The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label fine. Show all posts
Showing posts with label fine. Show all posts

Wednesday, January 27, 2016

Goldman Sachs fined only $5.1 billion for causing 2008 financial crisis

It pays to know the right people when it comes to most things in life, and this axiom cannot be said any better for the financial institution known as Goldman Sachs.  Seven years ago, the bank that feeds executives into the highest levels of government and central banks should have gone bankrupt and disappeared like Bear Stearns and Lehman Brothers.  But thanks to one of their own being in the position of U.S. Treasury Secretary, not only was the financial institution bailed out with taxpayer money, they also were the only bank to receive 100 cents on the dollar for their toxic assets tied with insurer AIG.
And now in 2016, regulators within the government have finally decided to make Goldman pay for their involvement in nearly bringing down the entire global financial system by quietly giving them a slap on the wrist, and imposing a meager $5.1 billion fine for their actions.

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Monday, July 21, 2014

Obama administration continues assault on financial companies that challenge the State

Two weeks ago, the Department of Justice finalized an agreement with French Bank BNP Paribas to admit guilt, and pay $8.9 Billion in what is the largest settlement ever tied to violations of ‘U.S. decreed sanctions’.  According to the DOJ, BNP Paribas conspired to ignore sanctions imposed on Sudan from 2002-2009, but the real story is that this indictment and fine were sent as a warning to France, and other Eurozone nations to not do business with Russia, as the charges occurred at the same time French authorities were completing a new naval deal with Vladimir Putin.

However, foreign countries are not the only ones to receive the financial hammer from Washington for daring to go against the State’s agenda.  On July 16, the same Department of Justice issued a $1 billion fine against Standard & Poor’s (S&P), for spurious claims that they inflated bond ratings for banks leading up to the 2008 credit crisis.  The truth of the matter is, the Obama Administration used these fake charges as leverage, just as they did with BNP Paribas to punish S&P for their downgrading of America’s AAA rating back in 2011.



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