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IPFS News Link • Bailouts

Hank Paulson and Goldman Sachs Are RICO Enterprises

• CRIME & FEDERALISM
This New York Times expose on Henry Paulson and Goldman Sachs makes one thing clear: There is now no doubt that Henry Paulson and Goldman Sachs have violate numerous federal laws. Paulson laundered several billion dollars of money to Goldman Sachs, through A.I.G. Paulson lied to Congress about the true nature of TARP. Paulson lied to Congress about his role in the Federal Reserve's decision to give over $185 billion to A.I.G. Paulson has also violated the federal honest service statute, which makes it a felony for a government official to breach his fidicuariy obligation to taxpayers. See 18 U.S.C. 1346 ("the term 'scheme or artifice to defraud' includes a scheme or artifice to deprive another of the intangible right of honest services.")

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