Market Talk – April 4, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 955.35 points or -2.75% to 33,780.58 • Shanghai closed • Hang Seng closed • ASX [...]
Trump fined $355+ Million Goldman Sachs $550 million for the Great Recession
COMMENT: If you want justice, go to a whore house. If you want to get screwed, go to a courthouse in N.Y.
UD
REPLY: That is probably very true. I guess you at least get what you pay for.
This fine imposed on Trump of $355 million, plus interest and penalties, is so outrageous it is furthering the collapse in confidence in the government, which has just become so corrupt and out of control. To put this in perspective, Goldman Sachs has agreed to pay $550 million to the Securities and Exchange Commission for the whole Mortgage-backed collapse they instigated. The billions of dollars lost by people was incalculable. It resulted in the Great Recession.
The entire world knows this NYC verdict is not just biased; it is deliberately interfering in the 2024 election. If Trump had not been running for president, none of these cases would have been brought. New York City has the most corrupt court system in the United States as well as many third world countries, and this verdict is proof of that fact.
As I said, this verdict is so outrageous, along with the absurd jury award in the Carrol case; New York City is by no means a place to do business – EVER! The world is waking up. As I have said, when I asked a New York Lawyer why no banker ever goes to prison in NYC, his response was:
You Don’t Shit Where You Eat!
Latest Posts
Trump’s Tariffs are Winning
I have said on various podcasts that a 10% tariff is really a tariff. Beyond that, it is political to force free trade. Most countries are dropping tariffs on [...]
Tariffs are NOT Reciprocal
How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff? Reciprocal [...]
Eric Adams Leaves the Democratic Party
New York City Mayor Eric Adams, the man who fought tooth and nail to maintain sanctuary city status for migrants, has abandoned the Democratic Party. The Democrats have become so [...]
