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

Monday, January 17, 2011

Goldman Sachs Ready for Another Payday

Not much has changed for Goldman Sachs from a year ago. Matt Taibbi tells the story as it is and we learn what a "pig in a poke" means. Nice! It is hard to believe how great the Goldman Sachs con really was and is.

See the video here


Anonymous said...

Maybe Singapore can send over a couple of regulators to the US?

Bureaucrat Faces Life in Jail as Singapore Protects Image
Singapore may send a former government executive to prison for life to protect its graft- free image, after jailing the first of his alleged accomplices in a decade-long scam for 10 years.

“It’s a warning against complacency in both the internal controls and the quality of people in the public service,” said Ang of Norton Rose. While most people feel the fraud is an aberration rather than a systemic problem, the city should work toward regaining public confidence by closing the loopholes that were exploited, he said.

Post a Comment