Crap And Pigs

Goldman Sachs is not an equal opportunity employer (white men only) but they believe in giving everyone on the planet a shot at being screwed by them.

A senate committee has accused Goldman Sachs of selling poor quality mortgage securities and betting against them and is asking the Justice Department to investigate CEO and scumbag Lloyd Blankfein’s prior testimony to Congress. There were similar allegations against Deutsche Bank.

We’ve all known that he is a lyingfor over TWO YEARS!!! And the Senate is just calling for an investigation now? After two years? Why doesn’t the Senate just have a bonfire with our tax dollars? At least it would keep a couple of people warm.

Goldman “disagreed” with the report. Really? Well, the rest of the world disagrees with you, Goldman. Now go shove some of your ill-gotten gains up your asses and shut theup.

According to the report, as the Hudson 1 securities declined in value, Goldman made $1.3 billion in profit at the expense of the clients to which it had sold the securities.
Deutsche Bank AG helped put together a $1.1 billion CDO known as Gemstone 7 and “filled it with low-quality assets” and rushed to sell it “before the market falls off a cliff.” According to the report, Deutsche Bank’s top CDO trader, Greg Lippmann, described some of those securities as “crap” and “pigs,” and predicted the assets and the CDO securities would lose value.

Crap and pigs. Pot, meet Kettle.

If it was acceptable to bail out these crappy pigs, then students who have done nothing wrong but believe the lies they were told by their law schools deserve not only a bailout, but an apology for being mislead as well as an apology from Congress for allowing the schools to do it. It goes without saying that an apology from the loan sharks who fed off students for years is long overdue.

The Scam Starts Early

The school scam starts young; even 3 month year old babies are being scammed. Well, their parents are. YourCan Read is the preferred scam for the drooling crowd.

The ads claimed that any preschooler could learn to read before kindergarten if you buy their flash cards and DVDs. But wait, could it all be bullshit a scam? Can babies really learn to read at 3 months? The experts all say no.

10 experts who were all of the same basic opinion: Young children can be made to recognize or memorize words, but the brains of infants and toddlers are just not developed enough to actually learn to read at the level the way the enticing television ads claim they can.

Oh, my, so they were manipulating facts to get parents to buy an educational product that doesn’t work? Where have I heard that before? Oh right, that’s what the law schools do! Nice to see there is some consistency in American education.

The entire school scam in a nutshell:

Buy this crap and learn to read before you can crawl, get into the right preschool, which gets you into the right kindergarten, into the right grade school, an expensive private high school, then drop $200,000 on a worthless bachelor’s degree, and if you’re really lucky, get into a law school and drop another $150,000, to wind up unemployed and $350,000 in debt.

I think it’s misleading. I think it’s false, and I think it raises false expectations, said Dr. Karen Hopkins, a developmental pediatrician at New York University’s Langone Medical Center

Misleading, false information, raises false expectations. That’s the way to get students to enroll, from birth to graduate school. False is the business model all schools follow.

Another Reason To Close The Doors

As if we needed another reason to shut TTTTTouro down. One of its ’09 grads, Joseph Rakofsky, “astonished” a judge with his poor performance in and out of court.

A mistrial was declared when a Washington, D.C. judge said that the TTTT grad didn’t have a good grasp of legal procedures. Could this be why TTTouro decided earlier this year to cut enrollment by a whopping 10 students? So there could be more one on one time with the professors? Oh, no, right, it was because the school thought it was the “ethical” thing to do. And what wonderful ethics they are teaching the students:

The judge declared a mistrial after reviewing a court filing in which an investigator had claimed Rakofsky fired him for refusing to carry out the lawyer’s emailed suggestion to “trick” a witness, the story says. Rakofsky’s suggestion allegedly read: “Thank you for your help. Please trick the old lady to say that she did not see the shooting or provide information to the lawyers about the shooting.”

The question that came to my mind was: Why would any lawyer with less than two years experience think that they could first chair a murder trial? Is it the same delusional thinking that led this idiot to drop $100,000 on a crap school like Touro?

Could someone just slam the seats on all of these toilets? Save the students money, save the taxpayers money, and save the lives of the clients that they will ruin with their lack of knowledge and skills.

Distraction From Debt

I just saw a great film, The Lincoln Lawyer. I actually forgot about all of my problems for the two hours or so I was in the movie theatre. It was like being on vacation, fabulous!

And I have a new crush. Clooney is out, Matthew McConaughey is the man. Gorgeous eye candy, and the man can act. This movie about a criminal defense attorney has a ton of twists that will keep your minds off Sallie Mae and her buddies for the whole time. And no, it does not glorify the legal profession, far from it.

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