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Johnc222 » Comments » GS

  • How Goldman Sachs Games the System  [View article]
    Front running....lol is that all. What about Goldman setting the banks up for their huge fall. Convincing them to Securitize their mortgages, while all along playing the otherside of the table. Buying CDS against them in the OTC Market.

    Goldman profits from the CDS play are worth Tens of billions and keep rolling in.

    Goldman better find a way to return the profits back to the Banks in this country or the full wait of Uncle sam will come crashing down on them.

    As far as the SEC is concerned...SEC is worthless,..they allowed Naked Shorting to go on for over 10 years..denying that NSS was even taking place. Then they gave of REG-Sho which was a joke. Then Chric Cox contributed lehmans sharpe drop to NSS.

    Then final SEC voted to ban Naked Shorting(NSS)...Voted..? but wait according to the 1932 &33 security Acts NSS was already illegal.

    The SEC has been corrupted by the revolving door of wall street...their Inspector General will find those that sold out the integrity of that Agency.

    SEC has allowed manipulation by Shorting syndicates to go for years, destroying and stealing America's capital.
    Aug 31 08:01 am |Rating: +8 0 |Link to Comment
  • Is Goldman Sachs Really Doing Anything Wrong? [View article]
    Goldman set-up the Banks along with Deuchter Bank of Germany. They were encouraging Banks to collateralize their MBS and leverage them all the while buying CDS against them.

    Their bids in the CDS market where suppose to be private, however most got leaked into the press. The bids were between to MM in the CDS market bidding between one another driving the CDS artifically higher and then the bid was leaked. Naturally, the Market thought the XYZ corporation was going into Chapt.11 since the CDS was soaring...then the naked Shrters took over to finish the job of driving the company into the ground.

    I could go on but the rest is history as they say. ...SEC is investigating, however who is investigating the SEC their revolving door between Wall Street and the Commission has contributed to the American people's destruction of the Nation's Wealth.-johnc222

    p.s. XYZ Corp. is an example....however see if lehman fits the bill or AIG
    Aug 07 08:47 am |Rating: +3 -1 |Link to Comment
  • Goldman Goes Off-Message [View article]
    World Stimulus has worked the Trillions that was thrown at the Economies will have a multiplying effect of 2.5-3 X. Goldman know this John Meynard Keynes was right in times of deflation you pay people to dig holes, and then you pay them to fill them up again. I also understand the implications to the dollar. However, most of the money pump will not hit the street,,..i.e. Goldman paying 10 Billion Tarp money back to the Treasury...money never hit the street. So, these inflation Hawks are off base and will be waiint a long time for Gold to hit 2000/OZ.

    Pyschology of the market was priced to destruction, insolvency, chapt.11. ,...Well it's NOT going to happen.-johnc222
    Aug 06 12:12 pm |Rating: 0 -7 |Link to Comment
  • Did Goldman Gain from America's Pain?  [View article]
    Goldman didn't gain from America's pain. It caused America's pain along with Deuchter bank of Germany.

    Goldman set the banks up beautifully....they gave the banks a lesson in how Wall street really works,.

    The repeal of Glass-Steagal was a blessing to Goldman.... johnc222
    Jul 15 09:21 am |Rating: +8 0 |Link to Comment
  • An Evaluation of the SEC’s Prohibition on Naked Short Selling [View article]
    The Author of this Article needs to do more research into the damaging effects of Naked short seliing. Naked short selling is Illegal and has destroyed over 7000 publicy traded companies.

    You can not just continue to short a company stock in some cases 2x the Outstanding shares of the company, that drives companies into Chapt.11 by denying company the ability to raise capital in the open market.

    Naked short selling is a criminal practice most done by off shore Hedge Funds. It's a crime, if you can not deliver the real certs in a 3 day time frame. The DTCC needs to be investigated there is a huge conflict of interest.
    Aug 15 08:12 am |Rating: 0 0 |Link to Comment
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