HBWOW

When Is Insider Trading Legal? The Strange Case of Stephen Friedman

On top of this GS story of grand white collar greed, again realize that
GS according to articles has over $40 trillion exposure of derivatives
and total assets of only $20 billion. AND WE THOUGHT THE EQYPTIANS WERE GOOD AT BUILDING PYRAMIDS. The Friedman
deal is but one of the many stones in one of the many GS
pyramids.

Geithner to Blame for Outrageous Goldman Bonuses

Who is to blame? Simple, there's Goldman, the company and then
there is ex Goldman, the government. Can we see a detailed report
on GS employees' retirement plans?

Wasted Lessons from AIG

Very scary but right on target. When did banks stop being banks and become gambling casinos?

As for your comments on AIG and BAC stock prices then and now, this is a strong testimonial on the power of GS.

Government run by Wall Street.

The BofA / Merrill Mess - A Misguided Mob Goes After the Wrong Guy

Mr. Lewis is responsible for the bank's dealings in high risk derivatives and he should have acted in the best interests of the BAC stockholders/depositors and passed on the Merrill Lynch "deal", first on the basis of finding out about previously undisclosed losses (M & A) and secondly finding out about the outrageous "performance bonuses" cooked up by ML management (white collar crime???).

He should be further investigated and dealt with based on the findings. These high flying insiders and their political buddies all
are to blame for the mess. It is so amazing that they deal verbally without documentation records so no one can be proven wrong/guilty, wow. WHAT EXAMPLES FOR THE FUTURE OF AMERICAN MANAGEMENT ETHICS/RESPONSIBILITIES CODES!

What's To Be Done About Citigroup?

I read article after article like this in which it is obvious that "top management" have questionable backgrounds and apparent direct involvement in the toxic derivative dealings, BUT no agency, SEC, the FED, CONGRESS, the BANK REGULATORS/EXAMINERS, FBI nor CLASS ACT STOCKHOLDER LITIGATION go after these highly paid manipulators/scam artists. The public, investment funds, stockholders, and voters should demand and get investigation and prosecution of the culprits who masterminded this whole debacle. Armed bank robbers are sought, caught, and prosecuted - - white collar culprits are talked about but then ignored.

Rating Obama's First 100 Days

As a puppet, I believe he is doing just what he is told, ie when he isn't out on the golf course. What I want to know is his golf scores and is he improving?

Credit Bubble: Who Lent to the Hedge Funds?

Good article but as scary a picture as I have seen. Why are the insiders behind these schemes NOT IN JAIL. Also WHY are the accounting (auditors??) firms not being charged with collusion?
AND certainly where was Chris Cox and his overpaid but do nothing SEC staffers? I have been saying for years that the stock market was a far riskier bet that Las Vegas where we knew the odds were not in our favor. The last five or six years have brought about the ruin of all remaining integrity and confidence of the stock market

Exclusive: Big Banks' Recent Profitability Due to AIG Scam?

All the top "executives" (crooks) should be fined and jailed. Also has anyone looked at what Chris Cox is doing and how financially fixed he is, make your own conclusions.

AIG Bonuses Are Just the Tip of the Iceberg

Who was it that said, "Ask not what you can do for your country, but what your country can do for you?" Multiple choice 1) Liddy,
2) Lewis, 3) Pandit, 4) Twain, 5) Dimon, 6) Kovacevich, 7) Pelosi,
8) Frank, 9) Dodd, 10) Cox, 11) Wall Street in total, 12) Congress in total, 13) Corporate insiders, or 14) all of the above plus.

How Wall Street Keeps Dooming Itself

Bonuses now and then. Now the insiders, without performance, take massive compensation packages as they work harder at getting these monies than doing the required duties of their positions.

Many years ago, I saved my company 1 1/2 million dollars and the President told me, "Thanks, but what are you going to do for us tomorrow?"

TIMES HAVE CHANGED!!!!

Banking's Ins and Outs: $188 Billion from Bailout, $1.6 Billion to Execs

What is new? The insider executives and directors (watchdogs for stockholders???) have been bilking the stockholders for years totally irrespective of reasoning, job performance, corporate performance - simply lets grab whatever we can get away with. These monies are void of "arm's length transaction bases", prior COMPLETE disclosure to stockholder much less their approval, and depletion of corporate equity. I believe these transaction to be of the highest form of (dirty) white collar crime. How can any shareholder have ANY faith in the company's management with these type of dealings?

Paulson and Bernanke: A Conspiracy of Dunces

I just saw on TV that the Senate approved bailout bill includes some earmark funds. Funds to Somalia and an absurd expenditure regarding wooden arrows for millions of $ - this was on Fox News. Will Congress ever get real?? I believe all earmarks on all bills should be published in the news media and who sponsored such. Then the public could vote them out of Congress at election time.