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Posts Tagged ‘Texas Democratic Party’

“Hook ’em Horns” Saga Continues: Will State of Texas Sue Goldman Sachs, et al?

Posted by Larry Doyle on July 7th, 2010 11:40 AM |

Last week, I introduced readers to a developing story in the Longhorn state. I wrote Hook ’em Horns Complaint: State of Texas v. Goldman Sachs et al, highlighting a potential lawsuit on behalf of the great state of Texas against Wall Street. While some may view this lawsuit as a political football being kicked by Democratic candidate for Attorney General Barbara Ann Radnofsky, I would encourage people to look beyond that and appreciate that a wide array of respected professionals from a variety of backgrounds are endorsing this complaint. Additionally, I would ask those who view this as purely political whether they believe there was no fraud involved in our current economic crisis. To that end, how can you not possibly support a complaint that may bring a degree of transparency and integrity to a situation that has seen little to none of either of those virtues?

This developing story took another twist today as the following press release was put forth: (more…)

“Hook ’em Horns” Complaint: State of Texas v. Goldman Sachs et al

Posted by Larry Doyle on July 2nd, 2010 12:42 PM |

Is America supposed to believe that the economic crisis emanating on Wall Street and costing our economy trillions of dollars was all on the up and up and was merely a ‘perfect storm’? Although many on Wall Street and in Washington would have us believe just that, a true measure of ‘sense on cents’ dictates that we not be so naive.

Regrettably, our financial regulators and most state attorneys general have shown themselves to be incapable, unwilling, or incompetent in pursuing the massive financial transgressions and fraud that lie at the foundation of our crisis. Well, it is time for “hook ’em horns!!”

The Democratic candidate for Attorney General in the great state of Texas, Barbara Ann Radnofsky, has written a Legal Complaint and Legal Brief which form the basis for a lawsuit against Wall Street and the underlying fraud which has brought our nation to its knees. (more…)

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