Gordon Brown and Angela Merkel attack Goldman Sachs (r'uh-r'oh)

Source: Guardian

A crisis gripping Goldman Sachs deepened today as Britain and Germany moved towards joining the US in pursuing a fraud investigation against the Wall Street bank for allegedly fiddling clients out of $1bn ($650m) through a misleading mortgage investment deal.

Gordon Brown ordered a special investigation into Goldman, accusing the bank of "moral bankruptcy". He threatened to block multimillion-pound bonus payouts if the firm is found guilty of wrongdoing.

In Berlin, Angela Merkel's government said it had sought information from the US Securities and Exchange Commission with a view to evaluating "legal steps" against Goldman.


Brown told the BBC's Andrew Marr show that the case against Goldman fuelled his argument for a global tax on financial transactions: "I am shocked at this moral bankruptcy. This is probably one of the worst cases that we have seen.

Read more: http://www.guardian.co.uk/business/2010/apr/18/gordon-brown-angela-merkel-goldman-sachs

It looks like we will only give them a
slap on the hand, when they CLEARLY deserve
a bullet through the head.

Glad to hear of others joining the investigation.

from Trading Places

to

Coming to America, as homeless men.

Pride goes before a fall...and Hubris and Arrogance are stepping stones to tragedy.

:cry:






















(yes, they paid me a BIG bonus to post this)

:evilgrin:

The volcano is angry. Feed it some corrupt bankers. They could be bundled in groups of ten and called CDO's (Communal Disposal Options).

:hi:

Keep Postin', Dude!

Shows you how extreme our wingnuts are. You could grow very old waiting for the mdeia to point out that fact, of course.

I wish I knew how we could turn our media into what they (historically) were called to do.

After all, with free propaganda from Fox News, I have no doubt that Fox can have a Tea Party rally on their embassies demanding the Germany and the UK leave Goldman Sachs alone.

how many billions does someone have to steal before criminal charges are brought?

Seems like we've got thousands of people rotting in jail for stealing a millionth of what these crooks stole.