<HTML><HEAD></HEAD>
<BODY dir=ltr>
<DIV dir=ltr>
<DIV style="FONT-FAMILY: 'Calibri'; COLOR: #000000; FONT-SIZE: 12pt">
<DIV> </DIV>
<DIV
style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: 'Calibri'; COLOR: #000000; FONT-SIZE: small; FONT-WEIGHT: normal; TEXT-DECORATION: none">
<DIV style="FONT: 10pt tahoma">
<DIV> </DIV>
<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A title=akrowne@gmail.com
href="mailto:akrowne@gmail.com">Aaron Krowne</A> </DIV>
<DIV><B>Sent:</B> Sunday, November 06, 2011 6:14 AM</DIV>
<DIV><B>To:</B> <A title=endthefed-list@meetup.com
href="mailto:endthefed-list@meetup.com">endthefed-list@meetup.com</A> </DIV>
<DIV><B>Subject:</B> [endthefed] Goldman vs. Occupy bank -- the full
story</DIV></DIV></DIV>
<DIV> </DIV></DIV>
<DIV
style="FONT-STYLE: normal; DISPLAY: inline; FONT-FAMILY: 'Calibri'; COLOR: #000000; FONT-SIZE: small; FONT-WEIGHT: normal; TEXT-DECORATION: none">
<DIV
style="FONT-FAMILY: verdana,arial,sans-serif; COLOR: #333; FONT-SIZE: 12px"><FONT
face=verdana,arial,sans-serif>
<P>It doesn't get any better for Goldman in this full-length telling...<BR></P>
<P><A
href="http://www.bloomberg.com/news/2011-11-02/citigroup-finds-obeying-the-law-is-too-darn-hard-jonathan-weil.html">http://www.bloomberg.com/news/2011-11-02/citigroup-finds-obeying-the-law-is-too-darn-hard-jonathan-weil.html</A><BR></P>
<BLOCKQUOTE
style="BORDER-LEFT: rgb(204,204,204) 1px solid; MARGIN: 0pt 0pt 0pt 0.8ex; PADDING-LEFT: 1ex"
class=gmail_quote>
<P>In 2008, the US Treasury handed Goldman Sachs a check for $10bn from the
Troubled Asset Recovery Program (Tarp), the bailout funds given to desperate
commercial banks. A few eyebrows were raised: Goldman was not desperate, and
it certainly was not a commercial bank. Yet � abracadabra! � Secretary of the
Treasury Henry Paulson transformed <EM>investment</EM> bank Goldman into a
<EM>commercial</EM> bank overnight. (Paulson's prior post was chairman of
Goldman Sachs. Just saying.)</P>
<P>But there was a catch: Goldman would have to return a chunk of the public's
billions in the form of loans for low-income customers and members of its
"community", as required by the Community Reinvestment Act (CRA) of 1977.
Problem: Goldman has, it seems, no low-income customers, nor a "community".
Goldman was directed to find poor people and a community and hand over some
cash. </P></BLOCKQUOTE><BR><BR><BR><BR>--<BR>Please Note: If you hit
"<STRONG>REPLY</STRONG>", your message will be sent to <STRONG>everyone</STRONG>
on this mailing list (<A
href="mailto:endthefed-list@meetup.com">endthefed-list@meetup.com</A>)<BR>This
message was sent by Aaron Krowne (akrowne@gmail.com) from <A
href="http://www.meetup.com/End-The-Fed/">National Ron Paul End The Fed Meetup
Group</A>.<BR>To learn more about Aaron Krowne, visit his/her <A
href="http://www.meetup.com/End-The-Fed/members/6332229/">member
profile</A><BR>To unsubscribe or to update your mailing list settings, <A
href="http://www.meetup.com/End-The-Fed/settings/">click here</A><BR><BR><SMALL
style="COLOR: gray">Meetup, PO Box 4668 #37895 New York, New York 10163-4668 |
support@meetup.com </SMALL></DIV></FONT></DIV></DIV></DIV></BODY></HTML>