In Memory of Carol Ann

Dedicated to Erin Elizabeth and Deanna Carol


Any society that would give up a little liberty for a little security deserves neither and will lose both.

Benjamin Franklin.













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Sunday, August 15, 2010

Goldman Sachs a Money Pit

Goldman Sachs top Bankster exercised his November 2000 Goldman Sachs stock option on 90,000 shares @ $82.87 and sold this last week @ $149.50 for his take of $6.1 million American Houdini Dollars Booty.



At a time when 10% unemployed Americans suffer the Nationalized Banksters continue to enrich themselves with free money from the US Treasury.



The Top Bankster salary for 2009 was a mere $862,657 down from the Bush last year 2008 salary of $42.1 million compensation. The loss of income no doubt caused the Bankster to sell off Goldman stocks in hardships.




The chart above indicates the Banksters lackluster skill levels for not having sold @ 2008 high levels exceeding $240.00 a share. Easy come easy go. The sell off could be seen as a turning point in Nationalized Banking futures. If the top guy is selling there must be a reason. These guys take money very serious.




You may remember the unforgettable $800 billion TARP bailouts gifted by the Big Bucks Bush Administrations. Of the $800 billion TARP booty, Goldman's take was 10 billion in TARP money and another $13 billion paid by the Bagman AIG with more TARP money. AIG is not expected to repay any of the TARP malfeasance. Directly and indirectly Goldman received
$23 billion of TARP booty. It could be said " If the Girl Scouts of America got their cookies for free they would be equally as successful as the Nationalized Banksters".



The DOW Jones Industrial average is nearly the same today as 2000 levels after being driven to a Highest ever of over 14,000 from the 1999 Abolished Glass Steagall Act of 1934. As a result of the abolished 1934 legislation the Banksters can now legally invest US Treasury Bank funds into the Stock Markets. The markets were not benefited by the eight years of Bush.




Goldman's best and brightest followed with the new Mortgage Derivative Bundling Scheme that triggered the housing boom and ultimate collapse. They marketed this malfeasance as their new products and sold worldwide.


The Bush Administration bailed out the Banks not to protect the American people but, to protect and secure New York as The Financial Capital of the World with taxpayer debt of $800 Billion TARP Booty. Without this money paid to Bagman AIG the world markets would have suffered heavy losses and refused the New York Financial Capital.




The SEC swept the issue under the TARP carpet with Goldman settling a SEC lawsuit with a $600 million damage award to the SEC. My former paperboy could have cut a better deal.


The system that allows the Dirty Dozen Banksters unlimited access to The US Treasury money supply free of charges continues on with support of the American Government.



There are many things the taxpayer cannot control through free market capitalism. The two biggest variables that will forever keep Americans broke are the imaginary charges of interest by our Nationalized Banksters and Taxes forced by the Oligarchy Government.

Could these two thefts have the same father?

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