Goldman Sachs Information, Comments, Opinions and Facts: Ratigan & Ritzholz Razz Goldman Sachs

Tuesday, July 14, 2009

Ratigan & Ritzholz Razz Goldman Sachs

Editors note: I was hoping to post the segment with Sen. Kaufman that comes right after this one (Ratigan was on fire) but MSNBC hasn't posted it yet. This segment with Barry Ritzholz is almost as good though.

Visit msnbc.com for Breaking News, World News, and News about the Economy

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It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has so far corrupted and prostituted the chastity of his mind as to subscribe his professional belief to things he does not believe he has prepared himself for the commission of every other crime. … Thomas Paine 1737-1809, Anglo-American Political Theorist, Writer

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Fraud*
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".^[1] 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

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When the people and the government fear Banksters like Goldman Sachs and JP Morgan, there is economic dictatorship that will destroy the very fabric of our existence as a civilized society.
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Tuesday, July 14, 2009

Ratigan & Ritzholz Razz Goldman Sachs

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