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We have previously discussed, throughout the Web Universe, several crimes and frauds that Goldman Sachs directly benefits from. This includes eToys IPO classic pump n dump, Petters Fingerhut and GS ownership with Hilco by partnership with Cerberus. The end result of providing proof of organized crimes in the federal courts has the DOJ permitting a scheming fraudster involved with eToys, OKUN 1031 Tax Group, Marc Dreier and Tom Petters - to wind up with ownership in Polaroid for pennies on the dollar; because GS is too big to prosecute!

The Wall Street Journal says that the SEC may see a Red Flag in the Goldman Sachs dealings with FaceBook (see WSJ article here at WSJ SEC GS FB ). WSJ reporter Ashby Jones states that "Potentially at issue in regard to Facebook: whether Facebook is deliberately circumventing SEC disclosure rules".

After all the press reports on how the DOJ, SEC and FBI failed to address Madoff's scheme - you would think our reports with Confessions to acts of Perjury - should get more attention in the eToys case!

We are not the only parties to have a beef with Goldman Sachs.

There are famous parties and movies out there addressing the issue that Goldman Sachs seems to redefine the meaning of "UNtouchable".

Such as Larry's GoldmanSachs 666 website.

Larry references an article by Live Trade News online that points out Goldman Sachs upper management rec'd $100 million in "delayed" bonuses only 6 months after GS paid $550 million to settle a fraud litigation.

We have details of Goldman Sachs investigation being covered up and how the Region 3 US Trustee actually went on the record with the US 3rd Circuit Ct stipulating that the US Trustee;

  "The United States Trustee did not assert a position in the bankruptcy court or the district court appeal regarding those two matters and does not address them herein".

You have to go to page 9 of the PDF brief where 5 people from the DOJ, including the surreptitious Executive Office of United States Trustee General Counsel who ganged up on myself and eToys shareholder Robert Alber with this pleading US Trustee v eToy Shareholder Robert Alber

Even the 3rd Circuit assisted in the Cover UP by stating that the Federal Rules of Appellate Procedure (FRAP) do not apply to the case.

You can see the 3rd Cir actually erroneously stating that the Law does not apply on page 7 of this PDF FRAP does Not Apply to eToys case in BK

Michael Moore did a major rant against Goldman Sachs and other investment bankers wrecking havoc upon America with his film Capitalism a Love Story

Michael Moore was a guest on Bill Maher's prgram asking where is the US Army and our tanks. As Moore also commented upon the issue that Goldman Sachs appeared to be trying to halt the television signal.

The national press tried to gang up on Michael Moore by pointing out that both the Producers and Distributors of his film are funded by Goldman Sachs.

Goldman Sachs even made their own movie about themselves

WSJ Goldman the movie by Goldman

Business Financial on Goldman Sachs documentary film; A Celebration

In the days and weeks to come - we are going to lay out our case against Goldman Sachs - Bain and those who benefited by processing the organized criminal acts through NO -investigation and NON prosecution in the federal court system.

Goldman Sachs is partners with Cerberus in Hilco - that acquired Polaroid with Gordon Brothers as the 2nd Highest bidders in the Tom Petters fraud case. The power they weiled over our Dept of Justice is unfathomable and intolerable.

Most likely though - it can be answered by the literal translation of Cerberus from the Greek.

It means

"Guardians of the Gates of Hell"

Originally posted to laserttheliquidator on Tue Jan 04, 2011 at 07:55 AM PST.


Is Goldman Sachs so powerful it will never be prosecuted properly

41%14 votes
26%9 votes
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| 34 votes | Vote | Results

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Comment Preferences

  •  The big three banks have made themselves (3+ / 0-)
    Recommended by:
    shrike, sceptical observer, laserhaas

    indispensable as a function of our economy. Their failure would be painful for most Americans and politicians fear them because of it. Until there is a change in the structure of our economy, they will probably not go away.

    Your suggestion has only one flaw - it is logical and fair which seems to deny it Republican support. - Jay Inslee

    by psilocynic on Tue Jan 04, 2011 at 08:00:08 AM PST

    •  If you can't chop down a redwood, (1+ / 0-)
      Recommended by:

      you can chop off branchs until it withers and dies.  And if that takes too long for you, a court of competent authority can direct the redwood to divest itself of all non-core holdings.

      You have no idea how powerful our government can be because its been taken over by criminals.

      CUOMO '16!

      "Never let up. Crush bigotry and greed."

      by LouisMartin on Tue Jan 04, 2011 at 10:37:11 AM PST

      [ Parent ]

  •  No. (2+ / 0-)
    Recommended by:
    sceptical observer, laserhaas

    Is this a trick question?

    Progressives waiting only serves conservatives. -- bruh1

    by Colorado is the Shiznit on Tue Jan 04, 2011 at 08:11:07 AM PST

  •  Also, does this mean I have to stop posting (1+ / 0-)
    Recommended by:

    on Facebook?

    Progressives waiting only serves conservatives. -- bruh1

    by Colorado is the Shiznit on Tue Jan 04, 2011 at 08:12:35 AM PST

  •  The bigger they are, the harder they fall. (0+ / 0-)

    Boxer Robert Fitzsimmons

    If I can get close enough,’ he [Fitzsimmons] once said, ‘I'll guarantee to stop almost anybody. The bigger the man, the heavier the fall.’
    [1902 National Police Gazette 27 Sept. 6]

    A bigger fish swims up, one of the Feds gets courageous, somebody on the inside turns or falls on his own (e.g., sex, drugs) and the cards start tumbling down. It depends on getting close enough for one good strike.

    "Life is not about waiting for the storms to pass... it's about learning how to dance in the rain." (unknown)

    by kck on Tue Jan 04, 2011 at 08:18:57 AM PST

  •  no (0+ / 0-)

    they aren't too big for an investigation, but they may be too rich for civil fines to be meaningful.  They were slapped with one of the biggest civil fines ever and it wasn't even a real dent in the annual profit.

    Criminal actions, given the current state of regulations, won't change the basic operation of the bank, their wealth or their way of doing business.

    Until we make lying, stealing, cheating, manipulating and defrauding in financial markets truly illegal again, until anti-trust laws get some teeth and enforcement again, criminal cases will not affect the wealth or way of doing business of any of the big financial institutions.

    As long as their wealth, and the political access it grants them, is untouched, they remain too powerful to actively regulate.  I think we can all see the circular nature of the problem.

  •  where have you been? (1+ / 0-)
    Recommended by:

    SEC whacked Goldman for $500 million once this year - on flimsy evidence and the lack of a plaintiff.

    That isn't chickenshit.

    "The way to see by faith is to shut the eye of reason." - Thomas Paine

    by shrike on Tue Jan 04, 2011 at 08:25:13 AM PST

    •  Yes it is Chicken Poo (2+ / 0-)
      Recommended by:
      LouisMartin, graycat13

      In eToys - $1 Billion IPO fraud - $300 million in Bank and Bankruptcy Fraud - $500 Million in Litigation Fraud - with Confessions to 34 false affidavits and a Deliberate scheme to perpetrate Intentional Fraud on the Court directly AFTER the US Trustee (Police) told them NOT to do the very crime they did.

      The penalty

      $750,000 fine for TBF

      and not even $25,000 for GS lawfirm.

      So is less than $1 million Chicken Poo in $1.5 billion in Fraud - You Bet'cha!

      is $500 million fine - in $20 billion in fraud; Chicken Poo

      DAMN Straight it is.

      Laser De Liquidator

      by laserhaas on Tue Jan 04, 2011 at 08:40:28 AM PST

      [ Parent ]

    •  BTW did you not see GS $100 million Bonuses (1+ / 0-)
      Recommended by:

      6 months after they paid the $500 million in fines!

      Laser De Liquidator

      by laserhaas on Tue Jan 04, 2011 at 08:41:24 AM PST

      [ Parent ]

  •  They aren't too big (1+ / 0-)
    Recommended by:

    They're too entrenched in the administration for any real investigation.

  •  This diary made it to Google Alerts (0+ / 0-)


    Daily Kos: Is Goldman Sachs too big for any real investigation?
    This includes eToys IPO classic pump n dump, Petters Fingerhut and GS ownership with Hilco by partnership with Cerberus. The end result of providing proof ...

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