Goldman Sachs Execs Blame Anti-Semitism For Backlash: Charlie Gasparino

The Daily Beast:

People inside Goldman tell me that some senior executives say they believe the onslaught of negative stories detailing Goldman's manifold ties to upper levels of government, charges that it somehow fraudulently profited from the subprime crisis, and now the press about the firm's record earnings is so out of proportion to reality that the coverage contains an element of anti-Semitisim--

Read the whole story: The Daily Beast

Comments

[jonmonbuckeye]

These guys need to be very careful in how they tread on this subject. All they are really doing is playing into the hands of the right wing fringe groups who like to spread certain lies about the Jewish religion and banking. Don't play into this trap.

[totaldisbelief]

How sad to resort to the old saw of Anti-Semitism....how thin, how trite, how shallow, how very sad....is that excuse the last resort of scoundrels?

[Tulka2]

"We are the true patriots" works in most situations. Hard to use it in this circumstance, eh?

[dadw5boys]

Between 2001 and September 2008 exactly how many acts of Fraud did ot take to rack up $271 Trillion Dollars in bad AAA Investments ?
300,0000
500.000

Homes were over valued by 32 % in the average Sub Prime Loan. Some Homes were never even built.

Commiting the same FELONY- 3 times is consider running a criminal enterprize !
So every Property Appraiser that was paid to over value homes by the Sub Prime Lender, The lender and the underwriters are all guilty of breaking the RICO ACT !!!!

How many years in Prison come will breaking the RICO Act 300,000 times ?

Good thing the Republicans suspended enforcement of the RICO Act in 2002 right ?

[Fabini]

Gonif, shmegegge momzer nebbish pisher, meshuggina, oy gavalt.

As best I can tell, that's what my grandmother said.

[PhilipTaylor]

“We are in the Midst of what will turn out to be by future economic historians to have been an epic moment, namely the most MASSIVE transfer of liabilities (DEBTS) from the private sector (Banking and Corporations) to the public sector (Government and the People) that the world has ever seen. And I think that is going to be a painful and relatively slow process..(taking many years),” said Wall Street EXPERT Wilbur Ross.

Wall Street Skimmed off $TRILLIONS in FAKE WEALTH into EMPLOYEE POCKETS and NOW THEY WANT THE RESULTING DEBT FROM THAT SKIMMING TO BE PAID FOR BY THE AMERICAN PEOPLE AND THE GOVERNMENT OF AMERICA!

ZERO effort to get the L00T BACK from the WEALTHY CR00KS on Wall Street!

http://www.cnbc.com/id/15840232?video=1174574949&play=1

Skip to 2/3rds of the way to 7:58 through the video!

[PhilipTaylor]

PROFIT SKIMMING, GREED, LY1ING, STEALING, L00TING, AUTOMATED SCAMS: Wall Street says, “These are a FEW of My FAVORITE THINGS!”

Geithner said WallStreet will not return to old habits using financial regulations which are NON-EXISTENT after 8 Months!

But WallSt is returning to business as usual with NOTHING CHANGED! The FED as regulator is a JOKE, Right?

Big banks like G0LDMAN have increased their leverage now and their PhDs have developed NEW Automated Interception STEALING MACHINES that illegally take L00T every nanosecond!

Wall Street received $23.7Trillion to "help reduce the Foreclosure Problem" - as Sold by Bush, 0bama+McC@!n+Bush+P@u1son in September 2008!

That is, $237,000 taken from every American family and Given to WallSt!

FED bought the JUNK Toxic Derivatives on their balance sheets! Competition for G0LDMAN+JPM has been successfully removed so they can CHEAT EVEN MORE!

Banks resume Paying EMPLOYEE Massive INCOMES! Wells increased base salaries to get around government rules capping bonuses. Massive INCOMES steal PROFITS from shareholders+Banks left vulnerable for next downturn!

Wall Street can raise money/equity/borrow easily at lower rates, BUT MAIN STREET SINKS from NEGLECT.

Where is Foreclosure Help 0bama Promised September 2008+again January 2009?

Record FAKE Government FUNDED PROFITS give impression all is well yet hidden “Off-Balance-Sheet” according to 0ffice of Comptroller of Currency, 0CC, quarterly Report:

1 JPM0RGAN $81TRILLION in Toxic Derivatives
2 BofA $78TRILLION
3 G0LDMAN $48TRILLION
4 M0RGAN $39TRILLION
5 C1T1GROUP $32TRILLION

http://www.occ.gov/ftp/release/2009-72a.pdf
Page23!

[US1st2009]

Just another example of the banksters, having treasonously raped and pillaged the American public, have no depth they will not sink to in a pathetically transparent attempt to shift blame to anyone or anywhere they can while they skip away with sachs of taxpayer gold, lighting their cigars with thousand dollar bills, and having to issue memos to their rapacious legions and WIVES to tone down the ostentatious exhibitions of unfathomable wealth, gluttony, and aristocracy, while those they scammed suffer the greatest financial crisis since the depression. WE MUST DEMAND JUSTICE!

banksters caused the crisis, pocketed the profits for decades by creating nothing but worthless paper and computer modeled mathematical subterfuge, and then got bailouts to SOCIALIZE their losses so we and our great-grandchildren are stuck with the losses. The banksters are now being brought in as "oracles" in the highest government economic decision making positions and as the private investment "saviors" being begged by our government to buy up the toxic assets THEY CREATED for pennies on the dollar because they are the only ones left with investment capital. The banksters will then, of course, "financially engineer" many more profit taking, loss Socializing, angles with federal government, aka taxpayer, guarantees against any and all losses.

We must put these FINANCIAL TERRORISTS in JAIL next to their buddy madoff and C L A W B A C K! Otherwise it will all just happen again, and again... If we do not DEMAND Justice we are to blame!

[PhilipTaylor]

Another G0LDMAN TRICK!

Such BS!

[SheamusK]

The Execs at Goldman really need to stop drinking their own bath water.

They, other banks and insurance companies, were and still are at the heart of a fraudulent scheme to package worthless, or, at least, very risky assets sold throughout the world as 1st quality investments on the premise that the statisical probabilty of failure was so low as to be non-existent.

Well, they lied, and they cheated.

Instead of being the upstanding risk taking capitialists, entrepreneurs they claimed to be, they went to the US gov't and demanded/got a huge bail-out . Then these arrogant twits paid each other millions (nay, bilions) in bonuses for bankrupting the country -- because of their employment contracts. Well -- like most Americans I say if your contract violates the general common good -- it should not have the force of law behind it.

That is the reason Goldman Sachs, its executives and the executives of all the other banks held in contempt, distain and perhaps hatred by the American populous. They are so disconnected from reality that the only comparison I can think of is that of the Russian nobility just prior to the Russian Revolution.

Absolutely sel-centered arrogant idiots.

[quiviran]

Or it could be that outrageous profits, insane compensation and excessive influence on the government are a problem for the average American. Who knew?

[Tulka2]

There's a common Yiddish saying that most Jews know very well because their grandparents used to say it to them. It translates to, "Don't shame us in front of the goyum." (goyum= non-Jews)

If a people want to be proud of their heritage, they need to live up to it.

[MrsPeel]

Not meaning to be picky, but isn't the word 'goyim'?

[sfsoma]

If true, this is truly preposterous and insulting to the American People. Really shows the lengths these unethical people will go to to defend their reputations. Disgusting.

[JBS]

Of course it could never be possible that people are just p*ssed off by the greed and unethical behavior of Goldman Sachs executives.

But, since it's been brought up, how do Goldman Sachs executives square their behavior with the proscriptions in Nehemiah 5 and Ezekiel 18?

[dennisrs]

Aren't these the people who will be managing Cap & Trade?

[hellboundtrain]

They are the people that will be wanting your body parts
as they age.

[blueskybigstar]

People should be more responsible by the way they act. People should ask themselves whether their behavior is enforcing negative stereotypes. If it is, then you are probably doing something wrong. Incorrigible behavior by anyone is bad. Playing this card after you have done so much wrong just enforces the stereotypes even more. What do you expect from crooks of any background, but to try to lay blame on others for their wrongdoing?

[US1st2009]

as a critical pin-hole view into the world of NY finance manipulating our congress, administration, tax dollars and economy to their personal benefit read the 4/26/09 NY Times article "Geithner, Member and Overseer of Finance Club" By JO BECKER and GRETCHEN MORGENSON and the accompanying graphic "Mr. Geithner’s World."

http://www.nytimes.com/2009/04/27/business/27geithner.html?_r=1&em=&pagewanted=all

it's about time we all face up to facts and quit being cowed sheep. this is OUR country and OUR tax dollars being stolen in the greatest redistribution of wealth in history; UPWARD to the wealthiest few.

[TrooAmerican]

No no no... thats not true, its called "Anti Scumbaggery" I made that word up.