reply to post by TrickoftheShade
This post made me laugh so hard my stomach hurt. Your understanding of financial crisis seems to be about as limited as your understanding of false
flag attacks. When you are the one causing the crisis, you stand to gain enormously. A beautiful example is Goldman Sachs, who's structured
products group in New York, made a profit of $4 billion by "betting" on a collapse in the sub-prime market, and shorting mortgage-related
securities. Lehman Brothers (a rival) went into bankruptcy, and led to the rushed sale of Merrill Lynch & Co. to Bank of America Corp. These banks
(who caused the crisis), gained huge, huge profits, then after the fact, they were bailed out for billions by their trusted pawns in the White
""Goldman Sachs received a $10 billion preferred stock investment from the U.S. Treasury in October 2008, as part of the Troubled Asset Relief
14+ billion dollars of declared profit (from one tiny sector of their company), at a time when most banks were going bankrupt....
"" The Primary Dealer Credit Facility (PDCF), the first Fed facility ever to provide overnight loans to investment banks, loaned Goldman Sachs a
total of $589 billion against collateral such as corporate market instruments and mortgage-backed securities. The Term Securities Lending Facility
(TSLF), which allows primary dealers to borrow liquid Treasury securities for one month in exchange for less liquid collateral, loaned Goldman Sachs a
total of $193 billion.""
They borrowed $782 billion dollars, at a time when most banks were going bankrupt....
Here is why.... :Former employees include Robert Rubin and Henry Paulson who served as United States Secretary of the Treasury under Presidents Bill
Clinton and George W. Bush, respectively, as well as Mark Carney, the governor of the Bank of Canada since 2008, Mario Draghi, governor of the
European Central Bank and Mario Monti, the Prime Minister of Italy.
Robert Rubin, Henry Paulson, Mark carney, Mario Draghi....
All the main people who were responsible for deciding who failed, and who rose to the top during the crisis, were in their pockets. They manipulated
the market from outside, and from within. Never standing to loose a penny, since they had full control over the influx of the "American" market.
While I understand you are an apologist for corrupt government, and corporate institutions, you cant honestly think this clear manipulation of
politics, and financial/economic misuse is good for the country in which you live. Most of all, you cant be ignorant enough to honestly think that
certain people don't stand to gain from this financial crisis, I would hope you aren't that dumb.