We Don't Care. We Don't Have To Care. We're Goldman Sachs.

Goldman Sachs has openly, blatantly gone back to business as usual, knowing they will be bailed out by taxpayers if their high rolling gambles don't work, and they don't care who knows about it.

The reason they can be so breathtakingly arrogant, so stunningly cavalier about not giving a damn about things that any other company's PR and government relations department would advise them against, is that they know they have the power to do anything they want to do. The Obama White House needs to take Goldman Sachs to the woodshed rhetorically, and they should have the Justice Department investigating them for anti-trust violations and all manner of stock manipulation. It is time to start squeezing the management at Goldman, and making them nervous about being broken up into pieces that are not too big to fail.

Here's (with brief intro) Matt Taibbi, Rob Johnson, and myself taking about Goldman Sachs on what is rapidly becoming my favorite media program for discussing economic issues, GRITtv:

Comments

[SILVANUS]

These Goldman-Sachs thieves have been at it a long, long time and have tentacles everywhere. They don't care if they bring America down.

[getsmart85]

-Ban lobbyists
-Reform political contribution laws
-Tax revenue and profit attributed to speculation/trading
-Govt invests in non service oriented business that are sustainable
-Continue to undress Goldman
-Break-up the top financial institutions
-Tax excessive compensation at financial institutions

[KarenHurtz]

Here! Here!

[cmugs]

agreed.

[RevBookburn]

These criminals deserve prison more than any other. It is truly sick that they will repeat their patterns until people stop them. The gloves should come off. Rev. Bookburn - Radio Volta

[JBS]

We need to start looking into putting these guys in prison and forcing criminal forfeiture of their fraudulently obtained assets.

[northstar11]

is there anything going in with lehman shareholders by way of legal action against paulso/goldman???

[RealityReallyBites]

Goldman Sach's is nothing but a tribe of huns raping and pillaging the world.
Their instant trading software is admitted by them to manipulate the market and yet no one is investigating their very obvious flagrant disregard for all laws.

These vampires are so arrogant as to think the laws of the USA don't apply to them.

Close the criminals down and imprision them all.

[peterg76]

They've "gone back to business as usual"? You mean they actually stopped at some point?

[northstar11]

goldman came close to going under-----what would have been the consequences if they did.???

anyone have the details??

[mikekc]

I can't wait for Michael Moore's movie. I bet he is going to be all over GS with factoids and footage that will make them the face of the "free markets when I am doing good, bailouts when I am hurting" Wall Street ethos. What cowardly nothings these GS people are. We saw what they are made of last fall when they went running to Daddy when things got ugly.

[WIpatriot]

GS doesn't go running...­they pull strings and push buttons to get what they want.

[dhfsfc]

If you've ever met any Goldman Sachs partners, you know that Mr. Lux speaks the truth.

Arrogance, personified.

[SwampeastMike]

A soulless company that is designed to identify and take financial advantage of the least inkling of soulful behavior. Financial profit by any means possible is the rule with human suffering on any scale considered both inconsequential and a means for further profit.

Anyone with the least bit of conscience need not apply...

[drymartini1]

Jesus, is that you ?

[WorkingClass]

We can do anything we want because the Fed and the United States Treasury say so. We own your @$$ and there is nothing you can do about it.

They will squeal like little piggies and beg for mercy when the American freedom fighters pull them from their bunkers.

[Ben6768]

With a flamethrower ! now !

[ejhickey]

However, since the Fed and the Treasury are under the control of Goldman. nothing will be done?

[dobberdoss]

Yes, audit the FED is a good idea. GS need to be shown they are not "too big to fail"! No company is. If our so-called elected representatives cannot control these guys then you have to ask, what use is "government" if they control nothing.

[anothervoice2]

Why the Obama Admin is letting GS get back to the same old is difficult to understand. WS needs to be regulated, some of this greedy short sighted behavior curbed and no firm can be too big to fail again. Obama risks the economic crisis being called the Obama recession if a repeat of the same behavior by GS & other WS firms causes another crisis.

[PrometheanSalvation]

the leaders of Goldman and other finacial institutions won't be satisfied until the people rise up French revolution style and eliminate the new feudal model

[Chernynkaya]

I will be sharpening my pitchfork as soon as I log off.