"*Putting that Goldman Sachs penalty in perspective. Goldman Sachs has agreed to cough up $550 million to Uncle Sam to settle all charges regarding the way they misled investors about certain derivatives. That might be a fortune to thee and me, but it's a pittance to the Kings of Wall Street. Consider: It represents just 3.4 percent of Goldman's employee bonus pool for 2009. That came to a whopping $16.2 billion. Can Goldman afford the fine? Don't make me laugh."So be sure to thank Scott Brown, Olympia Snowe and Susan Collins for caving in and voting for this debacle of a bill.
Sunday, July 25, 2010
Making Wall Street pay......what a joke
So here is President Obama touting the 'accountability' factor the Financial Reform sham bill has created, but just think about it for a minute;
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