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Profile Information

Name: Laser Haas
Gender: Do not display
Hometown: Anywhere USA
Home country: United States
Current location: NOMADIC
Member since: Mon Apr 21, 2008, 01:12 PM
Number of posts: 7,805

About Me

Love BB, Laser Tag, Poker (Tournaments only). Work with Occupy camps. Willing to help you in your fight for justice (let's discuss it).

Journal Archives

Ex-Goldman Sachs banker tied to 1MDB scandal blames bank's 'culture' in guilty plea

Source: CNN

New York (CNN Business) An ex-Goldman Sachs banker who pleaded guilty to conspiring to steal money from Malaysia's state investment fund said Goldman's "culture" encouraged executives to work around the legal team to score business.

It was "very much in line of its culture of Goldman Sachs to conceal facts from certain compliance and legal employees," said Tim Leissner, Goldman's former Southeast Asia chairman, in his guilty plea from August, which was unsealed in federal court in Brooklyn Friday.

Leissner admitted that he hid from Goldman the fact that Malaysian financier Jho Low secured business for the bank by bribing officials in Malaysia and Abu Dhabi. The US government alleges Low played a central role in a scheme to launder billions of dollars from the Malaysian sovereign wealth fund, 1Malaysia Development Berhad.

Last week, the US Justice Department announced charges against Leissner, Low and Roger Ng, another former Goldman banker. The agency said that Leissner would forfeit $43.7 million.

Read more: https://amp.cnn.com/cnn/2018/11/09/business/lloyd-blankfein-goldman-sachs-1mdb/index.html

This is not the 1st time a Goldman Sachs insider has accused the "culture" at Sachs, of bring of bad faith.

And, I personally, can testify to facts of Goldman Sachs personnel illegal mindset.


As if 50% isn't enough, SEC Commish wants Enforcements Reduced


As reported by Economist

New commissioner at America’s main securities regulator causes a buzz

FOR ALL the talk about deregulation under President Donald Trump, when it comes to the financial industry the word used by many is “tailoring”—meaning trimming the loose threads of tangled rules, rather than unpicking them. An exception is Hester Peirce, who in January became one of the five commissioners at the Securities and Exchange Commission (SEC), America’s most important financial regulator. Since her appointment she has given a series of speeches with a polite tone and blunt message about the downsides of government intervention.

Though she has yet to gain a large following, her words have not gone unremarked. Her “arrival at the SEC is genuinely exciting”, writes Steven Lofchie, a securities lawyer who runs a popular (within the small world of regulation) blog. It is probably the first time the word has been used in connection with the SEC in years.

Thing is, even as early as 2017, the economy was down 33%; and other reports are as much as 50%


Martin Luther King's Cousin Blocked by Kemp from Casting a Ballot

Source: Greg Palast News

Despite Voting in every Election for 50 Years
NOVEMBER 8, 2018
Greg Palast reporting from Atlanta, GA

Today I visited 92-year-old Christine Jordan who was blocked from voting in Georgia. I spent time with her and her granddaughter Jessica. Miss Christine, Martin Luther King’s cousin, talked about the family reunions with the Kings at her house. Never talked politics, just Church gossip and family. She misses choir practice at Zion Hill Baptist. She sang me, “Jesus loves me.” And she sang, “We shall overcome.”

Brian Kemp took away her right to vote exactly 50 years to the day since she cast her first ballot in Atlanta. To get back her vote, she is ready to sue Kemp in federal court, “if someone will help me walk to the courthouse.” Any volunteers?

Martin Luther King's Cousin who was blocked from voting in Georgia

92-year-old Christine Jordan, whose 1 minute video of her being stopped from voting we posted on election day turned out to be Martin Luther King’s cousin

Read more: https://www.gregpalast.com/martin-luther-kings-cousin-blocked-from-voting/

She voted for 50 years, without interruption, until Kemp ran for Governor; whilst being Secretary of State - in charge of election integrity.

The Latest: Abrams campaign says it will fight on

Source: AP

Stacey Abrams’ campaign says it will continue to fight to get all outstanding votes counted in the Georgia governor’s race and won’t accept former Secretary of State Brian Kemp’s declaration of victory.

At a news conference Thursday, Abrams’ campaign manager Allegra Lawrence-Hardy said that the campaign demands that the secretary of state’s office “release all the data, all the numbers, and they need to count every single vote.”

Democrat Stacey Abrams’ campaign says there are still enough uncounted votes to force a Dec. 4 runoff. Incomplete returns show Kemp with just enough votes to win without a runoff.

Abrams and voting-rights groups have called it a conflict of interest for Kemp to keep overseeing the vote tabulations as the state’s chief elections officials.

Read more: https://www.apnews.com/3406ef497291402d93e46a6b08979f3a

Additionally, Georgia voters are suing Kemp and a hearing is scheduled for today.

My - would be friend - Aaron Swartz, would be 32, today.

I had 2 brief conversations with Aaron Swartz, prior to his demise; about the status of the Publuc Access Court Electronic Records system ("PACER".

Aaron was taken from US, in 2013, shortly after he turned down a plea deal.

His life's work was to make ALL court docket records, available to the public.

Theres No Justice - which means there can be - No Peace


Stacy Abrams deserves a Recount!

According to most recent counts, of approximately 4 million votes, Democratic Stacy Abrams is behind GOP Brian Kemp, with less than 70,000 votes.

Thing is, Kemp rigged the election in Georgia, blocking hundreds of thousands of voters.

There's a legal doctrine "in pari delicto" (2 wrongs don't make a right); and that most certainly means Kemp shouldn't be allowed to stave off any recount, after he purged hundreds of thousands of voters.

Unless you are silly enough to believe he purged people that would have voted for him!


Florida Senatorial Candidate, Bill Nelson - declares for recount

Source: Senatorial Candidate Nelson

ORLANDO, Fla. – Florida’s U.S. Senate race is headed toward a recount, based on today’s razor-thin margin.

Unofficial results show U.S. Sen. Bill Nelson narrowly trailing GOP candidate Rick Scott by a little more than just 34,500 votes out of a total of 8.1 million ballots cast. That’s less than a one-half percentage point difference. State law requires a recount when candidates are with one-half point.

“We are proceeding to a recount,” Sen. Nelson said this morning, in a brief statement.

Read more: https://www.nelsonforsenate.com/press-releases/florida-u-s-senate-race-between-nelson-scott-headed-toward-recount/

Broward still counting votes, but elections supervisor doesn't know how many are left

Source: Florida Sun Sentinel

th a razor-thin margin separating Senate candidates Rick Scott and Bill Nelson, Broward County — a Democratic bastion — was still counting votes Wednesday night, with no idea how many are left.

"I can't give you an exact number. I'm not sure. I'm really not sure," Broward Elections Supervisor Brenda Snipes said a few hours earlier.

Broward election officials said repeatedly that they didn't know how many mail-in ballots were still being counted.

Snipes said they would continue processing the ballots until they were finished — even if they had to stay all night.

Read more: https://www.sun-sentinel.com/news/politics/fl-ne-election-broward-turnout-difference-20181107-story,amp.html

Yahoo News reports on empirical bad faith of Wells Fargo

On Sept. 8, 2016, Wells Fargo (WFC) admitted that it had created millions of accounts in the names of its clients without their permission. For the one big bank that had escaped the financial crisis of 2008 with a good reputation as a Main Street firm, this breach of the most basic element of banking — trust — unspooled that reputation.

Twenty-three months later, the bank’s reputation has not been recovered. In fact, it has sunk deeper as more news of its bad behavior has steadily trickled out, along with the announcement of fines and settlements.
Even after the bank’s CFO John Shrewsberry, who, at a conference in New York on May 30, said the bank’s scandals were all out in the open (“I don’t think at this point that there’s anything meaningful that we aren’t already talking about”), the bank has struggled to steer clear of the headlines.

Just last week, Wells Fargo disclosed that a software glitch accidentally denied nearly 400 customers the ability to modify their mortgages, which led to the bank foreclosing on their homes. It can be difficult to keep track of everything. Here is a list of the important points. For the ongoing ones, of course, some may end in the bank’s favor.

Wells Fargo says sorry again after error cost more people their homes than first thought

Source: Charlotte Observer


In a new disclosure, San Francisco-based Wells said an expanded review found that approximately 870 customers who were going through foreclosure were incorrectly denied or not offered loan modifications or repayment plans that would have made their mortgages more affordable. As a result, about 545 of those customers lost their homes, Wells said in a securities filing.

A spokesman for the bank, which has a large presence in Charlotte, said the company apologizes for the mistake.

Also last month, some Democrats on the Senate Banking Committee wrote in a letter that Wells’ CEO Tim Sloan and Chairwoman Betsy Duke should be made to testify before Congress following “rampant consumer abuses” revealed over the past year.

The request was made to committee Chairman Mike Crapo, of Idaho. A committee spokeswoman said Monday that no hearing has been scheduled.

Read more: https://www.charlotteobserver.com/news/business/banking/article221153505.html

We all know Wells Fargo and other Banks have wronged many more than 400 homeowners.
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