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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, November 12, 2009

Goldman Sachs Links and News - November 12, 2009

Links and News is back. 

Read It Here: Goldman Foundation's 2008 Tax Filing
New York Times
The New York Times on Thursday caused a bit of a stir with Geraldine Fabrikant's story about Goldman Sachs's foundation and what it reveals about the bank's

No Christmas celebration for Goldman, again
NEW YORK, Nov 12 (Reuters) - There will be no eggnog for Goldman Sachs Group Inc (GS.N) this year. Wall Street's dominant firm -- much-criticized for paying ...

Understanding Goldman Sachs
Motley Fool
A day after claiming the Big Man Above was on its side, Goldman Sachs (NYSE: GS) CEO Lloyd Blankfein gave another baffling defense of his firm's practices, ...

Today in Goldman Sachs
There's good news, bad news, more bad news and more good news for Goldman Sachs today. Let's review, shall we? Bad news (but could be worse): The bank ...

Felix Salmon » Blog Archive » Goldman Sachs's not very charitable ...
By Felix Salmon
The latest tax filing for Goldman Sachs's foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like no other, even for its own charity. ...

Gasparino gets tough with Goldman Sachs - FierceFinance
By Jim Kim
So how is the great Goldman Sachs (GS) charm offensive going? Among the latest to weigh in is none other than Charles Gasparino on the Huffington Post. It's fair to say that he smells BS when Goldman... Read more...

Takeouts: Reid's Dilemma, Goldman-Sachs and "God's work," Listeners
The Takeaway
Business Takeout: New York Times finance reporter Louise Story takes us through the recent boost in charity at Goldman Sachs – where's the money's going and ... Goldman Sachs On the Trillion Dollars ...
By Robert Wenzel
Senior Goldman Sachs economist Ed McKelvey this week put out a comment on the trillion dollars in excess reserves that banks now have sitting at the Federal Reserve. A good portion of his perspective will not be new to EPJ readers, ...

Are you as leveraged as Goldman Sachs?
By Mike
For decades, many of us have been putting more and more of our money into real estate. Strange enough, it is an asset class that many owners do not even.

Goldman Sachs Justifies Outrageous Salaries (GS) - thestockmasters
By "Forex Trading" - Google News
thestockmastersGoldman Sachs Justifies Outrageous Salaries (GS)thestockmasters... but trading profits soared to $1.8 billion from $354 million. Goldman lost $3.6 billion on forex trading, up from a $1.4 billion loss in Q2.Goldman Sachs ...

Goldman Sach's Charity Filings Reveal Foundation's Complex Trades
By The Huffington Post News Editors
The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary trading that has helped put the firm on track for its best year ever.

Blankfein Invokes God and Man at Goldman Sachs
Just when it seemed Wall Street's most powerful banker had jumped headfirst into the transatlantic hullabaloo over the Almighty's place in the Goldman Sachs ...


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