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
Here is a reminder of what Goldman Sachs is now and will be in the future. There are other GS videos here.
1 COMMENTS:
Anonymous
said...
Yeah they are always ahead of the curve...what an understatement with how they have positioned themselves.
Thursday, August 19, 2010 UPDATE: The Revolving Door Between Goldman Sachs and the Obama Administration http://www.goldmansachs666.com/2010/08/update-revolving-door-between-goldman.html
Little wonder then, that Goldman and Rubin heavily funded Obama as a Senator (his biggest campaign contributor) and as a presidential candidate. Goldman Sachs employees (and they were not the floor cleaners) contributed $994,795 to Obama’s presidential bid, almost four times the amount they gave to his Republican opponent, according to OpenSecrets. Over Obama’s entire career, Goldman has been his second biggest contributor, according to OpenSecrets, giving him more than $1,051,000. Goldman not only wanted Obama to win, they paid lots of money to insure that their man would occupy the White House. Again, as William Black noted:
"The highest return on assets is always a political contribution."
1 COMMENTS:
Yeah they are always ahead of the curve...what an understatement with how they have positioned themselves.
Thursday, August 19, 2010
UPDATE: The Revolving Door Between Goldman Sachs and the Obama Administration
http://www.goldmansachs666.com/2010/08/update-revolving-door-between-goldman.html
Little wonder then, that Goldman and Rubin heavily funded Obama as a Senator (his biggest campaign contributor) and as a presidential candidate. Goldman Sachs employees (and they were not the floor cleaners) contributed $994,795 to Obama’s presidential bid, almost four times the amount they gave to his Republican opponent, according to OpenSecrets. Over Obama’s entire career, Goldman has been his second biggest contributor, according to OpenSecrets, giving him more than $1,051,000. Goldman not only wanted Obama to win, they paid lots of money to insure that their man would occupy the White House. Again, as William Black noted:
"The highest return on assets is always a political contribution."
http://seminal.firedoglake.com/diary/43559
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