Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

laserhaas

(7,805 posts)
Mon Jul 29, 2013, 04:03 PM Jul 2013

Romney Didn't Say That 47% Thingy, Goldman Sachs Didn't Do That Fraud Thingy: eToy'ing Around




The Feds can do a RICO seizure of Bain Capital and its eToys holdings
(if someone would get their head out of their ass over there - and Do Their Job!).

-- The New York Supreme Court is about to rule on eToys (renamed ebc1) v Goldman Sachs (more on this below).

Over at the orange realm today, there's a tidbit that Mitt Romney claims he didn't say that - concerning his remark about the 47% of America suckling from the government's tit. ( Pleaseee DailyKos Diary from the Jed Report's Jed Lewison titled "Mitt Romney on his 47 percent comment 'Actually, I didn't say that'&quot .

The fact of the matter is - Mitt DO'd it - and here's the video proof
[br]

[br][hr][br]

Mitt RMoney - the Pathological Liar

What this activist (yours truly being Mitt Romney's very own personal adversary) is waiting upon, is for Mitt to claim that he "Actually didn't write that" - concerning his Federal Election Campaign Finance OGE 278 Form, where the "customizing" of the form states in bogus aplomb that;

Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.

It is now known that the remark that Romney had nothing to do with Bain Capital after February 11, 1999 is an erroneous contention. Thus his campaign did effort to compensate by stating that - Romney was "retroactively" retired from August 2001; back to February 11, 1999.

Capone couldn't "retroactively" retire from organized crime!
----------------------------------------------------- Neither should they permit Pitten's to do so!
[br][hr][br]

New York Times article on Goldman Sachs I.P.O. Fraud of eToys in 1999

In March 2013 Fire Dog Lake has a Diary directly related to this saga,
Titled - - - Mistakenly Released Documents Reveal Goldman Sachs Screwed IPO Clients

Much banter (most correctly) - stipulates therein the FireDogLake comments that Goldman Sachs did a big No NO in our eToys case! - The fact of the matter is, no one appears to know the half of it all. Bain Capital and Goldman Sachs partnered up with each other in a massive crime spree; which I've been trying to get investigate/ arrested and prosecuted for 12 years now (see PoliticusUSA.com story "Meet the Man Battling Romney for 12 years".

- - However, the follow up comments reveal the fact that the public has been kept greatly in the dark about the true issues at hand. Such as the remarks by this FDL commentor that;

eToys later went out of business partly due to lacking capital that it could have raised in a more honest IPO

Goldman is still the villian here, but eToys and the tech bubble in general contributed to the demise of eToys as well. First of all, they spent way, way too much on advertising that didn’t have a payoff (remember pets.com?). eToys also spent much of its resources on unplanned expenses such as hacking prevention, and they paid big fines to the FTC when their delivery system couldn’t keep up with demand (as was true with many other start-ups in 1999/2000). This last issue really hurt the e-commerce sector in general, and it took years to regain people’s trust and rebuild the business model.

eToys filed for bankruptcy in 2001 and was bought out by KBKids.com. When KBKids itself went bankrupt a few years later, it had more to do with bad management, bad strategic decisions and a toxic company culture that discouraged communication between employees and punished anyone who raised issues, no matter how valid. As a result, the company wasted huge amounts of money and resources and eventually just fell apart. Shocker, the CEO was a Bain guy – a cold, humorless, myopic jerk who micromanaged pennies on spreadsheets but threw away millions on bad ideas.


- - First of all - eToys has NOT "demised"
--------------- it is still very much around (Bain Capital owns Toys R Us; which owns eToys)

PLUS - I've got a secret - eToys has been in bankruptcy several times and it was NEVER (really) Bankrupt!

[br][hr][br]

Add Wall Street Journal story - to Rolling Stone cover story and New York Times article

---------- and you still ONLY have a small part of the BIG story

- - -Though these various news stories, blogs, webs and such are reporting on "some" of the bad faith issues. Apparently they are not "getting it" about all of the "REAL" dynamics going on herein. As an example the story that FDL is quoting is the New York Times article "Rigging the I.P.O. Game"

We are all aware the media is rigged; but you have to ask the question that begs - WHY?

- - - The Wall Street Journal did the July 25, 2005 story "eToys Investors Finds Conflict at Law Firm"

and Rolling Stone did the September 2012 cover story "Greed & Debt A True Story About Mitt Romney and Bain Capital"

with the New York Times doing the "Rigging the I.P.O. Game"story

- - Combine all of those facts with the issue of the Minnesota Federal Receiver pointing out that Paul Traub was controller of Petters Ponzi (and Traub is the guy referenced in the Wall Street Journal eToys story). With the additional condemnation that Paul Traub (secret attorney for Mitt Romney/ Bain Capital) was also a partner of fraudster Marc Dreier (see Law360.com Story - here ).

You have ALLof this overwhelming, profuse and irrefutable evidence (even Paul Traub's confessions in the public docket record) and yet no publication, news show, radio show (and not even the Producer of Ed Schultz Show that we talked to often) - has had the common sense to realize how big this story is.

There's a Prize Award Begging to be Received - if someone (like Matt Taibbi) - would tell the WHOLE story.

[br][hr][br]

NY Supreme Court of Appeals Ruling in eToys (ebc1) v Goldman Sachs - Imminent!

- - During all of these stories coming out (while Mitt Romney was running for POTUS), the NY Sup Ct of App did RE-Open the eToys case (see Law360.com story - here ). On May 29, 2013, a hearing transpired at the New York Supreme Court of Appeals (see Court docket PDF - here ). We are waiting for the court's Ruling (any week now).

Will the Court Rule it Can't see what Romney and Goldman Sachs say they didn't do; because they are too big to jail? Even though United States Attorney General Eric Holder is now on the record correcting himself stating;

I meant to say No One's too big to jail ( see Holders remarks Too Big To Jail - here and his retraction and stating NO ONE Too Big to Jail here ) and that it was seconded by NY USA Attorney remarks - here.

--- In the New York Supreme Court case of eToys (renamed ebc1 when Bain Capital "stole" the public company/ federal bankruptcy estate assets) - suing Goldman Sachs for the massive frauds (case number NY Sup. Ct 601805/2002) - it is now a confessed fact that MNAT (Goldman Sachs secret law firm in Delaware) has confessed to lying under oath and hiding the conflict of interest issue that Morris Nichols Arsht and Tunnell "MNAT" - lied to become eToys attorney. Then asked for and received permission to destroy Books & Records (while benefiting from the Perjury).

THUS

-- Goldman Sachs is suing Goldman Sachs in the NY Supreme Court!

------------------------------------How can Goldman Sachs both WIN and Lose at the same time?

Wonder what the N.Y. Supreme Court Ruling will say.....

------------------------------------ Not to fret none, Romney didn't say or do it and Goldman Sachs just screwed it![br]

Latest Discussions»General Discussion»Romney Didn't Say That 47...