Just how did Goldman Sachs manage that?
Conspiracy theories abound as to how Goldman Sachs has spun record profits from global turmoil.
By Alistair Osborne
Published: 8:43PM BST 15 Jul 2009
Just about everyone has heard of Goldman Sachs. Few, until recently, had heard of Mike Morgan, a Florida-based investment adviser, just recovered from heart surgery. Over the past few months, Morgan has become one of those shooting stars of cyberspace. He set up a blog, goldmansachs666.com, whose posts have included "Does Goldman Sachs run the world?" and "If Goldman Sachs robbed your house, what would you do?"
Aggrieved at being traduced under the devil's sign, the American investment bank ordered Morgan to take down his site. He refused. A legal spat ensued.
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(Mike sued Goldman Sachs, and Goldman Sachs ran away with tail wrapped around the family jewels)
NOTE: I've received hundreds of emails and calls. I appreciate the kind words and support. I've turned down all media requests because I've already had my 15 minutes, and all of this along with $4.00 will still only buy me a cup of coffee at Starbucks. If anyone is serious about volunteering or hiring a volunteer or two, call me. I'll buy you the coffee, but in all due respect . . . there are a lot of people that claim they are Mad As Hell And Are Not Going To Take It Anymore . . . but there are very few people that are going to do anything about it or put up the funds necessary to get anything substantive done. Give it a couple more years to fester, and then it will be too late.
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