Window Dressing at Its Finest?

[jtabeb]

Re: Window Dressing at Its Finest?

I believe that comment is close to the sentiments of Andrew Jackson. Unfortunately, Obama is no Andrew Jackson when it comes to banking and constitutional issues related to money. Obama and Jackson both feared the banking industry but for different reasons. One wanted to kick the banks out of bed and did so while the other loves to snuggle with em and get paid for it.

Yeah, I'm just pissed that I gave money to the itsha-edha's campaign and voted for him (full disclosure, I gave more to RP, but he was not on the ballot).

[jtabeb]

Re: Window Dressing at Its Finest?

I believe that comment is close to the sentiments of Andrew Jackson. Unfortunately, Obama is no Andrew Jackson when it comes to banking and constitutional issues related to money. Obama and Jackson both feared the banking industry but for different reasons. One wanted to kick the banks out of bed and did so while the other loves to snuggle with em and get paid for it.

Yeah, I'm just pissed that I gave money to the itshay-edhay's campaign and voted for him (full disclosure, I gave more to RP, but he was not on the ballot).

[Raz]

Re: Window Dressing at Its Finest?

If only half of the American people knew what WE know about the Banksters (and the Fed, Fractional Reserve banking, the TARP and the rest of the alphabet scam, etc.) these blood-sucking lowlifes would meet the same fate as Mussolini and Carla Ponti.:mad:

[*T*]

Re: Window Dressing at Its Finest?

It smells like a grand snow job to me. Everything is just peachy, eh?

Top Stories


Goldman Swings to Profit, Announces $5B Public Stock Offering to Help Pay Back TARP- AP Goldman Sachs, releasing its earnings a day ahead of schedule, has beat Wall Street's expectations. The New York-based bank earned $3.39 per share, surpassing analysts' forecast for profit of $1.64 per share for the quarter. It's another sign that banks may be turning themselves around.

Macro man points out the obvious trick:

anwhile, back in the US, Goldman recorded super earnings in the first part of the current fiscal year, announcing Q1 earnings of $3.39 per share, well above the consensus expectation of $1.64. Except that they didn't. Buried in the small print, it appears that as the Easter Bunny was delivering candy and eggs to children all over the world, he also desposited a small turd in the GS income statement. In December, which magically falls outside the aegis of any reporting period (falling through the cracks, as it were, in the transition from investment bank to bank holding company) , the firm lost $2.15 per share. Add that to the Q1 earnings figure, and you get a result that is comfortably lower than consensus.

More telling was the GS announcement of their intention to sell shares to the public. While Macro Man occasionally takes Goldman to task, he will happily concede that, individually and collectively, they are some of the smartest guys on the street. And when a smart guy offers to sell you something in an industry that has more than doubled in value over the past month....well, judge for yourself what the appropriate response is.

[Rajiv]

Re: Window Dressing at Its Finest?

The only one I gave money to was DK -- the only Democrat that did not owe to the powers that be.

the ones that do not owe the powers that be are the ones that are ridiculed in the MSM

RP
DK
RN
CM

[rjwjr]

Re: Window Dressing at Its Finest?

Macro man points out the obvious trick:

"a small turd" lol...priceless.

This whole thread is fiction, right? This can't really be happening, can it? 4.71 billion set aside for compensation and bonuses, not communicating or not including December's results...even the producers of the Twilight Zone would have rejected this script as being too unbelievable to air.

[WildspitzE]

Re: Window Dressing at Its Finest?

Macro man points out the obvious trick:

More here:

http://www.ritholtz.com/blog/2009/04...n-sachs-style/

[cjppjc]

Re: Window Dressing at Its Finest?

Yeah, I'm just pissed that I gave money to the itsha-edha's campaign and voted for him (full disclosure, I gave more to RP, but he was not on the ballot).

I gave to Dr. Paul. The only time I ever donated to a candidate. I wrote him in as well in November. I feel good about that.

[cjppjc]

Re: Window Dressing at Its Finest?

The only one I gave money to was DK -- the only Democrat that did not owe to the powers that be.

the ones that do not owe the powers that be are the ones that are ridiculed in the MSM

RP
DK
RN
CM

Who are RN & CM? Wait Ralph Nader?

[Rajiv]

Re: Window Dressing at Its Finest?

Who are RN & CM? Wait Ralph Nader?

Yes and Cynthia McKinney (Green Party)

[cjppjc]

Re: Window Dressing at Its Finest?

Yes and Cynthia McKinney (Green Party)

Don't know a thing about her. I agree Nader is his own man. But I could never vote for a man who's never experienced a car or house or wife or child.

[audrey_girl]

Re: Window Dressing at Its Finest?

More here:

http://www.ritholtz.com/blog/2009/04...n-sachs-style/

thanks much for the link

the comments there are priceless

[bpr]

Re: Window Dressing at Its Finest?

So, exactly how is it good news that they made a $5 billion profit after getting $12.1 billion just from government-owned AIG?

With this surprise announcement GS has beaten WS expectations by about $700MM and they reportedly want to pay back their $10B in TARP funds and free themselves of this government yoke. I would agree, let them go off to be the best-of-the-best entrepreneurs they see themselves as...as soon as they pay back the $13B in TARP funds they've received as a counter party to AIG.

I think they are not on the hook to pay that AIG counterparty money back... That was AIG's bailout money, which is separate from TARP. It was a grant, not a loan.

[Rajiv]

Re: Window Dressing at Its Finest?

Cynthia Mckinney

Cynthia Ann McKinney (born March 17, 1955) is a former United States Representative and was the 2008 Green Party nominee for President of the United States. McKinney served as a Democrat in the U.S. House of Representatives from 1993–2003 and 2005–2007, first representing Georgia's 11th Congressional District and then Georgia's 4th Congressional District. She is the first African-American woman to have represented Georgia in the House.^[1]


In the 1992 election, McKinney was elected in the newly re-created 11th District,^[2] and was re-elected in 1994. When her district was redrawn and renumbered due to the Supreme Court of the United States ruling in Miller v. Johnson,^[1][3][4] McKinney was easily elected from the new 4th District in the 1996 election, and was re-elected twice without substantive opposition.


McKinney was defeated by Denise Majette in the 2002 Democratic primary, in part due to Republican crossover voting in Georgia's open primary election, which permits anyone from any party to vote in any party primary,^[5] and in part due to her "controversial profile, which included a suggestion that president George W. Bush knew in advance of the September 11 attacks."^[5]


After her 2002 loss, McKinney traveled and gave speeches, and served as a Commissioner in The Citizens' Commission on 9-11. On October 26, 2004, she was among 100 prominent Americans and 40 family members of those who were killed on 9/11 who signed the 9/11 Truth Movement statement, calling for new investigations of what they perceived as unexplained aspects of the 9/11 events.^[6] McKinney was re-elected to the House in November 2004, following her successor's run for Senate. In Congress, she advocated unsealing records pertaining to the assassination of Martin Luther King, Jr., and an investigation into the murder of Tupac Shakur and continued to criticize the Bush Administration over the 9/11 attacks. She supported anti-war legislation and introduced articles of impeachment against President Bush, Vice President Dick Cheney, and Secretary of State Condoleezza Rice.


She was defeated by Hank Johnson in the 2006 Democratic primary,^[7] after finding herself in the national spotlight again over the March 29, 2006 Capitol Hill Police Incident, where she was involved in a confrontation with a Capitol Hill Police officer who did not recognize her as a member of congress. She left the Democratic Party in September 2007.^[8]

[bpr]

Re: Window Dressing at Its Finest?

Cynthia Mckinney

God Bless'er. I'm not nearly as up on the politicians that are doing good work as those who are scoundrels. Did support DK, though.

Thanks for the list, Rajiv.