Goldman Sachs: Information, Comments, Opinions and Facts: Goldman Sachs Daily Links and News Week in Review

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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

Image via WikipediaWall Street Roundup: Early bonuses, getting rid of Goldman Sachs
Los Angeles Times (blog)
Axa holdings in Goldman Sachs halved during last quarter
Telegraph.co.uk
Jim Cramer Bailing On Goldman Sachs; Says Brand Is Tarnished (GS)
Benzinga
Goldman Sachs Spends $1.58M on Lobbying in 2nd Qtr
ABC News
Lawyers for Lehman Are Seeking Records From Hedge Funds and Goldman
New York Times
Wall Street Roundup: Lingering Lehman lessons. Cramer turns on Goldman.
Los Angeles Times (blog)
Blind Item: Which Goldman Sachs VP Is About to Be Thoroughly ...
By Jessica Pressler
Huge Lobbying Bill For Goldman Sachs Group (NYSE:GS)
By Finance Wire
Goldman Sachs invests to get its image right in China
Telegraph.co.uk
Think Tank: Is Goldman Sachs trying to destroy China? | Hear in Taiwan
By Huang Shihhan
What's it really like working as a top quant at Goldman Sachs?
FierceFinanceIT
Hard Times for Wall Street's "Sell Night" Recruits
BusinessWeek
By Roben Farzad In late July, Goldman Sachs (GS) hosted an exclusive dinner for recent college graduates at a Ruth's Chris restaurant in midtown Manhattan.
Goldman to close principal strategies desk-report
Reuters
Goldman shutting prop trading desk: report
Reuters
Goldman shutting principal strategies unit: report
MarketWatch
Arthur Levitt, Policy Advisor, Goldman Sachs | Analyst Wire | Find ...
Robert Creamer: Another Reason to Break up Big Wall Street Banks
By Robert Creamer
Goldman Sachs Documents Subpoenaed by U.S. Financial-Crisis ...
By Forex-Tools

Famous Quotes

The men the American people admire most extravagantly are the greatest liars; the men they detest most violently are those who try to tell them the truth. … H.L. Mencken

An age is called Dark not because the light fails to shine, but because people refuse to see it…James Albert Michener, novelist (1907-1997)

It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has so far corrupted and prostituted the chastity of his mind as to subscribe his professional belief to things he does not believe he has prepared himself for the commission of every other crime. … Thomas Paine 1737-1809, Anglo-American Political Theorist, Writer

Laws just or unjust may govern mens actions. Tyrannies may restrain or regulate their words. The machinery of propaganda may pack their minds with falsehood and deny them truth for many generations of time. But the soul of man thus held in trance or frozen in a long night can be awakened by a spark coming from God knows where and in a moment the whole structure of lies and oppression is on trial for its life.: Sir Winston Churchill

When governments fear the people, there is liberty. When the people fear the government, there is tyranny. - Thomas Jefferson

When cheaters prosper, we end up with the worst possible system and to call it a free market system is an obscenity. -William Black

When the people fear their government, there is tyranny; when the government fears the people, there is liberty." - Thomas Jefferson

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered.
Thomas Jefferson - 1802

Don't be afraid to see what you see.

..................................... Ronald Reagan

When the people and the government fear Banksters like Goldman Sachs and JP Morgan, there is economic dictatorship that will destroy the very fabric of our existence as a civilized society.
Mike Morgan

Let me control the money of a nation and I care not who makes its laws.
Meyer Amsheil Rothschild

Together We Can Make A Difference!
Larry Rubinoff
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Sunday, September 5, 2010

Goldman Sachs Daily Links and News Week in Review - August 6-12, 2010

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