G. L. Turner

Goldman's Human Face

Charitable donation - Hmmmm...Dont they get a write off for that?

Let's see..."sins". Like it tkes only $9BN now to control the global price of oil via the Goldman Sachs Commodity Index funds and such. Now, $9BN is what about a third of this years bonus pool?...Wonder just how much of all those profits are made from oil and gasoline trades - trades that generated a large part of thier $10BN 3Q trading profits...which have, no doubt forced 95% of Americans to be paying $1 more per gallon of gasoline this year...

Oh, silly me, I forgot that $20 overprice per barrel that ol' Rex T said was "overpricing" was the dollar's fault....Wonder how often Rex and Lloyd "lunch and golf"????

Goldman Sachs' Latest Initiative: Business Plan or Charitable Donation?

I like th fact that they now control the Interantional Oil Futures market...
and the CFTC, The Fed and the Treasury have yet to do anything about stopping this, and many other of their sins.

Very appalling, is how often they break the securiteis laws...and then after a couple of years, have made billions on the illegal action, negotiate a fine in the $40m to $70 M range, doing this numerous times - but, alas, this is a "calculated' 'cost of doing business expense' that they so arrogantly factor in - and yet they continue to get away with it...

When we put in term limits and bar the pols from taking corporate money, then maybe, we'll have a chance. Just remember, when a few corporations and heavy weights rule, America is on the skids...

PS- I have pretty much decided that Obama and Buffet are now part of the vampire squid sucking team....

The Global Oil Scam: 50 Times Bigger than Madoff

derrly,

Your follow up comment was very well stated, and describes the problem very well....hopefully some of these who are clinging to 'peak oil production' and speculators even each other out mantras will begin to see the light, as they pull their head out of the tar sands....

The Global Oil Scam: 50 Times Bigger than Madoff

Fabulous Article - I started writing our Senators and a Few Key House Reps in Jan. 2008 as I had already "smelled" a very foul smelling RAT -- and I was not even 'into business' during the last few years.

Simply put, when Bush Allowed - actually "PUSHED" the 2005 Oil Mergers through so rapidly, WHICH WERE TRULY VIOLATION OF ANTI-TRUST LAWS - I remarked that we would be soon screwed at the pump...and yes, we soon were! I also begin to tune-in to CNBC, I could sense, via the GS "analysts" reports' that the MAYA was gushing full stream. It has all been a big greed conspiracy between the groups mentioned in the article and the Bush Admin in order to pull it all off.

ryanclarke and M Anthony, I have read many of your comments...The supply problems are a good ways off, the whole picture, and especially in your minds, is a function of falling prey to all the rumors and hype, and "prices come true" as have been demanded and engineered by GS et al over the last couple of years...SO PLEASE WAKE UP T TEH REALITY THAT WE ARE A GOOD $16 OVERPRICED TODAY, WITH ONLY $4 OF THAT BEING THE DOLLAR...

And Mike Masters et al. did the number crunching to help verify the problem...and yes, the $147 spike and drain off up to that point was the main culprit of the great global Recession, and another will be right around the corner if this greed cartel is not busted up soon!

Please, people DO FAX your Pols, we need the pressure!!

Gasoline and Diesel Fuel Prices: Scaring Investors in Time for Halloween

Once again the name gov sachs jumps up in an article as the "culprit" behind a sinister group that is 'messing with the markets', moving them away form fundamentals and controlling them for personal gain.

What Bob is citing above is "the way it is suppose to work" - you know, natural industry (inventory tax) and seasonal cycles.

The problem ow is this...GS, JPM and MS and seen how they can corral as little as $9BN and situated it in the energy futures market and then sit back and move the price up or down...have you noticed how the Oil and Gas has moved smoothly in cycles of $10 - $63 to $74, and RBOB between $165 and $2.07, in 2 to 4 week swing directions since March..all the time the fundamentals not changing, but with 'excuses' derived form any and all upticks in economic news or mild swings in the currency? See, this alows for them to 'push' up the prices based on these tidbits for two weeks, and then short back the prices after others have flowed in, leaning back on the s/d funda argument for a couple of weeks...only to do it all over again the next month...Just like paying a sweet violin.

How do you like the concert America, just when you are struggling to get back on your feet and the price of gasoline is the fastest and best way to either help or hurt 95% of all Americans, Government and Small to Mid-size business...
Time for this sad song/concert and now new business style to go away!

Where is our CFTC regs we were promised by Obama?....Getting short on patience with that dude too, now.

The Secret Paulson-Goldman Meeting

To: JCC, Aislabe, Stimpy and warm_paw_

Surely you're not that naive or jaded by the profits"!
Do you work for Gov. Sachs?

These guys are 'legal' crooks in my opinion. As Matt T pointed out...they constantly break the law - get fined and pay such every couple of years...but, this is just a slap on the wrist and is calculated in the equation as a "cost of doing business".

You dont go year in and year out making the bread these guys do, and there isn't this growing and constant 'talk' about GS without there being some major truth to the accussations. They "own" the senate now and the Treasury and apparently the SEC and CFTC too.

Until these pariah are shut down, our country will continue to look like the Russin Landscape with strong arm 'bosses' in the back rooms, pols and these guys, making a killing at he top and driving the rst of the country into poverty...step back and look closer...it is there..
Go Andrew!

When Goldman Might Have Failed

Hey Moon,

Let's add to your comments the fact that GS successfully engineered the $147 Oil Frenzy, stuffed their Index Fund Participants into it, at their peril since they were one of the first to short oil in June, ahead of the rest of the sheeple. Their own in-house accounts did just fine, mind you...

Add to this, the fact that apparently almost, if not, each year GS routinely steps over the boundaries and incurrs fines and penalities from the government, but actually just plans to run aground as they look at this as a "routine cost of doing business", a cost to the multibillion dollars they rake in when stepping out of bounds..

Yes, GS (and Big Banks), Big US Oil, Big Ins and Big Pharma have got to go...

Look, these are the 4 Biggest Lobbying Groups in the US - and here are where our ills lie....

The ABCs of Oil Manipulation

OK - This is great info, Chris. Thanks!!

And, you have 'been in the trenches' and know of that which you speak...this is exactly what I was telling the Dem Congress last year, try telling the Reps, but hey, you know who they march to...

Now, can we get this info through to Obama and Gensler??

Can we get the greed meister's out of teh markets and government too and get back to having markets and an economy that works for all of us?

Was the AIG Bailout a Goldman Bailout by Proxy?

Well, Oh Angry banker - You are definitely 'Odd man Out' here -

and rightfully so.

GS' ( JPM's ) Oil market manipulation of 2008 and even this spring..needs investigating too...!

Goldman Pays Its Pound of Flesh

YEP - The payment of $1.1BN as a pound of flesh comes in the wake of Matt Taibbi's poignant and condemning article on Government Sachs. This being followed by many other media outlets and some in Congress finally starting to realize that enough is enough, They (GS) 'needs' for some kind of PR stunt since the whole world is starting to finally figure out who it is that is really causing that harsh pain in all our backsides...

Geez, this author is naive...

CFTC: Fire Up the Lobbying Machine

Right On, Bone Yard! - you get it!

It’s Tough Being a (Small) Speculator

Good article! - You 'get it, man'!!

The system has been 'gamed' by a few, who have creatd a huge web that allows full manipulation. They onw the government and play on all fronts...yes, they have the horsepower and the hooks in all the right palces, to use a little leverage and have the markets trend in a certain direction, gin it up even more, and then short it out before the herd, that they herded into the game based on their 'investment advice', knows what hit them!

The Backwards Robin Hood Effect in Crude Oil Trading

Live it to Gov sachs and its band of brothers to hose the rest of us and often and as deeply as they can. They are making so much money with ignoring the rules that they don't care if they get fined. They just pay it a s a 'cost of doing business', book it , and move on...

If OBAMA doesn't carry through quickly and clean this regulatory lameness up, our recession will never get cured for these greedy pariah suck what little blood starts to flow, before the rest of us have a chance to energized.

Any good info like this article needs to be sent to Tysum Slocum at Public Citizens . org, who will help get it into the hands of key Senators.

GT

Is Goldman Frontrunning Its Clients?

Great Remarks Guys!

Seems that, in order to make the story really complete, we need to add the Credit Card Greed Meisters - you know all those banks who are TARP Babies, sucking down near zero money while they charge us 20 to 30% interest (whatever happened to Usury Laws?), and last but not least, the 3 Bush/Cheney Mandates BIG 3 US OIL COMPANIES....

Truly, it the world, and all its wealth belongs to them....I am waiting to see how much they can penetrate into the Great Wall - but these guys are too smart for this...

BTW, have you noticed how Buffet has been doing rather poorly, in general, since "investing" in the Greed Meister's Schemes...?

Is the $700 Billion Really for Bailing Out the Fed?

BTW, ABG, Good Article and A Good Reply Post, too!

Many 'out there' have not begun to accept MS and GS
s role in running up iteh price of OIL, thriggering the Global Recession..."it is only supply and demand"..well, NO its not1

Our reserach indicated, and was confirmed by the Oil Chiefs, The Saudis and the IMF, in testimony, that anything above $90 was excessive speculation brought on by the new financial players, since mid-2005 - the point at which GS began to really induce the funds to invest in their CIFs and become 'passive long investors".

This, btw, is their language, not that of M. Master's, as some would believe. (Again, people speak out without looking at the facts.)