You might have heard about Meg Whitman's campaign remarks on "desperate liberals" in her battle against Steve Posner (see Blog comment at this link ( here)). Or you may have seen the many issues presented about Goldman Sachs asking the court's to shut down a protesting website/blog www.GoldmanSachs666.com . Fortunately they defeated GS and Larry & Mike at G--S--666 continue the fight including a report on why such WS Bank executives will never be prosecuted (see CBC Radio interview on why Wall Street isn't behind bars ( here)).
What many fail to see are the systemic and incestuous corruption of America's federal and state systems of justice by the corporate entity of Goldman Sachs; which promotes Goldman Sachs to remain as a force more powerful than almost any country. Evidence of the skullduggery can be seen by this 3rd Circuit Ct brief ( here) whereby the Dept of Justice EOUST office actually tells the Circuit (in the first footnote) that the DOJ US Trustee office specifically did not and Will not address Goldman Sachs and their local (UN-disclosed) conflict of interested atttorneys www.MNAT.com. As iterated to the court by the Dept of Justice EOUST General Counsel DeAngelis;
" -- Alber's January 25, 2005 motion alleging conflicts of interest by MNAT, and approved a settlement between the post-effective date committee of unsecured creditors and Goldman Sachs & Co . 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 ".
Therefore - we take this moment, (during the current Goldman Sachs exposure on the hot seat in the insider trading Galleon trial (see NY Daily News story ( here)). Hoping that as we also point out the fact that Goldman Sachs has corrupted the judicial process; people will become aware of the snow job. Prosecutors are using Goldman Sachs in a case against a former Exec of Goldman Sachs. Where the real question remains - will Goldman Sachs and their attorneys ever be investigated, much less prosecuted. For they are the ones that should be tried for Fraud, Collusion, Conspiracy, Perjury, MisPrison, Intimidation of Victim/Witness, Racketeering, manipulation of our financial markets and Corruption of Federal/State judicial systems of justice.
As the Galleon trial goes forward and the prosecution appears to be eager; the judge in the case just put a huge stumbling wall into the saga. The court gave instructions to the jury that basically narrows the ability to convict to a tiny spectrum (see the news on jury instruction ( here)).
We have our own first hand experience with corruption of [lack] of both state and federal prosecutions of Goldman Sachs skullduggery. As can be seen in the eToys IPO rise and fall that ended in bankruptcy only after 1 year of eToys purportedly going public for an astronomical rise from the projected $18 per share to more than $75 per share.
As a proper result Goldman Sachs was sued ( here) when eToys went into bankruptcy. The basis of the eToys litigation is in great part due to the fact that eToys only rec'd $16.50 per share and Goldman Sachs signed a contract to only receive $1.50 in commissions.
So this liquidation consultant's question is -where did the rest of the money go.
Many eToys shareholders and this court appointed consultant were stymied in the investigations of what monies and assets went where because Goldman Sachs secretly (failure to disclose the relationship) had its local law firm in DE (www.MNAT.com) become the DE Bankruptcy Court appointed Debtor's counsel.
This non-disclosure of a serious conflict of interest was discovered several years later and confessed due to a Smoking Gun affidavit that was actually a result of my own attorney emailing me a threat to "back off" from my investigations or not only would I fail to be reimbursed my expenses, nor paid my fees, they (Goldman Sachs, Bain, MNAT and Traub) - would also destroy my career and may have my assets from other cases seized. (Please see one of Goldman Sachs law firm confessions here later (2005).
Resultantly a crime wave that one would be hard pressed to find an equal has transpired; which has corrupted both the Federal and State Court's judicial processes. One of very first crimes committed in the eToys federal case (DE Bankr 01-706); was the illicit request and resulting court approval to Destroy Books n Records ( here)). You will not find any other bankruptcy case where a Justice approved the destruction of key evidence from the onset!
This action, due to the failure of Goldman Sachs and their local counsel informing parties of interest of their UN-disclosed connection and resulting conflict of interest; had the cause and effect residule in the illegitimate Destruction of Evidence and remains a huge criminal issue of Obstruction of Justice. Yet it is also a huge mistake of the collaborators; for the failure of the US Trustee's office to object to such an action remains an testimony of fact inexplicable.
Despite the fact that Goldman Sachs counsel has confessed to of their failure to disclose a conflict of interest and intentionally perpetrating fraud on the court. The DE Dept of Justice has staunchly refused to mention, motion, investigate or prosecute Goldman Sach's counsel (MNAT) in any shape or form whatsoever.
The failure of Dept of Justice to investigate and prosecute MNAT transpired for many obvious reasons. What is the most germane are the DOJ's own act of failing to disclose a serious conflict. For a noble public servant (whom we will not disclose) informed us that the DE US Attorney (Colm Connolly) was a partner with Goldman Sachs law firm in 2001 (the very year that the crimes began).
Please see Colm Connolly's federal resume testifying to the fact that he was a partner with MNAT from 1999 to 2001 ( here)).
One could actually make the argument that Colm Connolly was put into the US Attorney's office to assure that the Goldman Sachs eToys fraud case would NOT see any scrutiny! After all it is a billion dollar issue.
These corruptions of our system(s) of justice are not single aberrant acts. Instead of admitting the failures to address the criminality in the case; the rogue elements within the federal system of justice continued an incestuous and systemic house of card building of Cover Ups. The nefarious actions continuously break the law each time; as well as being a seditious betrayal of the public trust. For the entrusted public servants are also failing miserably in their oaths to protect our Constitution from assault of enemies both foreign and domestic.
Many briefs were submitted by Dept of Justice personnel to assist in the Organzied Criminal endeavors. They also served as additional Obstructions and Destructions of evidence. (see US Trustee request to Strike & Expunge evidence in another Federal case ( here)). DE Dept of Justice trial attorney Mark Kenney was correct in one thing. It is not the job of Laser Haas to point out the various bad faith acts. It is however, the responsibility of the Dept of Justice personnel to do so; and it is their consummate failures that is the core issue at hand.
Compounding the organized criminal corruption of the systems of justice the US Dept of Justice office of Special Counsel destroyed files at both his home and office (see FBI raid of Scott Bloch's office ( here)). This also was not a single questionable act connected to this debacle.
The Chief Justice of the DE Bankr Ct (MFW) has quietly stepped down from the Chief position; after she got her hands dirty in many was - including this outrageous OPINION- that stipulates that though there was confession to 34 acts of intentionally false affidavits No Perjury Transpired (see page 52 of the OPINION).
But the most troublesome cover up issue, without any doubt, is that another US Attorney, clear across the country actually Shuts' down the DOJ Public Corruption Unit.
As if that were not enough as well, the central CA US Attorney (Tom O'Brien) actually possessed the unmitigated gall to Threaten career Asst US Attorney's to keep their mouths shut or Else (Please see the Los Angeles Times Story by Scott Glover "Shake-up roils federal prosecutors" ( here)).
Additionally, [originally] with a promise to rectify the perjury/fraud - the Dept of Justice Deputy Director (Lawrence Friedman) removed the Region 3 Trustee (Roberta DeAngelis) and one of the perpetrators (Paul Traub /Traub Bonacquist & Fox) was sanctioned by the DE Federal Court. This was window dressing. The snow job was immediately exposed as such when the DE Dept of Justice sought to give Paul Traub's firm illegitimate immunity and the promise of willful blindness by the DOJ US Trustee only 10 days after the sanctions motion was introduced. (Please see the WHEREAS clauses in the following DOJ Stipulation to Settle ( here)).
Immediately thereafter - the Dept of Justice Deputy Director RESIGNED ( here) .
Now the perpetrators and their cohorts will make a mockery of all the evidence by stating that there is no proof all these crimes are related. All anyone has to do is see the common ties; Goldman Sachs, Bain, Paul Traub (who worked for both Goldman Sachs and Bain secretly), www.MNAT.com (who also worked secretly for both Goldman Sachs and Bain).
The fact of the matter remains DE US Attorney never investigated/prosecuted the case. Similarly the Office of Special counsel may say that they did Not destroy the eToys case files - So where is the investigation and prosecution. Same goes for the Shut down of the DOJ Public Corruption Unit. They may say it was not because of the eToys case; but we still have NO answer to the Brief/complaints filed with the CA US Attorney's office just prior to their closing that division (see Clocked Copy Complaints ( here).
Where is the investigation into the Goldman Sachs Fraud, Perjury, Collusion, Intimidation of Victim/Witness, MisPrison of a Felony, False Oath/Declaration, Conflict of Interest, SEC, Federal and State crimes?
Instead of doing their fiduciary duty to benefit their clients (Traub represents Creditors/shareholders and MNAT represents Debtor); all the bad faith parties spend monies and time defending one another. Creditors counsel should have been seeking returns of millions of dollars from Debtor's counsel. So should Debtor's counsel be seeking disgorgement and disqualification of Creditors' counsel for the benefit of Debtor. But all such proper client representation would serve to the detriment of their "secret" clients (Bain and Goldman Sachs). Therefore the cohorts are willfully blind to one anothers criminality.
Unfortunately - it is not just the DE Federal system of justice that has seen this corruption. In the Supreme Court of the State of NY, Goldman Sachs was being prosecuted by eToys for the monies that vanished above the $18 per share.
However, the NY Supreme Ct case of ebc1 (eToys) vs Goldman Sachs (case number 601805/2002 ) was corrupted as well; and of that there is no doubt. The evidence of the corruption of the process begins - again - with Goldman Sachs secret local counsel in DE. For the Court permitted Goldman Sachs "secret" law firm of MNAT to hand pick the party to replace it as prosecutor in the NY Sup Ct case against Goldman Sachs.
As if that were not bad enough, the party that MNAT picked to prosecute its client Goldman Sachs; was none other than Goldman Sachs other secret friend and MNAT's cohort in DE federal court fraud on the court - Paul Traub.
Many say we should simply give up. Goldman Sachs is too powerful, too rich and too much a government of its own. GS has such partners as well - in the likes of Cerberus whom they co-own entities such as Hilco, Polaroid and other entities with.
We choose to continue the fight. For it is only through fighting evil that one can overcome evil. We have more recent news in the battle as well. Goldman Sachs managed to get the NY Sup Ct case of eToys v Goldman Sachs to close. They placed nearly 1/2 of the entire docket Under SEAL and then allowed the case to close - because the Goldman Sachs hand picked attorney firms failed to make a case against Goldman Sachs. A judge on that case (MosKowitz) was promoted Off the case (to the NY Sup Ct of Appeals); after she went after Paul Traub. In DE, the District Ct Judge (Kent A Jordan (KAJ)), that also called an impromtu hearing where he ordered all counsels to be present; actually told the counsels (Traub, MNAT and others) that their "lives were on the line". Judge KAJ was immediately promoted to the 3rd Cir Ct.
However, Goldman Sachs tried to assure its control of the judicial process by getting Bush to nominate the DE corrupt US Attorney (Colm Connolly) to replace Judge KAJ. Fortunately the Truth prevented that nomination from becoming a reality. Then Senator Joe Biden refused to sign the requisite Senate Slip to confirmation the nomination of Colm Connolly to the Senate Confirmation process. This was a major setback for Goldman Sachs.
Combine those battle victories with the fact that we are in the company of such people as Michael Moore, Bill Maher and Rolling Stone's Matt Tabbi. It is only a matter of time before Goldman Sachs armour, now dinged by such venerated persons also gets batted by the Truth we have in our eToys corruption case. That is a day worth fighting for and the fact we have such aligned company instills Hope!
There are many people out there well aware of the modern day Robber Baron pursuits of Goldman Sachs and its undue influence over our federal systems. Michael Moore also has joined the fray with his movie "Capitalism: A love story" ( see WikiPedia on such ( here)). There were many articles critical of Michael Moore, who also went on Bill Maher's HBO show and tried to be filmed in front of Goldman Sach's NY headquarters. The coverage had interruptions and a film documentary by Goldman Sachs was also purportedly made by Goldman Sachs ( here)). Bill Maher is also on the recording telling us poor folks' to wake up and realize big banks are not our friends.