SEC Charges Goldman Sachs with Fraud
Democrats received 75% of the total Political contributions from Goldman Sachs yet, Obama blames the Republicans for the fiscal crisis created by the Democratic controlled Congress in 2008. Will Obama and his Democratic controlled Congress blame Republicans for the Democratic Deficit Crisis of 2009 and 2010?
Obamunism: Taxpayers are Wall Street’s personal piggy bank
Although Goldman Sachs claims they paid back their $10 billion TARP Bailout, the Wall Street giant issued $28 billion in unsecured low-interest loans backed by the Federal Deposit Insurance Corp. If the Bank defaults on its debt, the FDIC guarantees timely principal and interest payments.
The Temporary Liquidity Guarantee Program gave Goldman Sachs a free AAA rating and access to virtually free money leaving us with the tab if something goes wrong. The guarantee will terminate on the earlier of an opt-out date, the maturity of the debt, or June 30, 2012.
During the first quarter of 2010, Goldman Sachs earnings almost doubled that of 2009: $3.46 billion, or $5.59 a share, a 91% increase in profit ($1.81 billion or $3.39 a share for the same period in 2009).
Onward Goldman Soldiers
was inspired by Goldman Sachs CEO, Lloyd Blankfein who said, “I’m Doing God’s Work.”
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Goldman Sachs’ recipe to rob the public & Al Gore’s Carbon Scam
For Music Monday,
Shitty Shitty Bank Bank – A Financial Collapse Parody
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Posted on April 18, 2010, in Music Monday, Political News, Political Satire and tagged Goldman Sachs, Lloyd Blankfein, Music Monday, Political News, Political Satire, President Barack Hussein Obama, Securities and Exchange Commission. Bookmark the permalink. 4 Comments.