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Forum Post: By Chris Hedges

Posted 12 years ago on Nov. 7, 2011, 7:47 a.m. EST by BradB (2693) from Washington, DC
This content is user submitted and not an official statement

By Chris Hedges

Chris Hedges made this statement in New York City’s Zuccotti Park on Thursday morning during the People’s Hearing on Goldman Sachs, which he chaired with Dr. Cornel West. The activist and Truthdig columnist then joined a march of several hundred protesters to the nearby corporate headquarters of Goldman Sachs, where he was arrested with 16 others. November 04 2011 "TruthDig" -- Goldman Sachs, which received more subsidies and bailout-related funds than any other investment bank because the Federal Reserve permitted it to become a bank holding company under its “emergency situation,” has used billions in taxpayer money to enrich itself and reward its top executives. It handed its senior employees a staggering $18 billion in 2009, $16 billion in 2010 and $10 billion in 2011 in mega-bonuses. This massive transfer of wealth upwards by the Bush and Obama administrations, now estimated at $13 trillion to $14 trillion, went into the pockets of those who carried out fraud and criminal activity rather than the victims who lost their jobs, their savings and often their homes.

more... http://www.informationclearinghouse.info/article29610.htm

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[-] 1 points by stevemiller (1062) 12 years ago

Corzine/MF Global ripped off customer funds. II

read more -- http://overthecoals.blogspot.com/

CNBC broadcasters reported that the CME Group is searching for $600,000,000 that vanished from customer segregated accounts that no one except Corzine had the power to rip off unless Corzine specifically involved other people. CNBC broadcasters actually believe that the $600,000,000 might be hiding someplace and might magically reappear from its hiding place. Also CNBC reported that the Obama appointed commissioner of the CFTC, Gary Gensler recused himself (after he spoke with Corzine) from his own job.

This will be the same as the NYC Judge and DA who protected Strauss-Kahn from a trial for raping the black hotel maid. They are going to protect ex NJ governor, ex US Senator, ex Goldman Sachs colleague Corzine from being arrested for his crime. If OWS sitting in the park near Wall Street (as if being blocks away from Wall Street gives them some knowledge) had any idea of why they are protesting, they would be screaming about the Corzine $600,000,000 crime and his privileged status by the FBI.

America has become a nation of dolts in a trance. The most powerful American leaders and their shills reporting on TV are ignorant crooks. Go back and read prior SCREWED AGAIN reporting about the CFTC and CME Group as it concerns the PIMCO fraud. The OWS protest actually believe that sitting and freezing on the ground in the park will magically force a happy ending for the misery of 50,000,000 Americans whose work is now being done by Chinese slaves. The 50,000,000 Americans have been told by the privileged to go back to school and learn a new occupation so they can return to the middle class life they had enjoyed.

[-] 1 points by MattLHolck (16833) from San Diego, CA 12 years ago

the bankers were rewarded not prosecuted