GoldmanSachs666 Message Board

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

Thursday, May 19, 2011

Goldman Sachs In The News - May 19, 2011

It's Getting Harder To Defend Goldman Sachs | eWallstreeter
By Forbes - 
MATT TAIBBI: Goldman Sachs Executives Lied To Their Customers And ...
Matt Taibbi, the Rolling Stone writer who labeled Goldman Sachs a "vampire ... Taibbi argues that Goldman Sachs executives lied when they testified in front ...
finance.yahoo.com/.../matt-taibbi-goldman-sachs-executives-li...

Journalists spar over Goldman Sachs' potential criminal activity ...
Rolling Stone's Matt Taibbi and the Atlantic's Megan McArdle argue over whether there should be prosecutions.
www.salon.com/news/feature/.../goldman_criminal_argument

Levin in 'real hope' of fresh Goldman probe
Financial Times
Goldman Sachs partner diaspora leaves a changed firm behind
FierceFinance
Feds, NYS probing banks over mortgage crisis
New York Post
Sources told The Post that Schneiderman will launch an investigation in the next few weeks into Bank of America, Goldman Sachs and Morgan Stanley
...
Will the Banks Finally Have to Answer?
New York Times
Gretchen Morgenson reported in The Times on Tuesday that Eric Schneiderman, the New York attorney general, wants to discuss mortgage operations during the housing bubble with executives of Bank of America, Goldman Sachs and Morgan Stanley. ...

 Goldman Sachs in danger of looking average | Reuters Breakingviews
By Jeffrey Goldfarb
 Raj Gupta Was Merely Trying to Fulfill His Destiny As a Billionaire Eagle
New York Magazine
Wall Street turns on Wall Street, finally
Fortune (blog)
Reading between the lines of a rare sell rating on Goldman Sachs, is the game up on Wall Street?

Goldman planning to bankroll new hedge funds

San Francisco Chronicle

...Justice For All

If  we believe in American and American Justice then we must believe that one day the banksters of Wall Street will be brought to justice.  I, for one believe even though at times it seems improbable. Often I have thought that justice would be served long after I am gone (I have been given an extension of life by my doctors but they would not offer a guarantee).  

Persistence, however, in keeping the effort alive and in front of people like you -our audience - will make it happen much sooner then later.  I truly believe I will be around to see it.

Main stream media has a very short attention span.  What was yesterdays news remains in yesterday.  I would love to see a cable network devoted to a 24/7 exposure of Goldman Sachs and the bankster cartel.  It seems difficult to fill 24/7 programming thus all the repetition.  On the GoldmanSachs666 cable channel the repitition would be limited.  There is plenty of material for programming.  Crime TV - now TruTV could use the competition.  The more we hear about the crimes and illegal behaviors of this very well organized and ongoing criminal activity the more our lawmakers and enforcers will have to pay attention.

All empires seem to fall eventually.  Corporate empires have never been immune to failure either. The airline industry had giants that fell, the auto industry the same and even Big Blue (IBM) has lost much of its luster.  

The shine is also wearng off on Wall Street as evidenced by several of the articles linked above.  There are those who do not forget and those - like us - who feel the story needs to continue to be told.

I applaud those in media and in government who are not afraid to stand up to stand up and be counted.  Those who are not afraid of tarnishing their careers or ruffling powerful feathers.

Be patient my fellow Americans.  Justice will ultimately prevail.  Bernie Madoff will have many cell mates with whom to share their stories of their arrogant and often times very visible criminal activities.  

"With Liberty and Justice For All"

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