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Goldman Sachs Launches GS Bank, An Internet Bank With A $1 Minimum Deposit (techcrunch.com)
An anonymous reader recaps a report from TechCrunch: Traditionally, Goldman Sachs has functioned like a run-of-the-mill investment bank with minimums to open an account in the range of $10 million, and returns not guaranteed. Goldman is opening its doors to the masses today with the launch of GS Bank, an FDIC-insured, internet-based savings bank. Anyone with an internet connection and a dollar can join, as that is what each account's minimum balance must be. GS Bank's interest rates give customers an annual yield of 1.05 percent, a rate that trumps the average U.S. saving's bank yield of .06 percent APY. GS Bank was a result of Goldman's acquisition of GE Capital Bank, the online retail bank previously run by General Electric's capital arm. The move is to diversify revenue streams and strengthen liquidity. GS Bank currently has total deposits of around $114 billion. In other news from the multinational banking firm, Goldman Sachs believes virtual-reality and augmented-reality "will be the next generation computing platform" worth $80 billion by 2025.
No high level execs at Goldman Sachs went to jail
Which GS people committed which crimes for which they should be in prison? Please be specific.
Why would I give even even a penny to admitted criminals
Which officials with GS admitted to which crimes? Be specific.
You certainly don't have to do business with them. But if you have evidence of specific crimes that nobody else has managed to identify, you might want to pass those along to the DoJ.
Don't disappoint your bird dog. Go to the range.
Blaming short sellers for crashes is like blaming storms on the weathervane.
Let's focus on the short sellers. Pay no attention to the sucking sound from Goldman Sachs in the background.
The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates.
http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405
So, if we wrote 90,000 articles about you, that would make you a criminal? Which specific people at GS committed which specific crimes for which they were not charged? You seem to know all about it, so let's hear some names, and the statutes under which those people should be criminally charged. I'm sure you're already typing that up, so we should see it in a moment or two.
Don't disappoint your bird dog. Go to the range.