GoldmanSachs666 Message Board

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

Saturday, May 1, 2010

Bad Goldman Sachs!

Here's a short comment from CrooksAndLiars:

Justice Department Investigation Into Goldman Sachs Goes Beyond SEC Cases

But since it's all a giant shell game anyway, and it's likely that the other Wall Street firms are using the exact same practices, why are the stock prices dropping? It's almost as if investors need to believe this was an aberration, and they're clutching the idea like a security blanket. Bad Goldman Sachs!

And here's the real problem: Without factual information and accurate risk assessment, capitalism is a game completely rigged in favor of the insiders. If enough people wake up and stop investing, well, that's a whole other catastrophe:


Read the rest here


Anonymous said...

Never knew this...if true

on Sun, 05/02/2010 - 13:16

Matt and the GS sleuths on this site need to be checking on one interesting fact. Guess who else was in Blankfein's 1975 Harvard class? Guess who even spent 3 years in the same "dorm," Winthrop House?

Some guy named Ben Bernanke.

Anonymous said...

Sunday, May 2, 2010

Things Do Not Compute

Anonymous said...

Has anyone seen the news release where Buffett was named to head the enforcement division at the SEC?...No...? Is he sending a message to Mr. Khuzami?

Same old crap.........

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