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

Thursday, December 17, 2009

Goldman Sachs Links and News - December 17, 2009

Goldman Sachs Capital PartnersImage via Wikipedia
Lloyd Blankfein, CEO of Goldman SachsIndependent
Teamsters Say Goldman Sachs Trades on YRC Bankruptcy | Journal of ...
Lessons from Goldman Sachs - Adam Smith, Esq.
By AdamSmith1776  
 Newsalert: Goldman Sachs Vs The Teamsters : Credit-Default Swaps
By Steve Bartin



Goldman Sachs Driving YRC Trucking Into Bankruptcy, Hoffa Says
By The Huffington Post News TeamJohn Hodgman on Goldman Sachs | Maximum Fun
By Jesse Thorn
John Hodgman on Goldman Sachs | Maximum Fun
By Jesse Thorn
Let's All Sue Goldman SachsGS 
The New Republic: Has Goldman Sachs Lost Its Soul?
NPR 
Demonstrators Demand Compensation in Front of Goldman Sachs Building
The Epoch Times
Has Goldman Sachs Gotten Greedier? - Truthdig
By editor@truthdig.com
Merry Christmas from Goldman Sachs | The Big Picture
By Barry Ritholtz
Goldman Sachs Adviser Arthur Levitt Will Withstand Your Abuse ...
By Jessica Pressler


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6 COMMENTS:

Anonymous said...

We're all being played...and we all sit by and take it:



Credit derivatives have been criticized for information asymmetry, so why not criticize how these committees operate? I am happy to publicly state that they are rigged.

I wrote in an email that if they want my testimony without the quid pro quo of helping them in advance to formulate questions and strategy for the hearing, I will consider testifying and will give them an answer in a couple of days. If their questions are weak, I can address it in my testimony, and I may have new facts and information not yet in the public domain that I wish to present myself. I have not heard back from them, and I do not expect I will.





http://tinyurl.com/y8whpvx

Anonymous said...

Max tells it straight

Goldman Sachs...career criminals

On the Edge with Max Keiser . . . and Edward Harrison

http://maxkeiser.com/

Anonymous said...

Latin lesson: quid pro quo

December 18, 2009
Amidst fading hopes for real reform on issues ranging from high finance to health care, economist Robert Kuttner and journalist Matt Taibbi join Bill Moyers to discuss Wall Street's power over the federal government




http://tinyurl.com/yavcauk

Anonymous said...

OpEd on AIG: Show Us the E-Mail



The three of us, as experienced investigators and prosecutors of financial fraud, cannot answer these questions now. But we know where the answers are. They are in the trove of e-mail messages still backed up on A.I.G. servers, as well as in the key internal accounting documents and financial models generated by A.I.G. during the past decade. Before releasing its regulatory clutches, the government should insist that the company immediately make these materials public. By putting the evidence online, the government could establish a new form of “open source” investigation.




Perhaps A.I.G.’s employees would also be judged not guilty. But we would like to see the record to find out. As fraud investigators, we would like to examine the trading patterns of A.I.G.’s financial products division, and its communications with Goldman Sachs and other bank counterparties who benefited from the bailout. We would like to understand whether the leaders of A.I.G. understood that they were approaching a financial Armageddon, and whether they alerted their counterparties, regulators and shareholders to the impending calamity.


http://tinyurl.com/yejcven

Anonymous said...

Wake up and
Watch:

Elizabeth Warren Named 'Bostonian Of The Year'


It's the year end so we're getting more of these made public. This honor at least was heartily deserved. A feisty (yet polite) graceful, academic-civil servant who effectively utilized the only weapon she was handed (in fact, 'not handed') by Congress: the media bully pulpit. She was given a grand title and little else. The rest was pure moxie.

http://tinyurl.com/yjzejrg

Anonymous said...

Read and send to your representatives saying you don't want your kids financing the generational wealth creation of criminals.


Tavakoli: Time To Claw Back AIG Money Paid To Goldman Sachs

http://tinyurl.com/ybcrpcq

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