Image via Wikipedia1. CDS portfolio went KABOOM when Lehman, WaMu et al BLEW UP. AIG had no money for it. The TAXPAYING SUCKAS gave Goldman FULL VALUE for their WHOLE PORTFOLIO OF CDOs WITHOUT ANY RESTRAINTS OR CLAWBACKS. Geithner should be in JAIL at best.
2. Goldman WAS SHORTING THE SAME securities it was selling to pension funds KNOWING they were going DOWN. This is FRAUD. We need INDICTMENTS. THOUSANDS OF THEM.
3. Fed has purchased tons of MBS and other derivatives under Maiden Lane. The Fed is overpaying and this amounts to unbacked printing of fiat currency and is a hidden back-door bailout to the tune of $700 billion plus AND COUNTING. Goldman is most likely in there as well but we won't know without an AUDIT of the FED.
4. FNM/FRE bailouts to the tune of HUNDREDS OF BILLIONS OF DOLLARS with the Fed overpaying for all of it - is a backdoor bailout of GOLDMAN since GOLDMAN need not worry about any counterparty risk. They are free to gamble further at TAXPAYER EXPENSE.
5. Commodities speculation nets Goldman uber-profits as they CONTROL THE PRICE OF FOOD AND GAS AND OIL.
6. The Fed is not Fed.
THIS MAN SHOULD BE INDICTED, ARRESTED AND THROWN IN THE FOULEST BRAZILIAN PRISON THERE IS.
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