Updated List Of Everyone Jailed From Goldman Sachs
It's a very long list so give the page a second to load. We have checked and double-checked. Above is the complete list of names.
Did we mention that the $5 billiion fine is tax deductible:
The firm will pay New York State $190 million in cash and take $480 million worth of consumer relief actions for New York residents. The remaining $1.3 billion in consumer relief will be spread around other agencies and consumers that brought similar allegations. But the way such settlements are structured means Goldman will not pay the full $5 billion price tag touted by Schneiderman. The so-called “vampire squid” of the banking industry will be able to write off $1.8 billion worth of consumer relief actions that Goldman must take under the settlement.
Here's the complete story on today's settlement.
Apr 11, 2016 at 7:22 PM
Reader Comments (9)
http://thinkprogress.org/economy/2016/04/11/3768216/goldman-sachs-schneiderman-fine-print/
http://www.activistpost.com/2016/04/court-rules-police-can-legally-make-up-lies-to-pull-people-over-to-fish-for-criminal-behavior.html
http://www.telegraph.co.uk/news/2016/04/11/david-cameron-says-wealth-is-not-a-dirty-word-following-tax-row/
http://www.breakingviews.com/wall-street-fingerprints-are-all-over-1mdb-scandal/21242732.article
IMF says 'very real' Brexit risk could deal blow to world economy
http://uk.reuters.com/article/uk-britain-eu-imf-idUKKCN0X91EE?utm_source=twitter
Britain could deal a damaging blow to the fragile global economy if it votes to leave the European Union, the International Monetary Fund said in the sharpest warning yet from a global body about the risks associated with Brexit.
The IMF listed Britain's June 23 referendum on EU membership as a key risk, along with instability in China and other emerging markets, volatile share prices and a loss of long-term growth potential in advanced economies.
"The planned June referendum ... has already created uncertainty for investors," the Fund's chief economist, Maurice Obstfeld, said as the IMF published a half-yearly assessment of the world economy on Tuesday.
"A Brexit could do severe regional and global damage by disrupting established trading relationships."
Europe's refugee crisis and attacks by Islamist militants had resulted in a "rising tide of inward-looking nationalism", Obstfeld said. "One manifestation of increased nationalism is the very real possibility that the United Kingdom exits the European Union."
The Fund also cut its 2016 growth forecast for Britain to 1.9 percent from 2.2 percent, the sharpest downgrade for any major advanced economy other than Japan.
Britain's economy grew by 2.3 percent in 2015 and government forecasters say it will slow this year and in subsequent years.
'CLEAR WARNING'
British finance minister George Osborne, who has a warm relationship with IMF Managing Director Christine Lagarde, said the Fund's comments reinforced the case for staying.
"The IMF has given us the clearest independent warning of the taste of bad things to come if we leave the EU," he said.
======
This is reminiscent of Hank Paulson's "tanks in the streets" comment. I have no love for the IMF either.
http://www.reuters.com/article/us-ledzeppelin-stairwaytoheaven-idUSKCN0X82GM
And here I was thinking Goldman indictments were long overdue.