oh, you can delete the threads that i make Brock and his lib buddies look like foolish, short-sighted sheep, but it doesn't change the truth. i told you lib fukks when you were creaming in your pants over dems grilling GS Execs that it was a dog and pony, that no one from GS will ever get indicted and that GS owns everyone senator and obama's ass. can't believe you fukkin libs fall for the same shit over and over and over and over and over and over and over and over and over again.
and you stupid ass conservatives are just as gullible. you haven't figured out the game yet? an AK talks and bullshit runs
okay, how about this one: dems and reps new slogan should be CREAM
business owns them all and they own us.
don't fukkin doubt me:
WASHINGTON/NEW YORK — Goldman Sachs Group Inc agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank's clients and investors.
The U.S. Securities and Exchange Commission said the penalty was the largest ever for a financial institution, and leaves the door open for future civil suits.
But many investors viewed the $550 million settlement as just a slap on the wrist for a bank that earned more than $13 billion last year.
"They pay $550 million and they get an $800 million pop in their stock price ... they got off easy," said Kevin Caron, a market strategist at Stifel, Nicolaus & Co in Florham Park, New Jersey.
Goldman's shares rose more than 9 percent in late and after market trade to $152.20 on reports that the bank was close to settling and the actual announcement. The investment bank's market value had plunged by more than $25 billion since the SEC pressed charges on April 16.
The lawsuit shook Goldman's business to a much greater degree than executives at the firm had expected. Goldman executives have found themselves working harder than usual, meeting with clients and working to assure them that it is business as usual.
Major clients have generally stuck with Goldman, although some customers with large public profiles have been more cautious in working with the firm of late.
Investors and former employees have been speculating that Goldman Chief Executive Lloyd Blankfein may have taken a big enough hit to his credibility that his days at the helm of the firm are numbered.
and you stupid ass conservatives are just as gullible. you haven't figured out the game yet? an AK talks and bullshit runs
okay, how about this one: dems and reps new slogan should be CREAM
business owns them all and they own us.
don't fukkin doubt me:
WASHINGTON/NEW YORK — Goldman Sachs Group Inc agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank's clients and investors.
The U.S. Securities and Exchange Commission said the penalty was the largest ever for a financial institution, and leaves the door open for future civil suits.
But many investors viewed the $550 million settlement as just a slap on the wrist for a bank that earned more than $13 billion last year.
"They pay $550 million and they get an $800 million pop in their stock price ... they got off easy," said Kevin Caron, a market strategist at Stifel, Nicolaus & Co in Florham Park, New Jersey.
Goldman's shares rose more than 9 percent in late and after market trade to $152.20 on reports that the bank was close to settling and the actual announcement. The investment bank's market value had plunged by more than $25 billion since the SEC pressed charges on April 16.
The lawsuit shook Goldman's business to a much greater degree than executives at the firm had expected. Goldman executives have found themselves working harder than usual, meeting with clients and working to assure them that it is business as usual.
Major clients have generally stuck with Goldman, although some customers with large public profiles have been more cautious in working with the firm of late.
Investors and former employees have been speculating that Goldman Chief Executive Lloyd Blankfein may have taken a big enough hit to his credibility that his days at the helm of the firm are numbered.