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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

Sunday, November 13, 2011

Geithner and Goldman Sachs

Timothy Geithner's failure to regulate the banks that were under his purview during his time as President and CEO of the Federal Reserve Bank of NY has created some resistance to his policies and efforts as Secretary of the Treasury. Some view Geithner as a failure at both jobs and think that he should be fired in order to prevent another financial crisis by the TBTF banks.

The video below gives some idea of why Geithner and Goldman Sachs seem so connected to each other's interests:



You can view the video here

2 COMMENTS:

Peon said...

Accept it...they placed their vested interests into all the right places and are now and forever will be above the law...



Goldman Sachs International Advisor Mario Monti Is Italy's New Prime Minister

The squid abides:





But on the political fringes there are already those
portraying Mr Monti – who is listed by Goldman Sachs, the investment
bank, on its board of international advisers – as a tool of the “masters
of the universe”, along with Mario Draghi, head of the European Central
Bank and former Goldman Sachs executive.
 
“This is the band of criminals who brought us this financial
disaster. It is like asking arsonists to put out the fire,” commented
Alessandro Sallusti, editor of Il Giornale, a Milan daily owned by the
Berlusconi family.

http://www.zerohedge.com/news/mario-monti-italys-new-prime-minister?

Go around government said...

Starts at 12 minutes...

Max Keiser interviews Senator Mike Gravel about his direct democracy initiative and how it could empower the Occupy Wall Street movement.

http://maxkeiser.com/2011/11/12/kr209-keiser-report-cameron-osborne-on-the-run/

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