Thursday, April 14, 2011

Senator Calls for SEC & Justice Department INVESTIGATIONS into Goldman Sachs FRAUD, and possible PERJURY in testimony before Congress. WHERE IS PRESIDENT OBAMA, why are his DoJ & SEC _AWOL_ - absent, derelict in their duties?!

President Obama, YOUR ADMINISTRATION, is  SYNONYMOUS, with Goldman Sachs & JP Morgan FRAUD.... 
  Your Securities & Exchange Chair,  Mary Schapiro, should be IMPEACHED, if not INDICTED, for  EXTREME CORRUPTION,   Dereliction of Duty to uphold her oath of office to "defend the laws of the United States" regarding America's CRITICAL financial markets and trade exchanges.   Attorney General Eric Holder, and (former Goldman Sachs partner) CFTC Chairman Gary Gensler - are no better.

___ A Senate Committee finds that Goldman Sachs LIED to Clients - AND CONGRESS whle under oath  - about betting AGAINST 'securities' it sold to its clients, which is FRAUDULENTLY touted as "grade-A" - and the 'Justice' Department PRETENDS NOT TO NOTICE. ___

  WHERE IS OBAMA's 'Justice' Department and SEC?

 They are perpetrating FRAUD on the American people - getting paid to NOT do their jobs... fraud WORSE than Golddamn-Sachs  perpetrated on its clients!

Goldman Sachs Misled Congress [LIED TO CONGRESS] After Duping Clients,
Senator Levin Says 
Bloomberg,  Wednesday, April 13, 2011
April 14 (Bloomberg) -- Goldman Sachs Group Inc. misled clients and Congress about the firm's bets on securities tied to the housing market, the chairman of the U.S. Senate panel that investigated the causes of the financial crisis said.
Senator Carl Levin, releasing the findings of a two-year inquiry yesterday, said he wants the Justice Department and the Securities and Exchange Commission to examine whether Goldman Sachs violated the law by misleading clients who bought the complex securities known as collateralized debt obligations without knowing the firm would benefit if they fell in value.
The Michigan Democrat also said federal prosecutors should review whether to bring perjury charges against Goldman Sachs Chief Executive Officer Lloyd Blankfein and other current and former employees who testified in Congress last year. Levin said they denied under oath that Goldman Sachs took a financial position against the mortgage market solely for its own profit, statements the senator said were untrue....

The above new Senate Committee bombshell, follows a virtual TSUNAMI of SIMILAR stories of economy-gutting levels of FRAUD in America's critical financial markets, including this January 2011 story, 
E-mails Suggest Bear Stearns Cheated Clients Out of Billions
By financial reporter  Teri Buhl of  The Atlantic magazine, which found that a
"Lawsuit alleges the bank took extreme measures to defraud investors, and now JPMorgan may be on the hook"

 ...again, as always, the most important factor is that the ADMINISTRATION of President Barack Obama PRETENDS NOT TO NOTICE  TITANIC FRAUD in America's critical financial markets -   Mr. Obama's subservience to his bankers is beyond caricature, it is purely grotesque and malignant.