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

Wednesday, July 28, 2010

Goldman sends your tax dollars overseas

Ever wonder where all that bailout money went?

Goldman reveals where bailout cash went

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.
Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.

Asked the significance of the list, Grassley said, "I hope it's as simple as taxpayers deserve to know what happened to their money."

He added, "We thought originally we were bailing out AIG. Then later on ... we learned that the money flowed through AIG to a few big banks, and now we know that the money went from these few big banks to dozens of financial institutions all around the world."

.....


Read the rest here

4 COMMENTS:

Anonymous said...

Seems everyone knows the score....

P.T. Barnum

But what is clearly not acceptable is the cancer-like
growth of bureaucracy, mostly in the public sector,
but the private sector is not immune. It’s surprising
how many law firms do business with
governments, and why has an army of Goldman
Sachs people been seconded to one government
or another? Who pays?

“If they deny it
twice, it must be true.”

http://tinyurl.com/27md79m

Anonymous said...

Hail Goldman...they saved themselves...I mean the world!

Now they want to starve...I mean...save the rest of us....Hail Goldman!


Remember the 1st rule of THIEFING..CASH N CARRY...how coincidental is that?

"In a brief oped likely written by his 2nd year analyst or executive assistant, titled "The Cultural Challenges of Entitlement Reform" the bald one says "bailing out the financial system went directly against our shared beliefs in free markets and fair play." Yes, you read that right. This is the same person who singlehandedly devised the biggest taxpayer blank check bailout to banks in history (until of course Europe had to bail out its own banking system two months ago, where incidentally, everything is peachykeen once again) as captured by the following email: "We have $11 trillion residential mortgages, $3 trillion commercial mortgages. Total $14 trillion. Five percent of that is $700 billion. A nice round number."

http://tinyurl.com/3x2nf8v

JR said...

Do you want to have a good laugh?

Goldman Sachs Tells A Tour-Giving Employee: "Choose Us Or The Tour"

More here:

http://tinyurl.com/32hv56z

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