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PostPosted: Mon Apr 11, 2016 6:58 pm 
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...or at least their employers.

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Goldman Sachs to pay $5bn for its role in the 2008 financial crisis
The settlement holds the bank accountable for its ‘serious misconduct’ in falsely assuring investors that securities it sold were backed by sound mortgages

http://www.theguardian.com/business/201 ... securities

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PostPosted: Mon Apr 11, 2016 7:06 pm 
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Id rather see no fines and long prison sentences for those in charge.

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PostPosted: Mon Apr 11, 2016 7:12 pm 
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no shit!

this is like the NFL paying 1bil to players with CTE

it doesnt effect them at all, and it doesnt really help the injured

whats the government going to do with that money? use it to pay off a tiny fraction of the bailout they gave the banks?

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PostPosted: Tue Apr 12, 2016 8:40 am 
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What a joke...they will get $1.50 credit for every $1 in "consumer debt relief" but Goldman is not a consumer bank or mortgage servicer--so it will be interesting to see how they manage to find mortgages to forgive.

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PostPosted: Tue Apr 12, 2016 9:52 pm 
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Jaw Breaker wrote:
What a joke...they will get $1.50 credit for every $1 in "consumer debt relief" but Goldman is not a consumer bank or mortgage servicer--so it will be interesting to see how they manage to find mortgages to forgive.


This is an ultra sham of BULLSHIT.

"Hello Goldman Sachs"

"yes, wanted to see if you guys are giving me relief on my mortgage?"

'Well, sir, let me transfer you to LLoyd Blankfein's office and he can help you"

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