Tiberius Posted August 25, 2014 Share Posted August 25, 2014 http://www.huffingtonpost.com/2014/08/22/goldman-sachs-fhfa-settlement_n_5701510.html?ir=Business Not much media coverage either. Google finance had a story on it that disappeared over night. They released the story on a weekend of course and it's all hush hush. Would love to know more about this. Is this part of the problem that brought down the whole financial sector in 2008? And these guys get off with nothing? Wow! That's not justice Link to comment Share on other sites More sharing options...
keepthefaith Posted August 25, 2014 Share Posted August 25, 2014 What the article doesn't say is if there was any criminal wrongdoing by people. The question is what were the rules and laws on credit standards and screening then? If you follow the Liz Warren mantra that "corporations are not people" then there are no people to be jailed. Link to comment Share on other sites More sharing options...
Rob's House Posted August 25, 2014 Share Posted August 25, 2014 http://www.huffingtonpost.com/2014/08/22/goldman-sachs-fhfa-settlement_n_5701510.html?ir=Business Not much media coverage either. Google finance had a story on it that disappeared over night. They released the story on a weekend of course and it's all hush hush. Would love to know more about this. Is this part of the problem that brought down the whole financial sector in 2008? And these guys get off with nothing? Wow! That's not justice This was a civil matter that was settled. What criminal charges do you believe should have been brought, and against who? Link to comment Share on other sites More sharing options...
Tiberius Posted August 25, 2014 Author Share Posted August 25, 2014 What the article doesn't say is if there was any criminal wrongdoing by people. The question is what were the rules and laws on credit standards and screening then? If you follow the Liz Warren mantra that "corporations are not people" then there are no people to be jailed. You are right about the article, but it's not just the article, it the entire media that isn't saying ANYTHING about this, at least from when I last looked a few hours ago. It's a blackout. Even though this involved mortgage backed securities to freddie and Fannie, we don't know what role this played in the events of the crash. I'm also surprised how average Conservatives have picked up the Corporate Personhood mantra and ran with it with such passion. Wow. Ya, people run corporations and can run them corruptly. This was a civil matter that was settled. What criminal charges do you believe should have been brought, and against who? Good questions, wish there was more info on this available. We know they played a really big fine for something Link to comment Share on other sites More sharing options...
Alaska Darin Posted August 25, 2014 Share Posted August 25, 2014 people run corporations and can run them corruptly. Sincerely, A Hypocrite Statist Link to comment Share on other sites More sharing options...
KD in CA Posted August 26, 2014 Share Posted August 26, 2014 (edited) Not much media coverage either. Google finance had a story on it that disappeared over night. They released the story on a weekend of course and it's all hush hush. Would love to know more about this. Is this part of the problem that brought down the whole financial sector in 2008? And these guys get off with nothing? Wow! That's not justice So Wall Street is now taking media manipulation tips from the White House? Cool. Ya, people run corporations and can run them corruptly. Said someone who knows less than nothing about how corporations work. Edited August 26, 2014 by KD in CT Link to comment Share on other sites More sharing options...
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