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Hank Paulson Tipped Off The Goldman-Led "Plunge Protection Team" About Fannie Bankruptcy 7 Weeks In

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dd2003 Donating Member (198 posts) Send PM | Profile | Ignore Tue Nov-29-11 10:35 AM
Original message
Hank Paulson Tipped Off The Goldman-Led "Plunge Protection Team" About Fannie Bankruptcy 7 Weeks In
Today, BusinessWeek's Michael Serrill and Jonathan Neumann have released a blockbuster report based on a FOIA response by the Treasury, which proves that in America rules are only for little people, that this country has been a banana republic for years, that Animal Farm was spot on, and gives excruciating detail of how Hank Paulson tipped off a select group of Goldman diaspora hedge fund managers about the eventual failure of Fannie and Freddie 7 weeks ahead of this information becoming public knowledge.

Read the whole article here: http://www.zerohedge.com/news/hank-paulson-tipped-goldman-led-plunge-protection-team-about-fannie-bankruptcy-7-weeks-advance

An unbelievable read....Time for some jail time
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montanacowboy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 10:40 AM
Response to Original message
1. So What?
only the little people go to jail

War criminals walk free, Wall street scum of the lowest denominator rake in millions, crooked CEO's and Banks steal us blind, give our money to overseas banks even without the knowledge or approval of Congress; insider trading abounds in our elected offices and everyone lies and lies and lies and lies

and NOTHING ever happens

the time will come when just standing on the corner protesting won't be enough
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Huey P. Long Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 10:44 AM
Response to Reply #1
2. Hell, there are, at this moment, even now, people who will deny any of this is going on.
More pain ahead, and soon.
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 10:44 AM
Response to Reply #1
3. This x 1000.
nt
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 09:52 PM
Response to Original message
4. Should not be a problem unless those tipped off by the tippee traded based on this information, such
as selling the stock short. But if anyone traded based on information they had been tipped off about, that should be a big problem and if it's not, then why not just shut the SEC down? :patriot:
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