Matt Taibbi and Michael Moore are 2 noteworthy national persona's who have pointed out Goldman Sachs larger than life bad faith acts and the readily apparent Dept of Justice get out of jail free card capabilities. Now, after Taibbi and others reported on how Goldman Sachs profited from working both sides of the fence in the Bogus mortgage era, due to a scathing, voluminous report from Democratic Senator Levin (MI). The Manhattan District Attorney has issued a subpoena (see NY Times DealB%k story (here)). to Goldman Sachs.
Seeking to get a handle on the issue NY US Attorney Preet Bharara comes out and says publicly that the 5th largest Bank is "Not" too big to prosecute. But the New York US Attorney Preet Bharara needs to GET REAL! The evidence, including the failure by US Attorney Preet Bharara's (pictured left from Wikipedia photo doctored) and his office's large amount of non-action, is telltale of the actual state of affairs and the Dept of Justice's hell bent desire to engage in 2 faced national Cover Ups.
We have been reporting to the Dept of Justice for nearly a decade, how Goldman Sachs engaged in IPO mendacity in the eToys case. Including civil violations, SEC violations and criminal violations in the federal bankruptcy case, to assure the demise of the public entity.
The profuse bad faith acts of the Dept of Justice, contrary to the law, demonstrates the intentional willful blindness and Get out of Jail Free Card that Goldman Sachs enjoys from our Dept of Justice. Already, even prior to US Attorney Bharara remarks making it into the Wall Street Journal (here), there is speculation Goldman Sachs will simply get another slap on the wrist fine. As is stated by the NY Times DealB%k story, Goldman Sachs will most likely get a "Deferred Prosecution Agreement". As stated in the story by analyst Brad Lintz;
Whatever the outcome of the investigations, investors do not expect Goldman itself to be indicted. No firm has ever survived such a blow. E. F. Hutton & Company and Drexel Burnham Lambert collapsed after being indicted in the 1980s before the cases even went to trial.
Brad Hintz, an analyst at Sanford C. Bernstein & Company, said in a note to investors on Tuesday that he believed that the government might seek to reach a settlement with Goldman.
âIn a worst case environment, we would expect a âtoo big to failâ bank such as Goldman to be offered a deferred-prosecution agreement, pay a significant fine and submit to a federal monitor in lieu of a criminal charge,â he wrote.
See the fact that we put out the allegations against DOJ and Sachs
UNDER - Penalty of Perjury - on my websites and blogs
http://www.petters-fraud.com/...
http://www.laserhaas.wordpress.com
Senator Al Franken is endorsing Elizabeth Warren for head of the Consumer Fraud Protection Bureau (CFPB) - as you will see by the evidence below - they ain't got the half of how bad it really is. Companies are being deliberately put into bankruptcy - so that Mitt Romney's Bain entities and Goldman Sachs can benefit from Bankruptcy Fraud!
HuffPO story on Senator Franken's endorse
http://www.huffingtonpost.com/...
Please join the 150,000 others who have signed his petition for Elizabeth Warren
Rolling Stone's Matt Taibbi called Goldman Sachs a "Vampire Squid". In Taibbi's story "The People v Goldman Sachs", he draws heavily upon Senator Carl Levin's 650 page report, stating that the Dept of Justice should bring forth criminal charges.
Matt Taibbi's story states the same thing we have been saying for a decade. That Goldman Sachs lied under oath, during questioning and stole their own client's money. RS Taibbi points out Goldman Sachs lies to Congress. As remarked in the story verbatim by Taibbi;
They weren't murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then they went one step further. They came to Washington, took an oath before Congress, and lied about it.
Now, compounding those issues, the Department of Justice is making a public, but most likely erroneous statement - that Goldman Sachs is not too big to prosecute (see Wall Street Journal Law Blog story (here)). While protecting Goldman Sachs and their lawyers such as Morris Nichols Arsht & Tunnell ("MNAT") from prosecution, US Attorney Preet Bharara states with a forked tongue that;
The Wall Street Journal Law Blog states;
As weâve seen, there are some corporate giants the U.S. government believes are too big to fail.
But are they also too big to prosecute? Not so, says Preet Bharara, the United States attorney in Manhattan, whose district encompasses Wall Street.
âIn my view, we should not be telling any institution that it is too big to prosecute,â
Goldman Sachs criminal cohorts beyond Madoff-esque in mendacity
Like Madoff, the Dept of Justice, along with Goldman Sachs attorneys have been assisting their cohorts in getting away with fraud for more than a decade. However, the fact of the matter is, the fraudsters that the Dept of Justice has been protecting are much bigger than Madoff, because they are connected to Madoff's fraud. Paul Traub, the "brown bag" henchmen of the organized criminal empire, was a partner of Tom Petters Fraud, a partner with Marc Dreier's Fraud, worked both sides of the fence in OKUN's fraud case. But his great claim to fame is the way he helped Mitt Romney's Bain entity and Goldman Sachs commit public company fraud - openly - in the federal courts.
Had the federal agents performed their public duty correctly, most likely the Madoff crimes, Tom Petters crimes, Marc Dreier crimes and OKUN's crimes would have been mitigated to great degree or halted much sooner. Marc Dreier is doing 20 years in prison (here), Tom Petters is doing 50 years (here), Okun is doing 100 years (here) and Madoff 125 years (here). Paul Traub is connected to all those parties and but has continuously enjoyed an improper promise of willful blindness thru a DOJ "Get out of jail Free Card".
For more than 10 years, the Dept of Justice has been protecting the scumbags from prosecution. Not only with willful blindness - but even out right duplicitous efforts to assure their organized criminal empire's success. Even the Delaware Dept of Justice US Attorney was a partner with Goldman Sachs secret law firm Morris Nichols Arsht & Tunnell ("MNAT"). Bain and Goldman Sachs engaged in massive frauds, with evidence so profuse, MNAT's partner (Colm Connolly) was made a US Attorney in 2001, to help cover up the crimes. Since then, they use time and the federal bankruptcy court in a decade long case drag out to stymie prosecutions.
If the New york United States Attorney Preet Bharara continues to ignore the case and ignore the precarious position his willful blindness is fostering, he will find out that he is in a vast company of public servants notorious and demised. Goldman Sachs secret plant (Colm Connolly) of their Delaware law firm counsel (MNAT) was working. Connolly simply refused to investigate or prosecute the Goldman Sachs IPO fraud. As a reward, the former US Attorney was nominated to the DE Federal Judgeship. But the truth put a mortal wound in the nefarious horde's schemes.
When we pointed out Colm Connolly's bad faith ethics,
Bush's Administration was trying to force through a
federal District Court nomination of Colm Connolly
to the Delaware District Court vacated seat of Judge Kent A Jordan (KAJ)
(another surreptitious issue KAJ will be discussed in detail later).
Then as Senator, Joe Biden successfully halted Colm Connolly's nomination to the federal court by refusing to sign the requisite slip
(see stories (here)
& Mike Castle's push (here)).
Engaging in biased reporting, the Delaware Wilmington News Journal and others attacked Senator Biden multiple times (here), trying to push this organized criminal facilitator up the federal corruption ladder.
NOTE - we alleged publicly, that WNJ killed the true story, removing a reporter from the case. Then another Wilmington News Journal reported called us out on the allegation. She was sent details of the story in volume and asked for more back up. That reporter was removed from the story also!
Not only is Deal-aware and the Dept of Justice protecting Goldman Sachs
They are also protecting Mitt Romney's
BAIN and Sankaty entites from prosecution!
Demise of rogue Dept of Justice personnel - caught protecting Goldman crimes
Other Department of Justice venerated persons have been thrust in the limelight by their failures to investigate and/or prosecute the eToys case. However, thanks to the inflexible sword of truth. Where the preponderance of the evidence is public docket records, their betrayal's of their public oaths to protect and preserve the Law has resultantly ended in their resignation or removal.
US Trustee Roberta DeAngelis replaced December 22, 2004 (here)
Office of Special Counsel Scott Bloch raided by the FBI and prosecuted (here)
DOJ Deputy Director Lawrence Friedman Resigns (here)
Colm Connolly, Delaware US Attorney fails to get Federal Judgeship (detailed above)
US Attorney's are nationally assisting Goldman Sachs crimes
CA US Attorney Tom O'Brien shuts down Public Corruption Task Force Unit (here).
To Tom O'Brien's shame - he actually threatened career Asst US Attorney's!
Actions speak louder than words. While one US Attorney is hinting, that he "may" prosecute Goldman Sachs and other white collar fraudsters. The DE and CA US Attorney's (as noted above) - are engaged in seditious acts of betrayal of their public oaths of office, doing hell bent efforts to make sure the cases are never investigated.
This, despite the fact that the evidence is so profuse, overwhelming and irrefutable, that already the federal justice system personnel corruption has caused several law firms to close. As you can see Dept of Justice personnel have resigned, (one has even been prosecuted for destroying evidence) and more than 2 billionaires are in prison. Everyone asks how Petters and Madoff could get away with it for a decade.
The answer could be very simple. Such as the surreptitious suicide of Marty Lackner, involved in the crimes. Marty was the brother of a MN US Attorney J Lackner (here). But the Wall Street Journal and Star Tribune said that issue was not news worthy or relevant to the public! Did the Lackner brother connection assist in the fraud? Did the Asst US Attorney benefit from the fraud? Who has investigated the emails of J and Marty Lackner, to see if there was communications between them about the fraud? There was no indictment of Marty Lackner, did he commit suicide because his brother warned him that he would be?
Questions is -------------- Was it really a suicide?
Overwhelming, irrefutable and profuse proof is publicly available of over 100 felony violations. They have Intimidated Victims/ Witnesses (specifically this whistle blower and eToys shareholders). Other crimes include
Bank/Wire Fraud, Perjury,
Collusion to Defraud a public company,
Failure to Disclose millions of dollars in assets, Collusion to Defraud an estate,
False Oath/Declaration in Court, MisPrison of a Felony,
Scheme to Fix Fees, Conspiracy,and many, many more civil, criminal and SEC violations.
Unlike the Madoff case (which, by the way, also is connected through Traub Cerberus), there is no need to wait for details due to the final collapse. The crimes have already wrecked havoc by material adverse mendacity profuse and the organized criminal evidence is documented. There are even confessions already in the public court docket record.
We can simply begin with one that has yet to be disclosed by Paul Traub - but the evidence is overwhelming and irrefutable of. His other client Wells Fargo loaned eToys $40 million in November 2000 and has transacted over $100 million. This is a fraud perpetruated with the help of Paul Traub, Xroads LLC Ellen Gordon and Traub's partner Barry Gold (see similar case of In re Bucyrus and how Wall Street Attorney John Gellene went to jail for much less then what has transpired (here)).
Paul Traub makes John Gellene look like a clumsy amateur.
Merrill Lynch, Wells Fargo, BAIN associated parties are Traub's clients. Gordon Brothers/Hilco bought Polaroid -gave it to Traub. Goldman Sachs and Cerberus owns' Hilco. Demonstrating Traub knew in advance, his affiliates, Goldman Sachs and BAIN funded the change of ownership of Fingerhut immediately before the FBI raided Petters offices. Traub manages to go everywhere organized crimes transpire. He was also involved in Enron and Adelphia cases.
Had the federal agents performed their public duty correctly, most likely the Madoff crimes, Tom Petters crimes, Marc Dreier crimes and OKUN's crimes would have been mitigated to great degree or halted much sooner. Marc Dreier is doing 20 years in prison (here), Tom Petters is doing 50 years (here), Okun is doing 100 years (here) and Madoff 125 years (here). Paul Traub is connected to all those parties and but has continuously enjoyed an improper promise of willful blindness thru a DOJ "Get out of jail Free Card".
Goldman Sachs Fraud began in 1999
As remarked upon above, Goldman Sachs helped [Mitt Romney's] BAIN entity commit federal fraud to steal eToys and make sure the public company failed. Bain now owns Toys R Us. In turn, Toys R US however, in turn, owns Kay Bee Toys, FAO Schwartz and eToys - all through bankruptcy fraud schemes and the fraudster Paul Traub.
Those crimes are not the only criminal and civil offense of Goldman Sachs and their attorney's. It all began in 1999 when Goldman Sachs took eToys public.
- MNAT law firm's cohort in crime is Paul Traub - who works with BAIN.
- BAIN owns Toys R Us that illegally owns eToys (failing bona fide requisite).
- Both MNAT and Paul Traub are continuously, failing to disclose their connection to BAIN.
- While Paul Traub and MNAT submitted false affidavits stating no relationship to BAIN, -------they sold the assets of eToys to Bain/KB Toys.
- MNAT was eToys Debtor's counsel
- Paul Traub was eToys Creditor's counsel
- BAIN and Goldman Sachs are very important billionaire empires.
- Goldman Sachs, is not the richest company in the world -because they always bonus it.
- BAIN, is rich, because it consistently profits from Bankruptcy FRAUD
- See Stage Stores, eToys and Kay Bee Toys bankruptcy cases for easy proof.
- Mitt Romney is the founder, former manager and still owns Bain & SanKaty entities
Conclusion and prayer for relief
What remains a miracle, is that this whistle blower is still alive. There are more than 1 dozen untimely deaths connected to these intertwined cases. Denny Hecker's relation committed suicide by shotgun. A Rothschild member committed purported suicide as well. The Billionaire Picower was reported to have committed suicide, then they changed the story to the fact that he drowned in his pool, then the last, but unsubstantiated story says he had a heart attack and fell in his pool.
MN Asst US Attorney J Lackner's brother - Marty Lackner - purportedly committed suicide as well. A man in his 40's, with a good wife and children - hanged himself after his friends reached out to me. There are many unanswered questions on that issue alone.
Then, believe it or not, Jack Abramoff is tied to this case as well. Even after the murder of one of Rothstein's (connected to Petters through Discala) - where Rothstein's right hand gal's husband murdered Rothstein's left hand gal. Abramoff was released from jail early. While he was purportedly working a pizza job in Baltimore, his henchman Johann Hamerski, was still trying to harass the eToys shareholder Alber to death. Speciously, Alber had to kill a man in his house. When the local authorities did not rule that anything other than self defense; the powers that be found a drug dealer friend of the deceased criminal eToys shareholder Alber killed. That drug dealer testified that the police promised to return his children (taken away by the state) - if he gave testimony that Alber was a stolen goods fence.
Evidence of crimes are profuse and undeniable. Goldman Sachs attorney and Paul Traub already confessed to intentional fraud on the court. Martha went to jail for 6 months, for lying about profit. These "officers of the court" admitted to deliberate schemes to steal from the eToys public company and their clients. Instead of investigating and prosecuting the cases, Goldman Sachs law firm was never mentioned and Paul Traub was given a Dept of Justice "Illegal" Get out of Jail Free card. Where he used that badge of impunity and became partners with other fraudster schemes like Marc Dreier and Tom Petters.
Main stream media falsely says this story is not worth reporting. The same Wall Street Journal that lambastes the great American hope of Elizabeth Warren, says this case is not newsworthy. That the suicide of a brother to the MN Asst US Attorney does not matter. That the $43 billion of Petters, the $50 billion of Madoff, the $billions of Dreier, Bain, Goldman Sachs and eToys federal fraud - is not newsworthy.
Yet - the Wall Street Journal came out with the story of Preet Bharara saying that Goldman Sachs is "NOT" - too big to prosecute. What is surreptitious about such remarks, is that they only transpired after a NY Law firm we have contacted on many occasions, was forced by the vast evidence to not assist in the cover ups. This story is only dead, when the Truth is dead. But the truth never dies - it gets stronger with time. Paul Traub has been rewarded for his duplicity in the crimes with Polaroid for free. JP Morgan, Goldman Sachs and Bain are all involved in crimes and cover ups in the Petters case. Including Fingerhut and Polaroid. They made Ritchie Capital lose $250 million (plus many millions more in legal fees fighting a corrupt system). They have found out that he will not take his arse whoppin quietly - and a huge battle has begun that is now at the US Supreme Court.
Meanwhile - aligning ourselves with his efforts to fight has brought national attention to the issues as well. Preet Bharara made his statement that Sachs is not too big to prosecute after an attorney from the Pomerantz law firm went on the record the very same day stating that Goldman Sachs breached its fiduciary duty (Honest services Fraud) - in the eToys case.
Due to the relentless pursuit of the issues and the fact that proof of 100 felony violations exist in the public docket records in the NY Supreme Court, the Delaware Bankruptcy/ District Courts', the 3rd Circuit Court - the Pomerantz law firm told the New York Supreme Court of Appeals that Goldman Sachs committed a schemed Breach of Fiduciary Duty in taking eToys public. As stated in the 360 Legal article (here), it remarked
"Law360, New York (June 7, 2011) -- Goldman Sachs Group Inc. undervalued a $178 million initial public offering at the height of the dot-com bubble so its other clients could cash in, an attorney for a now-defunct online retailer told a New York state appeals court Tuesday.
The investment bank undervalued the stock when it served as the underwriter for the IPO of eToys Inc., an online retailer that went bankrupt after the dot-com bust and is now owned by Toys âRâ Us Inc., according to Stanley M. Grossman of Pomerantz Haudek Grossman".
Paul Traub is also connected to Madoff in many ways, including through Cerberus- where the rumor is he was the one that scared the Madoff sons into confessing, to halt press stories about him, Petters and Dreier. Cerberus translates from the Greek into "Guardians of the Gates of Hell" - and that is what he and Harold Bonacquist are putting this country through - Hell. Traub's organized criminal empire makes Madoff look like an amateur as well.
the US Supreme Court has stated in the case of In re Hazel Atlas Glass (1944) - and the 3rd Circuit, along with the Delaware Bankruptcy Court have reaffirmed the premise - that in such cases - there are NO Statute of Limitations (see case reflections (here)). You can see others who are talking about the story like the Bankruptcy Misconduct great website and the Where's Justice For All website that has the Wall Street Journal story on eToys as well.
http://www.bankruptcymisconduct.com
http://www.wjfa.net/...
Ignoring the organized crimes has helped other federal courts become corrupt. Such as the Minnesota Judge Montgomery giving Petters attorney (Kelley Wolter) the Petters case as a Federal Receiver. He has made criminal forgiveness deals, because the Judge did ILLEGALLY grant Doug Kelley a purported Judicial Immunity card. Where Doug Kelley and his fellow receiver made deals to give other fraudsters a cake walk and stole Polaroid to give it to Paul Traub for pennies on the dollar.
We need a person like Elizabeth Warren to protect us from the organized criminal empires so strong, they are Above the Law and have corrupted our federal courts. So much so, Al Franken (MN Senator) - is petitioning for Elizabeth Warren to be head of the new CFPB.
PLEASE - Sign the PETITION as requested by Al Franken.
To leave no doubt about the veracity of my allegations - you can see my website and blogs contain an affirmation to all federal agents - Under Penalty of Perjury.
http://www.petters-fraud.com/...
and
http://http://laserhaas.wordpress.com/
I take this stuff seriously - sure wish the federal agents did so too!