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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

Wednesday, February 3, 2010

Goldman Sachs Links and News - February 3, 2010


Goldman Sachs Group, Inc.Image via Wikipedia
With Bated Breath, Rivals Await Blankfein's Bonus
New York Times When Goldman Sachs hates marking to market | Analysis & Opinion ...
By Felix Salmon
Is Geithner going to Goldman Sachs?
By admin
Goldman Sachs, send bonus billions to Haiti: Churchmen
USA Today

Goldman Sachs could slash CEO bonus amid pressure - Yahoo! News
Keiser: Goldman Sachs' Silent Coup d'Etat
By Joe 
Goldman Sachs Wimps Out in Buck-Breaking Brawl: David Reilly
Commentary by David Reilly Feb. 3 (Bloomberg)
Market Minds » The man who walked away from Goldman Sachs
Kaptur Exposes Tim 'Goldman Sachs' Geithner (VIDEO) - Home - The ...
By DailyBail 



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4 COMMENTS:

Anonymous said...

Derivative Fraud? Where Are OUR Cops?

Where does it end in this country folks? There's more than enough evidence that "a river (of corruption) runs through it" - "it", of course, being our economic and banking system. Look at the update this morning out of "Biggovernment" related to the story I discussed yesterday with the AIG "takeunder" by The NY Fed:

The FRBNY wanted more than just a standard debt deal; it wanted absolute control and ownership of AIG. But, it was illegal for the FRBNY to hold equity and the Treasury Dept. did not yet have the legislative authority, later granted under EESA, to do so. But this didn’t stop then-President Geithner or his general counsel Thomas Baxter. They crafted the AIG Trust to accomplish the same goal. But the Trust was transparently invalid and illegal for two fundamental reasons: One, the FED maintained absolute control over the Trust’s existence, its terms, and the Trustees through Section 1.03 of the Trust Agreement. This, as we explain in our Response papers attached, invalidates the trust; yet the government continues to speak about this as an “independent” Trust.

That's a raw allegation of unlawful conduct, coming from a bar-admitted attorney.

WHERE ARE THE DAMN COPS AND WHY AM I HEARING HANDCUFFS CLANK SHUT IN THE UK AND EUROPE GENERALLY, WHILE HERE ALL THE COPS ARE IN THE DONUT SHOP SWILLING THEIR COFFEE?

http://market-ticker.denninger.net/archives/1933-Derivative-Fraud-Where-Are-OUR-Cops.html

Anonymous said...

Former Bank of America CEO Ken Lewis Charged With Fraud; It's Only A Start


One Down, Many More To Go

Geithner, Paulson, and Bernanke all deserve to be indicted as well. Paulson and Geithner are easier targets, Paulson even admitted coercion.


http://tinyurl.com/yc5mb4z

Maybe their immunity has been revoked?

http://tinyurl.com/yzzjtg5

Larry Rubinoff said...

Yes, there is a river of corruption. There are those of us who see it, write about it and attempt to disclose it.

Neither of our major political parties seem to care, in fact, they allow this corruption to continue.

The leadership of both parties know what we know and more. They know how we, the people feel but they just don't seem to be working for us.

Those we elect seem to turn on ur or are taken over once they take their "oath of office". There seems to be something wrong with our system as a whole. It has been said before by many, The System Is Broken.

I don't know how to fix it other then to keep talking and writing. But maybe, just maybe it has gone too far and we no longer are in control as we should be. But giving up is not the answer either.

There are voices louder and more important then ours out there. "Together we can make a difference" but it will take time.

Anonymous said...

Paulson the criminal mentioned here.



Keiser Report – Markets! Finance! Scandal!

http://tinyurl.com/ydhamkm

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