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

Sunday, August 22, 2010

Michael Moore vs Goldman Sachs ( with bill maher) video

 Bill Maher interviews Moore while Moore stands in front of the Goldman Sachs building in New York.  His comments about GS a little more then midway through are worth the watch.


OTHER VIDEOS:

Bloomberg's Harper Interview on Goldman Sachs
Aug. 16 (Bloomberg) -- Bloomberg's Christine Harper discusses stock options exercised by Goldman Sachs Inc. executives. Chairman and Chief Executive Officer Lloyd Blankfein made $6.1 million by exercising options granted to him in 2000 that were due to expire in November. Harper, speaking with Erik Schatzker on Bloomberg Television's "InsideTrack," also discusses Goldman's role in General Motors Co.'s initial public offering. (Source: Bloomberg) 

Cannot embed...click here...for video

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Posted by Larry Rubinoff

3 COMMENTS:

JR said...

Here's an article explaining how some companies survive their bad reputations and how others earn their reputations. Apparently, any companies showing "hypocrisy" or who are open to "ridicule" have the hardest times overcoming bad press. The best thing to do, then, is to keep GS before the public eye.

In Case of Emergency: What Not to Do

By PETER S. GOODMAN

WHOEVER suggested that all publicity is good publicity clearly never envisioned the wave of catastrophe engulfing high-profile corporations over the last year, laying waste to some of the most meticulously tailored reputations on earth.

More here:

http://tinyurl.com/28b3c3v

August 22, 2010 at 10:48 AM
Larry Rubinoff said...

Thanks JR. I have already posted this article and my comments for publication tomorrow AM.

Would you like to volunteer to post to the main body of this blog. If so, send me an email with a contact number.

Larry

August 22, 2010 at 4:06 PM
Anonymous said...

It's like Goldman and peers swallowed a whole population of people...



While America's super-rich congratulate themselves on donating billions to charity, the rest of the country is worse off than ever. Long-term unemployment is rising and millions of Americans are struggling to survive. The gap between rich and poor is wider than ever and the middle class is disappearing.


There are many discrepancies in America in the wake of the financial crisis. On the one hand, the Fed is constantly printing fresh money, and the government spent $182 billion to bail out a single company, the insurance giant AIG.

http://www.spiegel.de/international/world/0,1518,712496,00.html

August 22, 2010 at 4:23 PM

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