General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMatt Taibbi thinks Goldman Sachs is in deep doo doo
Link to tweet
In Rolling Stone's new article, - titled -
.
Matt Taibbi says -
A pioneering twist on third-world corruption might be the biggest scandal the Vampire Squid has ever faced
Goldman Sachs, which has survived and thrived despite countless scandals over the years, may have finally stepped in a pile of trouble too deep to escape.
Theres even a Donald Trump angle to this latest great financial mess, but the outlines of that subplot in a case that has countless remains vague. The bank itself is in the most immediate danger.
The companys stock rallied Thursday to close at 165, stopping a five-day slide in which the firm lost almost 12 percent of its market value. The company is down 35 percent for the year, most of that coming in the past three months as Goldman has been battered by headlines about the infamous 1MDB scandal.
Link to the entire Rolling Stone story
https://www.rollingstone.com/politics/politics-news/1mdb_malaysia-goldman-sachs-criminal-charges-772795/
10 votes, 0 passes | Time left: Unlimited | |
Matt Taibbi is one of the bravest journalists | |
9 (90%) |
|
There are Wall Street stories even Taibbi is afraid of | |
0 (0%) |
|
Who cares | |
0 (0%) |
|
Laser and Taibbi are at odds with each other | |
1 (10%) |
|
0 DU members did not wish to select any of the options provided. | |
Show usernames
Disclaimer: This is an Internet poll |
laserhaas
(7,805 posts)has been wasting his talent.
Matt and I have been pissing at each other, for years; but I still have hope you will claim his Pulitzer, via our etoys/ Toys R Us story..
I'm the prompting source of his September 2012 Rolliing Stone cover story
"Greed and Debt: True Story About Mitt Romney & Bain"
laserhaas
(7,805 posts)Laser I'm running late -- will have to call later, probably closer to 4 your time (have a meeting).
--- On Thu, 8/16/12, Laser Haas <laser.haas@yahoo.com> wrote:
From: Laser Haas <laser.haas@yahoo.com>
Subject: Re: evidence
To: "Matt Taibbi"
Date: Thursday, August 16, 2012, 2:52 PM
I'm on west coast - so ANY time
323 921 9022
Sincerely
Laser Haas
Justice is due diligence
From: Matt Taibbi
To: Laser Haas <laser.haas@yahoo.com>
Sent: Thursday, August 16, 2012 11:27 AM
Subject: Re: evidence
Laser--
Let's talk by phone later today. I'm interested.
Would 430 work for you? Can you send me a number
demmiblue
(36,855 posts)laserhaas
(7,805 posts)laserhaas
(7,805 posts)Taibbi is the best we have; but he doesn't control the presses at Rolling Stone (especially since they got new owners)
When WaPo tried to smear Matt, my very first instinct was to try to comfort him (I know what its like for people with no skin in the game - taking delight - in trying to bring you down)
IMO Trump had a hand in WaPo's hit job. So I tried to console Matt; and this was Taibbi's very gracious response. - to one who argued with him - a lot....
Thanks, Laser. I know I havent always been patient with you.
I hope you understand that I try to do the best I can and if I miss something, like in your case, its almost always a combination of a time crunch and overwork. I dont have a secretary or a producer. Its just me.
So I get frustrated and I apologize.
Volaris
(10,271 posts)To play 'trustbuster' for these damn banks.
We suppose they globalize to advance our national economic influence...what they're really doing is wrecking our capacity to do that at the expense of their own enrichment.
I'm not a xenophobe, by any measure. But if they're not helping, they're hurting and they should be PUNISHED for that.
Decisivley.
laserhaas
(7,805 posts)Twenty years ago, Goldman Sachs aided Willard Mitt Romney, Bain Capital & Thomas Lee Partners to invest to be atop The Learning Company; which the MNAT law firm help merge with Mattel, Inc.
Resultantly, Mattel instantly lost $4 billion.
Around the same time, Goldman Sachs took our eToys company public, for $85 Per share; but Sachs only allowed eToys less than $20 per share.
Meanwhile, Sachs & Mitt also benefit from "Bankruptcy Ring" racketeering; which resulted in eToys shareholder Robert Alber shooting killing assassin Michael Sesseyoff and Alber waking up DEAD. And Marty Lackner (brother of Minn federal prosecutor James Lackner) wakes up DEAD. And John (Jack) Wheeler DEAD - in a dump.
Paul Traub, Michael Glazer, Barry Gold and. MNAT all confess some bad faith law breaking; but Delaware prosecutor Colm Connolly refuses to investigate or prosecute 200 felony Perjury, Collusion, Grand Larceny, Retaliations, Bribery, and worse.
What Colm Connolly failed to mention, before he became a Trump era Judge, is that Colm was a partner of MNAT.
As directly linked to this is Sullivan & Cromwell, who defended Goldman Sachs, when I sued Sachs as the Court approved CEO of eToys.
Jay Clayton was a partner of Cromwell, Jay's wife was a partner of Goldman Sachs merger & acquisitions division; and Clayton has declined to transfer our etoys case.
I sued Trump to block Jay Clayton and Colm Connolly.
Link to tweet
.