Goldman Execs Sold $700M Of Stock, Most Of It During Their Bailout

Financial Times:

Executives at Goldman Sachs sold almost $700m worth of stock following the collapse of Lehman Brothers last September, according to filings with the Securities and Exchange Commission.

Most of the sales occurred during the period in which the investment bank enjoyed the support of $10bn from the troubled asset relief programme.

Read the whole story: Financial Times

Comments

[MataHari007]

It's seem this web site is having some issues. The comments server is evidently having a bad day.

[Mogamboguru]

DA NOOOOORTH KOREEEEAAAANSSSS! ;-)

[Boneszy]

And they could make even more money in Cap n Trade, I picked the wrong career!

[spinns17]

you dont have to wonder where your ira $$$ ,and the tarp funds went to anymore .

[Mr Hand]

"That loan, under the Troubled Asset Relief Programme (Tarp), has now been paid off as Goldman begins to operate free from state shackles"

http://news.bbc.co.uk/2/hi/business/8149013.stm

[MataHari007]

Thank you for the link. It is helpful.

[fallout4U]

Where are the Libs???? Where is anyone???? This is the main thread?????

[Mogamboguru]

Perhaps, your lips are on someone else's .a.s.s. right now, fallout.

But here are only intelligent people trying to communicate with each other - less you, of course.

[BlameHomer]

no, they are sleeping. government jobs have flixible schedules.

[ptarantino]

Hank Paulson got his old company $10 Billion & roughly $50 Billion from AIG. Goldman is laughing at America & Obama will never touch these guy's. He even broke his promise to us, by letting the COS of treasury be Goldman's lead LOBBYIST.

Suck on it America, Goldman owns you!

[fallout4U]

Sad, but true.

[Faraja]

Here we go again! Some people just don't want to see Goldman make blowout profits! They will report earning in two hours. President Obama and Libs will come out swinging :)

[fallout4U]

Someone is shocked by this???

This is the way of Wall Street.

[hellboundtrain]

We can hope that Obama and Holder do not agree that it is best
to squander the future of our children and their children
countless generations into the future
by prostituting our government
to the desires of the
bankster elite.

Can't we?

[Usama]

Paraphrasing Any Given Sunday: the banks are doing all of this right there 6 inches in front of your face, so what are you gonna do?

[DrOftrahDivad]

dunno what?

[Virginia Plain]

And they will continue to laugh at the American people - all the way to their bank.

[Mogamboguru]

A long time ago already, I have come to the clue, that Big Business and Big Banking are in fact euphemisms for the modern form of organized crime.

A german adage says: "The little criminal robs a bank, but the big criminal owns it." Al Capone would be proud of Wall Street today, if he could see it!

This is no case for the media any more, but for the AG.

And the Obama has been MUCH, MUCH too kind and too soft to the banksters on Wall Street in the past month. The banksters are laughing at Obama's administration all the way to - well, to the bank - and a laughing in the faces of all the millions and millions of common people out there, too, who are losing EVERYTHING actually, while the banksters are taking all the marbles UNIMPEDED.

If there was EVER proof needed that Obama IS NOT a socialist, than it's this.

[DrOftrahDivad]

right
i know
flagged
you say i am not welcome at hu-ff
yawn

[ladybastet]

Mogam *hugs* would you post something on FRT? I wanted to tell you something there

[Mogamboguru]

Sure.

[DrOftrahDivad]

did you bring something to share withthe class?

[Mogamboguru]

Done!

[Ponderus]

I'm about to go back to bed (odd hours, odd sheep) but saw you and wanted to say

XOXOXO!

Sheepy

[Ghostzapper]

Carolab I'm a Fan of Carolab I'm a fan of this user permalink
photo

Fooled again .. maybe for the last time
Reply Favorite Flag as abusive Posted 03:38 AM on 07/14/2009
________________________________________________

Don't Guess

[Carolab]

Ain't guessing. I know already.

[PhilipTaylor]

Would anyone like to be the Judge in a G0LDMAN Trial?

[Carolab]

I'm sure someone would pay me off (or off me)

[poco767c]

See Michael Clayton

[MarcusT]

There wont be one.

[underoath]

These guy's took advantage of a goverment bailout,wow what a huge suprise!

[hellboundtrain]

When Wall Street brings down the host government, both will be written in the history books.