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, September 11, 2010

Goldman Sachs Links and News - September 8 - 11, 2010

Goldman Sachs fined £20m by FSA | Business | The Guardian
Goldman Sachs Hit With UK Fine
Wall Street Journal  
Goldman Said to Be Fined Less Than $30.9 Million by UK Over Abacus Probe
Goldman's hedge fund factory winding down
Michael Lewis: World would be better 'without Goldman Sachs'

Seattle Post Intelligencer (blog)
Goldman's still got it, at least on Wall Street
Los Angeles Times (blog)
Everyone May Hate Goldman Sachs, But Goldman Still Loves Itself ...
By Jessica Pressler
Politico: Is a Goldman Sachs consultant likely to replace Rahm?
AMERICAblog (blog)
 Goldman Leans Republican
 Goldman Sachs Shifts Majority Of Political Contributions To Republicans
Huffington Post (blog)

GS Employees Leaving...
Goldman Sachs Economist O'Neill Named Asset Management Chairman
BloombergGoldman Sachs M&A chief to join GSK as CFO
Accountancy Age


Anonymous said...

Basel III Announcement - A Quick Analysis

Indeed, it's about what the former legal limit was before Henry Paulson, as head of Goldman, got the SEC to lift it from the investment banks.

Anonymous said...

Would you say that the rigging of the gold market is the precondition to rig other markets or is it rather the case that it is necessary to rig the other markets because one has begun to rig the gold price?

Well, good point. We think it all started with the rigging of the gold price. My colleague Chris Powell says: “There are no markets anymore, just interventions.“ I think that's true.

The gold price rigging started a long time ago with

Robert Rubin when he supervised Goldman Sachs‘ London business

and used cheap gold loans to fund their operations. We learned all about it from GATA supporter Brian Hinchcliffe who reported to Rubin in the late 1980‘s.

Anonymous said...

Goldman Sachs: Bullies on the Block

Arianna Huffington's new book, Third World America: How Our Politicians are Abandoning the Middle Class and Betraying the American Dream

speaks for the disenfranchised middle class: Americans that have lost wages, lost jobs, lost value in homes, and lost substantial value in investments and retirement funds. The U.S. middle class is being scammed out of existence. Wall Street and large corporate special interests -- including energy companies, large financial institutions, drug companies, and the large military industrial complex -- effectively bought Washington.

The recession was over for bailed-out banks paying billions in bonuses. Taxpayers fund Wall Street with nearly zero-cost loans, and Congress changed accounting rules in April 2009 so that Wall Street firms could hide losses to create the illusion of "big profits," as they try to fill the gaping holes in their balance sheets.

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