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Intro: "The Goldman Sachs CEO didn't get a big-time criminal-defense lawyer because he's worried about an SEC wrist slap - there's a real possibility of doing time, says former Goldman managing director Nomi Prins."

Goldman Sachs' CEO Lloyd Blankfein was accused of giving misleading testimony to the senate investigation of the financial crisis. (photo: Larry Downing/Reuters)
Goldman Sachs' CEO Lloyd Blankfein was accused of giving misleading testimony to the senate investigation of the financial crisis. (photo: Larry Downing/Reuters)

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+33 # fredboy 2011-08-24 08:30
No way. This guy owns the SEC, White House, and Congress. Plus, wrap the term "corporation" around any activity and, at max, you may pay a fine. But no jail time.
 
 
+39 # fredboy 2011-08-24 08:31
"Corporation" is like a perpetual get-out-of[-jail card.
 
 
+58 # portiz 2011-08-24 09:17
My favorite metaphor for describing this fiasco (originally coined by Robert Reich, I think):
It's as if an automobile manufacturer knowingly put faulty brakes in their cars, denied that they did it or knew it, and then took out life insurance policies on the people who bought their cars.

In other words, a criminal and immoral act.
 
 
+12 # MainStreetMentor 2011-08-24 13:46
Wall Street and it's investment banker residents are in and of themselves are a criminal and immoral "act" and their "play" is produced, funded and enahble by the RepubTeacan Party.
 
 
+51 # jan henry sultan 2011-08-24 09:31
when we start sending these gangsters to real prisons, hard time prisons, gang controlled prisons, super max prisons, like other offenders, then maybe some justice will be done. Country club prisons are a travesty of justice. When you consider harm done to our nation by these criminals, you have to think they are real terrorists.
 
 
+29 # davidhp 2011-08-24 09:37
I believe it when I see film of the cell door clanging behind him. The only way he goes to prison if he is given up as a sacrificial lamb to allow Goldman Sachs to continue on with its thieft of American wealth from the people.
 
 
+35 # artsci 2011-08-24 09:52
I think execution would be appropriate treatment for Mr. Blankfein and his ilk. Anyone for taking the guillotine out of mothballs?
 
 
+29 # DLT888 2011-08-24 09:55
Yup, we've got the corrupt deciding the fates of the corrupt. Think justice has any change of seeing daylight in that mix?
 
 
+17 # angelfish 2011-08-24 10:00
Blankfein isn't the ONLY one of these egregious Thieves who needs a Lawyer! If God is Just, and I know he IS, ALL of the Financial Rapists need to answer to the American People for MURDERING our Economy! They should ALL be fined into Oblivion and given healthy Jail time when found GUILTY! Otherwise, they WILL get the proverbial "slap on the wrist" and John Q. Public will get shafted AGAIN!
 
 
+1 # edensasp 2011-08-25 21:21
In the ethereal plane of Heaven, god may be just, but in the bowels of hell, the dung control Wall Street & is it's own god and justice. Bonus's for taxpayer bailouts anyone???
Anonymous invites all....
Sept 17 2011...Wall Street/ Bring a Tent

http://daviddegraw.org/2011/08/anonymous-to-occupy-wall-street-on-september-17th-expect-us/
 
 
+25 # Terrapin 2011-08-24 10:00
Wouldn't you love to see this schyster, and the other culpable parties do 20 to life in a Federal Hell-Hole prison. Given the Michael Milliken sentence, 6 month in a Country Club detention ... what can be expected as punishment?
How come "tough on crime" is never applied to the Executive Class?
 
 
+13 # jwb110 2011-08-24 10:18
There is no Justice IN the Washington system for these criminals. We the People have to do it ourselves. Taking back the powers no delegated to the Gov't that we retain as stated in the Constitution.
As individuals we have to bundle together and take these guys to court and not bitch and moan because the "leaders" don't. There aren't any leaders for the citizenry. Stop blaming the "others" and seek Justice on our own. We have to learn that we are not represented in this Gov't system. We have to represent ourselves in whatever way possible.
Maybe the ACLU would like to get in on this one. If anybody's civil liberties were shredded it certainly was the AMerican public in this instance.
 
 
+5 # Viejo 2011-08-25 09:01
You are so right. It is so easy to agree with you. It is so hard to see how to "represent ourselves in whatever way possible". You got enough right wingers in the Supremes, now, to ram the 10th Amendment up our ass but as a working guy I wouldn't care to live in Rick Perry's Paradise.
 
 
+13 # DPM 2011-08-24 10:39
I have no faith in our corporate run government really doing anything to this guy, unless, as stated by Davidhp, he is sacrificed for the benefit of the other criminals in and out of our federal government. Should he actually be tried and found guilty, it should be for economic terrorism. Then he should be sent to Gitmo. Or his head be put on a pole outside the door of the Federal reserve.
 
 
+18 # BVA 2011-08-24 10:51
A question for every Republican presidential candidate:

"The Obama administration appears to have delayed (deferred, suspended, or slowed) prosecution and civil litigation against executives of banks, mortgage companies, and other financial entities presumably until the economy recovers sufficiently so as not to interfere with that recovery.

"Do you, sir, plan to re-institute and/or reinvigorate these deferred investigations, prosecutions, and civil litigations against financial executives and entities implicated in causing the economic collapse when the economy recovers?"
 
 
+2 # Activista 2011-08-24 11:14
Goldman Sachs CEO Lloyd Blankfein will get the $$BEST$$ defense as rapist Kahn - complex financial matters are much harder to prosecute than rape with physical evidence.
And we know how Kahn's rape case was "won".
 
 
+9 # propsguy 2011-08-24 11:16
those other guys are in prison, so we have to be hopeful that his high powered attorney will fail to get him off
 
 
+4 # William Bjornson 2011-08-24 20:12
propsguy:

I think we've already had all the "Hope" we need. We need action now to take back our government which hasn't been even close to "of the People" since that scumbag Teddy Roosevelt. And 'The Fed' needs to be the first to go. Amschel Bauer AKA Rothschild once said: "Give me control of a nation's money and I care not who makes her laws." He was right then. He still is today.
 
 
+9 # MainStreetMentor 2011-08-24 13:52
Blankfein is but a single miscreant grain of sand on an entire beach named Wall Street, which is comprised of exacted duplicates of miscreant sand grains - all of them with the word GREED emblazoned on their beings. And ... don't forget: Secretary Geithner was a former executive of Goldman Sachs, too. (In fact I believe he STILL is!)
 
 
+9 # karenvista 2011-08-24 19:21
Quoting
And ... don't forget: Secretary Geithner was a former executive of Goldman Sachs, too. (In fact I believe he STILL is!)


Though it is commonly believed that Geithner worked for Goldman he never actually was on their payroll although, I agree, Geithner certainly worked to benefit Goldman.
 
 
+11 # MainStreetMentor 2011-08-24 13:55
The most tragic thing about this specific issue is: Blankfein will get off scott free. I mean if we have a SCOTUS that can turn President Gore's victory over to George W. Bush, and then declare that a corporation is a "person" ... the chances for Blankfein to even have his wrist "slapped" is remote.
 
 
+7 # Activista 2011-08-24 19:19
"Madoff was active in the National Association of Securities Dealers (NASD), a self-regulatory securities industry organization and has served as the Chairman of the Board of Directors and on the Board of Governors of the NASD"
read more at http://en.wikipedia.org/wiki/Bernard_Madoff
how the industry is "self" regulated.
this pattern is repeated with Blankfein
 
 
+10 # Activista 2011-08-24 19:34
en.wikipedia.org/wiki/Lloyd_Blankfein
"Blankfein is a contributor to mostly Democratic party candidates and donated $4,600 to Democratic Party candidate Hillary Rodham Clinton in 2007.[11] Goldman employees and their relatives contributed almost a million dollars to Barack Obama's presidential campaign — making it "the company from which Obama raised the most money in 2008" — and Blankfein has visited the White House ten times as of February 2011.[12] Former Goldman executives who hold senior positions in the Obama administration include Gary Gensler, the chairman of the Commodity Futures Trading Commission; Mark Patterson, a former Goldman lobbyist who is chief of staff to Treasury Secretary Timothy Geithner; and Robert Hormats, the undersecretary of state for economic, energy and agricultural affairs"
sure Clinton and Obama will prosecute their contributors! As Kucinich asks in different context - Lloyd_Blankfein is the boss.
 
 
+12 # Scott479 2011-08-24 19:41
Organized crime and organized money are one and the same
 
 
+8 # Viejo 2011-08-25 09:18
The Mob just isn't as good at it as the bankers.
 
 
+4 # giraffee2012 2011-08-24 20:49
Vote 2012 -- for nobody funded by Koch and get your mail-in ballot and TAKE it to the Polling place and make sure you put it in the slot for paper or machine ballots (I did it last election and every one since the Deibol machines appeared.

I've never advocated capital punishment or war / killing but NOW I believe these evils and their sponsors are committing treason and should be put to death (can't remember exactly but it went something like "give me liberty or give me death)
 
 
0 # Hooligan 2011-08-29 01:55
I have also hand carried my mail-in-ballot to the Registar's office since then. I live in Calif. & just a few of us (about 20 people) met to decide what to do. 4 or five of us went to the capital & talked with candidates for Sec. of State. Debra Bowen said she would investigate the voting machines & de-certify any that had "problems." We worked hard to elect her. She won and de-certified almost all the machines. We also now have paper ballots, although each (precinct?) has to have one machine for the disabled. Our group also went a few times to the County Bd. of Supervisors concerning who was going to be appointed as Reg. of Voters in our county. I was surprised myself at how much a few people can accomplish.
 
 
+2 # rf 2011-08-25 03:41
All the nice republican bumpsters are wondering where the retirements went and simultaneously protecting the guys like this that disappeared it for them. Good ole edicated Amaricans.
 
 
+7 # Tzul el Chapin 2011-08-25 04:48
The lesson we are teaching our youth is to steal very big if you are going to steal. Only the pikers do jail time. The big guys get invited to the White House.
 
 
+3 # william croke 2011-08-25 08:35
Blankfein and his cohorts at trhis company should be put in jail!! PRONTO!!!
 
 
+3 # Viejo 2011-08-25 09:09
I can understand the sound and fury over the probability that (if he is prosecuted at all) he will get a tender pinch on the wrist. But what has and will continue to infuriate me is that after 3 years this is the ONLY ONE?? Maybe I've wrong about that but it sure seems like it.
 
 
+2 # Viejo 2011-08-25 09:16
Ya know, Eliot Spitzer was doin' a pretty good job of beatin' on these guys in NY but he didn't meet the Evangelical Purity Test so he was drummed out of office. If he promises to keep his pants zipped do ya think the GOP would run him for Prez?
 
 
+3 # TrueAmericanPatriot 2011-08-25 17:17
Line 'em up, LOCK 'EM up, WELD their cell doors SHUT, and throw away the keys!
Even THAT would be too good for these greedy free-lance criminals. Let's pray that Blankenfein will be the FIRST OF MANY!
 
 
+1 # edensasp 2011-08-25 21:15
"Could Blankfein Face Prison?"

Only if his town car happens upon one in traffic.
 
 
0 # Unca Mikey 2011-08-27 03:09
I wanna puke. We have no control over this human scum.
 
 
0 # The Saint 2011-08-28 11:19
You mean "Could Blankface Feign prison?"
 

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