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> Jamie Dimon, or Lloyd Blankfeind (both who's organizations have since become favourable to Bitcoin mind you) get to walk free and still do speaking engagement
by t6jvcereio 4y ago
> Jamie Dimon, or Lloyd Blankfeind (both who's organizations have since become favourable to Bitcoin mind you) get to walk free and still do speaking engagements
Are you insinuating that those people also committed securities fraud? That's a very serious accusation, do you have any evidence?
- Melting_Harps 4y ago> insinuating... The mere fact that their entire business model was optimized on profiteering from CDS of subprime mortgages, which crashed and took out the entire Global Market and required a bail out is all that you need to know; hell, GS has been buying up risky Russian debt since the invasion in an attempt to make a profit which Russia has now defaulted on. These people never learn! They've legitimized their crime under the pre-tense of 'too big to fail,' as for evidence have fun: https://www.dividend.com/dividend-education/a-brief-history-of-jp-morgans-massive-fines-jpm/ https://www.dividend.com/dividend-education/a-brief-history-... https://violationtracker.goodjobsfirst.org/parent/goldman-sachs https://violationtracker.goodjobsfirst.org/parent/goldman-sa... And the one most recent 'biggest fine in Wall Street History' award goes to GS for 1MDB scam: https://www.wsws.org/en/articles/2020/10/23/gold-o23.html https://www.wsws.org/en/articles/2020/10/23/gold-o23.html Assuming you are not being facetious, you have to be living under a rock to think these things are not cleared by either CEOs. > The DoJ said Goldman had played a “central role” in the looting of 1MDB and should have detected warning signs. The acting head of the DoJ’s criminal division, Brian Rabbitt, said: “Personnel at the bank allowed this scheme to proceed by overlooking or ignoring a number of clear red flags.” >The attempts to claim that one of the largest corruption operations in history was a matter of oversight simply does not pass muster. In court yesterday, Karen Seymour, Goldman’s senior counsel, admitted its Malaysian subsidiary had paid bribes “in order to obtain and retain business for Goldman Sachs.” And the cherry on top: > Besides avoiding prosecution, Goldman will also escape the appointment of a government monitor to oversee its compliance department which had earlier been put forward by officials involved in pursuing the case.