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

Saturday, May 29, 2010

NOT a Goldman Post

It's a slow Saturday so I thought I'd post his informative and funny lecture on Google Video. Here's a synopsis:

THE GLOBAL FINANCIAL CRISIS — Michel Chossudovsky Jan 2009, Montreal
LECTURE: THE GLOBAL FINANCIAL CRISIS — The Great Depression of the 21st Century with Michel Chossudovsky Causes and consequences of the financial meltdown; The speculative onslaught; Financial fraud and the "bank bailouts"; Bankruptcy of the real economy; Impacts on employment, wages and social services; Towards a spiralling public debt; The economic crisis and its relationship to the Middle East war; The centralization of corporate power; The concentration of wealth; The globalization of poverty. What are the policy alternatives?

11 COMMENTS:

JR said...

Can this really be true?

Andy Borowitz of BorowitzReport.com says:

Goldman Sachs Reveals it Shorted Gulf of Mexico

http://www.huffingtonpost.com/andy-borowitz/goldman-sachs-reveals-it_b_558774.html

JR said...

Here's another unbelievable story:

Too Big To Jail? Executives Unscathed As Regulators Let Banks Report Criminal Fraud
Republished from the Huffington Post Investigative Fund.

The financial crisis has spawned hundreds of criminal prosecutions for alleged fraud. Yet so far, defendants have been mostly minor players such as real-estate agents, mortgage brokers, borrowers and a few low-level bank employees. No senior executives at large financial institutions face criminal charges.

The rest at : http://www.huffingtonpost.com/2010/05/03/too-big-to-jail-executive_n_561961.html

Anonymous said...

Whats the difference between, GS (& tbtf) and these guys...?

otc derivatives= meth labs

people being paid off

think about it




State Capture


http://www.newyorker.com/online/2010/05/31/100531on_audio_finnegan



http://www.newyorker.com/reporting/2010/05/31/100531fa_fact_finnegan

Anonymous said...

J. S. Kim stated in a recent interview with me:

I think if U.S. regulators stepped in and said Goldman Sachs, HSBC and JPMorgan couldn’t participate in the gold and silver futures-market for three weeks – I really think you would see the gold and silver price more than double in that time.

http://www.mmnews.de/index.php/english-news/5658-everyone-is-deceived

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