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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

Wednesday, March 10, 2010

Goldman Sachs Links and News - March 9 , 2010

Certain Goldman Sachs Shareholders Still Don't Get It ...
By Bess Levin 
Goldman Sachs Cites Reputational Risk in Annual Report | BulletProof
By Sara Brown Meehan
AIG, Goldman Sachs,the Fed and Treasury, Shenanigans, Skullduggery and ...
Goldman Sachs faces union plan lawsuit over executive pay
Pensions & Investments
Goldman Sued for Overpaying Executives
CBS News
Goldman Sachs sued by big pension fund over pay | Reuters
NEW YORK (Reuters) 
Goldman Sachs Sued By Union Fund For Overpaying Executives
By The Huffington Post News Editors
Business news in brief | Philadelphia Inquirer | 03/09/2010
Philadelphia Inquirer...AP Goldman Sachs Group Inc. was sued... 
Goldman Sachs (GS) Sued Over Compensation Practices – 24/7 Wall St.
By 247wallst 

Traders prepare for a drop in Goldman Sachs (GS)
Pranking Goldman's Lucas Van Praag
Forbes (blog)
Goldman Paulson Sachs
American Spectator
Senate Said to Weigh $50 Billion Fund to Wind Down Failed Firms
BusinessWeek... Goldman Sachs Group Inc. ...

Goldman Sachs Group's hour of reckoning
Joe Stiglitz Slaps The Invisible Hand | Finance Blog
By Insurance... we request the attention of Christine Varney, and the entire anti-trust arm of the US government, in claiming that Goldman Sachs has to be dismantled forcefully 

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Anonymous said...

To the core...from the beginning...its all about goldman doing whatever is needed to or not....

Carrying Water for White-Collar Criminals

But Cohan continues to downplay Freeman’s admitted guilt:

he agreed to plead guilty to one count of mail fraud to make the matter go away.

I’m sorry, but that’s completely unconvincing. This was a well-connected Goldman (disclosure: the firm is an Audit funder) senior partner, who paid his million-dollar fine with a personal check,” as Ericson is good to point out, and who could have lawyered up with the finest white shoes in New York City. The guy was nailed—that’s why he plead guilty to mail fraud.

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