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
2 COMMENTS:
I think this guy is onto something:
Goldman Testimony Breaking - VIG
http://inpoints.blogspot.com/2010/04/goldman-testimony-breaking-vig.html
Tickerguy's commentary on yesterday's Senate testimony by various executives from Goldman Sachs, and why we need Glass Steagall reinstated - now.
http://tinyurl.com/3afhobg
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