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
Friday, October 16, 2009
Dylan Ratigan has a great video clip this morning explaining how Goldman Sachs magically made $3 billion this quarter.
Can we tie this in to Taibbi's Rolling Stone article about how the Vampire Squid actually causes these crashes so that they can pick up the rubble on the cheap? And this time they were so incompetent that they lost all their money and had to buy the assets with taxpayer money they extorted from the American public by way of corrupt politicians and the likes of Hank Paulson and Timmy Geithner. (As an aside, doesn't Geithner look like the kid who got beaten up every day on the bus to school?)
What needs to happen to this country before these criminals are prosecuted? Do we need to see the complete collapse of our way of life? Unfortunately by the time that happens all these banksters will be on their private jets to live on some beautiful island.