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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

Thursday, October 1, 2009

GoldmanSachs Info and News Links - Oct. 1, 2009

Goldman Sachs Chief Talks Tough on Executive Bonuses
Looming over any discussion of tighter rules for the financial services industry is the question of what and how much banks should pay their top executives. - Financial Services News -

Could Goldman Sachs Share GM's Fate? | Daily Markets
By Martin Hutchinson
Investment banks have gotten fat off the land since 1982, when the great US bull market got its start. Their business has multiplied many-fold, and their.
Daily Markets -

PolitiFact Truth-O-Meter: Goldman Sachs contributions to Obama ...
"I point out in the film that Goldman Sachs is his No. 1 private contributor," Moore answered. "But I voted for the guy. I'm still hopeful that he's going to do the right thing and side with us, and not Wall Street. ...
Michael Moore - Mike in the News -

Madoff Investor Chais Seeks Access to Goldman Sachs Account
... funds in a Goldman Sachs Group Inc. account are part of the Madoff estate that should be returned to investors, according to a court filing yesterday. ...

Stay away from banks bearing commercial property-Goldman
NEW YORK, Sept 30 (Reuters) - Goldman Sachs on Tuesday advised investors to shy away from banks and insurance companies that are heavily focused on ...

Goldman Sachs Helped Moore's Capitalism Rant
News in Film (blog)
In between slices of smug voice over, Moore takes more than a few shots at the bank holding organization Goldman Sachs. He shows a rhetorical question by ...


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