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Genius Warren Buffet loses $1-billion today after Golden Sacks indicted for fraud

POSTED BY: PIRATENEWS
UPDATED: Friday, April 16, 2010 19:42
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Friday, April 16, 2010 2:48 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!


http://barryfail.com/warren-buffett-loses-950-million-in-one-day-on-go
ldman-sec-charges-audacity-of-hypocrisy/

Warren Buffett lost $950 million in Goldman Sachs (GSI) options today as the bank’s stock tanked as a result of the SEC filing fraud charges against the firm, according to Bloomberg .Buffet’s Goldman Sachs options started the day valued at $3.01 billion, and are now floating somewhere around $2.06 billion. Its unlikely Mr. Buffet will be exercising those options today.

Didn't Dictator Barry Soetoro hire a Golden Sacker to run IRS and Treasure Dept?

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Friday, April 16, 2010 5:09 PM

SIGNYM

I believe in solving problems, not sharing them.


GOOD!

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Friday, April 16, 2010 7:42 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!


BAD:

Paulson & Co. not charged in SEC suit against Goldman
http://www.marketwatch.com/story/paulson-co-not-charged-in-sec-suit-vs
-goldman-2010-04-16

Quote:
The SEC charged Goldman /quotes/comstock/13*!gs/quotes/nls/gs (GS 161.73, +1.03, +0.64%) with securities fraud for making misleading statements and omissions to investors about a collateralized debt obligation, or CDO, known as Abacus 2007-ACI. See full story on fraud charge against Goldman.

Paulson helped Goldman structure the deal and then bet against it, making huge profits when the housing market fell in 2007. But Goldman didn't tell investors that the hedge-fund firm was involved in putting the deal together, or that it was betting against the structure.

Robert Khuzami, director of the SEC's enforcement division, said Paulson wasn't charged because it wasn't obligated to disclose conflicts to suckers, er, investors.


Former Paulson Fund Manager Paolo Pellegrini was SEC Source in Goldman Case
http://www.cnbc.com/id/36481216

Goldman Sachs Slapped With Fraud Charge
http://www.forbes.com/2010/04/16/goldman-sachs-paulson-markets-equitie
s-sec.html?boxes=financechannelforbes

Prof Texe Marrs PhD: "I'm Doing God's Work" CEO of World's Most Evil and Corrupt Bank, Goldman Sachs, Arrogantly Boasts
http://www.texemarrs.com/popcast/1310.m3u
http://www.texemarrs.com/042010/doing_gods_work.htm

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