How Goldman-Sachs Fraudsters Cheated Investors While Homeowners Go Broke...

Oh NOZE! Real journalists have started to investigate the banksters and their filthy dealings.

Blogger/Buddy Edger, at Antemedius, assembled and posted the follow rumination on the doings of the Gods of Finance. In this first video Greg Gordon of McClatchy News reports that Goldman knew that mortgages were not being properly reviewed...

Yet the motherfuckers bundled these mortgages, sold the bundles, and then bet against their solvency (there is NO SUCH THING aas "business ethics.").

(Below) Paul Jay interviews Gordon who explains that a five month McClatchy investigation has found that Goldman's failure to disclose those secret bets may have violated securities laws - that in 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers that it also was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.

In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers that it also was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting. Now, a five- month McClatchy investigation has found that Goldman's failure to disclose those secret bets may have violated securities laws.

I personally would not object if these greedy, money-grubbing fascist motherfuckers were hanged in gibbets from the street-lamps on Wall Street, til their bones fell into the gutter...