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Assistant to Thomas Mazarakis – Head of Fundamental Strategies
Zero Hedge covered this story perfectly.
Back in July, they brought this little disclosure by Goldman to the public's view. If you click on the picture, you'll see that Goldman's disclosure was that they would use your trading information for "internal business purposes." In other words, they would screw you.
In grey above "we may monitor your use of the Services for our own purposes (and not for your benefit.)
Today, they admitted to the world that they were trading off of their client orders.
Now we also found out, that when Timmy Geither, the phony, lying leech that has the full support of the Obama administration, who still is currently the Treasury Secretary, decided to pay SocGen and Goldman Sachs over $25 billion of taxpayer dollars from AIG, and with the help of the SEC, this information, this payola behind closed doors, will not be disclosed to the public until November 2018. The SEC said it was "confidential."
What a bunch of bullsh*t!
Goldman screws people, then they deny it, and now they admit it. Our Government did the same. And our toothless SEC gave them a 10 year pass on the information. Why?
Because below you'll see all the CUSIP numbers and transactions of the taxpayer funded bail-out.
Notice they are all redacted!
Because all this derivative crap was trading at less than 50 cents on the dollar, and Treasury Secretary Geithner, thought it was in the best interest of the country, to give the pariahs at Goldman Sachs, $13 billion of your money, who have perfected the art of stealing, and now, besides stealing clients money, they stole yours, without you knowing where, why and how, and without you even reading one of these phony disclosures statements where Goldman Sachs says that they'll rape you, and your underage son or daughter, because Goldman likes screwing both the innocent and the infamous.
Goldman's Blankfein says he was doing "God's work." I guess they were. Like a priest abusing an altar boy, Goldman abused you, and they abused your trust, and then, after they bent you over, they then denied they raped you, after they wiped the sh*t off of themselves on your children's inheritance, and then bonused themselves what they stole.
So here is the list, of the derivatives, that you paid Goldman billions and billions of dollars for.
And in a bit less than nine years, you can then find out how, you were screwed.