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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, November 17, 2010

The Ubiquitous Goldman Sachs

Please don't think that Goldman Sachs knows any restraints or abides by any boundaries whatsoever. They desire to be everywhere and to expand beyond the ends of the earth! Of course, greed knows no bounds.

Stein: Goldman Sachs' power 'phenomenal'
Posted by:
'Parker Spitzer' staff - CNN

Actor, economist and conservative commentator Ben Stein describes Goldman Sachs' "phenomenal" power to discourage scrutiny of the Wall Street banking titan's role in the Federal Reserve's quantitative easing (QE2) plan to print money and buy $600 billion in Treasury bonds.

"When I used to write about them (Golden Sachs) negatively in The New York Times," Stein said, "I would get barraged – just bombarded – by their very, very skillful publicity arm who would talk to me, talk to my superiors; just generally make my life miserable."

You can also view the video here


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C4SS Social Media Specialist

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