GOLDMAN WINS AGAIN
by Henry Blodget at The Business Insider
Once Goldman's TARP is paid off, every talented bulge-bracket banker at every other big TARP firm--Morgan Stanley, Bank of America, Citigroup, Merrill Lynch--will line up around the block to work at Goldman Sachs. Goldman will have its pick of the talent and the clients, as the world's best bankers get sick of working for Congress-approved chicken feed, and the world's most lucrative fee-paying corporations and investors get sick of doing business with companies that get raked over the coals every day in the outraged press.
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GoldmanSachs666 Message Board
According to the Collins English Dictionary 10th Edition fraud can be defined as: "deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage". In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud, but there have also been fraudulent "discoveries", e.g. in science, to gain prestige rather than immediate monetary gain
*As defined in Wikipedia
Thursday, April 23, 2009
Editor's Note: Here is a piece from Henry Blodget at The Business Insider. Wake up America! You're being raped and paying for it.