GoldmanSachs666 Message Board

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

Monday, November 2, 2009

Goldman Sachs Links and News - November 2, 2009

Guest Post: Goldman Sachs - Reasonable Doubt | zero hedge
By Tyler Durden
Other than: Get one! Goldman Sachs exotic housing bet; was it illegal ? Posted by: Cheeky Bastard. Post date: 11/01/2009 - 11:43. An interesting report coming from McClatchy, concerning Goldman Sachs bets on the housing crash. ...


Fraud at Goldman Sachs?
Huffington Post (blog)
McClatchy is out with an incredibly important series on Goldman Sachs, the first two parts of which have gone up already, that raises questions about ...


Citigroup Was a Winner of Paulson Aid to Banks, Researchers Say
Bloomberg
Citigroup and the three other firms that either merged into or became commercial banks -- Goldman Sachs, Morgan Stanley, and Merrill Lynch -- showed signs ...


A Pillar of Jello: Geithner Handed Billions to Goldman Sachs
Chicago Daily Observer
This morning on the Market Ticker, Janet Tavakoli, Chicago-based popular biographer of Warren Buffet, posts some harsh observations concerning Goldman Sachs ...


This Is A Scam From Goldman Sachs(GS) You Would Really Hate
Benzinga
In 2006 and 2007, the upper echelons at Goldman Sachs (NYSE: GS) realized that a fall in housing prices is imminent. Did they tell their investors not to ...


Deal Could Help Fannie Mae's Finances but Is Goldman Sachs Becoming Too Powerful?
ABC News
By MATTHEW JAFFE The Treasury Department could block a possible deal between Goldman Sachs and struggling government-backed mortgage giant Fannie Mae, ...


Treasury Mulls Goldman Sachs Offer for Fannie Mae Tax Credits
Bloomberg
2 (Bloomberg) -- The US Treasury is considering whether to allow Goldman Sachs Group Inc., the most profitable securities firm in Wall Street history, ...


McClatchy Digs Into Goldman Sachs' Dealings In Subprime Mortgages
NPR
By Mark Memmott "Goldman Sachs: Low Road To High Finance." That's the name McClatchy Newspapers has given to a multi-media report, based on five months of ...


For Wall Street and Goldman Sachs the Party Continues
Huffington Post (blog)
The recent revelations about the criminal "pump and dump" speculative behavior of the Goldman Sachs Syndicate, along with its heartless new role as Repo-Man ...


Goldman Sachs: Reasonable Doubt - The Market Ticker
By Karl Denninger
Was the risk that Goldman hedged with AIG as bad as Goldman Sachs Alternative Mortgage Products' GSAMP Trust 2006-S3? Any risk manager worth their salt would have reasonable doubt about this deal and conduct a fraud audit. ...


Goldman Sachs Seizing Homes Subprime Mortgages Bought
By The Huffington Post News Editors
Goldman spent years buying hundreds of thousands of subprime mortgages, many of them from some of the more unsavory lenders in the business, and packaging them into high-yield bonds. Now that the bottom has fallen out of that market, ...


Amid the housing crisis, Goldman Sachs gives, takes away
MiamiHerald.com
A California couple close to losing their home found that Wall Street giant Goldman Sachs was the company behind their subprime mortgage and was trying to ...


Connecting.the.Dots: Goldman Sachs' Stolen Umbrellas
By ROBERT STEIN
According to the McClatchy Newspapers, Goldman Sachs spent years cornering the umbrella market: In 2006 and 2007, they "peddled more than $40 billion in securities backed by at least 200000 risky home mortgages, but never told the ...


Sorry, Folks: Goldman Sachs Was Not "Secretly" Short Housing During The Bubble ...
The Business Insider
It's time to finally lay to rest claims stretching back as far as 2007 that Goldman Sachs was peddling securities backed by at least risky home mortgages ...


0 COMMENTS:

Post a Comment