goldman - where's the outrage?

i had planned to write a post on AIG counterparties but then i found this article which is short but articulate

It's not the bonuses. It's that AIG's counterparties are getting paid back in full.

in 20 years, when they write the history of the "bailout", the AIG part will go down as the largest theft in human history.

further thefts the government has helped perpetuate include the no bid contracts in Iraq. this is not partisan. all sides are stealing from taxpayers and giving to their friends. with one hand, Obama is trying to cancel the no bid contracts in Iraq, with the other he is giving money to banks and failing industries.

the AIG thievery is appalling. so was Hank Paulson's institution of the "no short rule". while mere mortals like you and me could not sell short companies like Goldman Sachs, existing owners of the shares could sell with impunity. this effectively let owners of Goldman shares (and other financial institutions) cash out before the free markets were able to really put a price on the shares. and who were the big owners (and therefore sellers) of those shares? why, it was Goldman employees! (Hank Paulson, before enabling his friends to steal taxpayer money was CEO of Goldman Sachs).

there is so much nastiness going on in the financial world, but one company keeps showing up. it's goldman sachs. perhaps they never get busted for their thievery, but hopefully we will get justice, in this world or the next. probably will have to wait for the next since goldman seems all powerful.

for example, goldman can even bully around the new york times

NY times in a long line of people who refuse to tell Blankfein and Co where they can shove it

not only is goldman screwing over the US taxpayers directly, but they also have no problems hammering their own investors. while we were forbidden from short selling their stock, they were busy donkey punching their own customers

Goldman Targeted by Investor Complaints of Naked Short-Selling

instead of investigating the $165 million in bonuses paid at AIG, i would rather the senate investigate the $10 billion that went to goldman at the same moment they paid out $11.4 billion in bonuses. that is absolutely egregious. it's 100x the bonus pool at AIG. where's the outrage?

Goldman Crimes