14, subdivision (d), of this Act, to discount for any individual, partnership, or corporation, notes, drafts, and bills of exchange when such notes, drafts, and bills of exchange are indorsed or otherwise secured to the satisfaction of the Federal Reserve bank:" If one really wants to know how the world works, one would be hard pressed to find a better reference than Carroll: 'When I use a word,' Humpty Dumpty said, in a rather scornful tone,' it means just what I choose it to mean, neither more nor less.' 'The question is,' said Alice, 'whether you can make words mean so many different things.' 'The question is,' said Humpty Dumpty, 'which is to be master - that's all.' This game won't be over until it's over. One day the PTB are the masters, the next day they aren't. It's really as simple as that. Last modified:
2009-04-23 10:15:57 by kuhio
| |||
|
Curbyourrisk Posts: 1891 Incept: 2008-08-19 Long Island, New York
|
Could this be Lewis's way of telling the Government....I have stuff on you too. Lay off or I really start spilling the beans????
---------- Hopium: hope filled delirium preached by the White House and Swallowed whole by the American Sheeple. Why is Franklin Raines a free man? "We saved the world from disaster" - Ben Bernanke - Jackson Hole 08/21/2009 
2009-04-23 10:23:06
Permalink | |||
| Top | Forum Top | Login | Control Panel | Logout |
| Showing Page 1 of 4 | First | 1 | 2 | 3 | 4 | Last |