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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

Thursday, October 18, 2012

The Greg Smith Continuing Saga along with other news

Why I Left Goldman Sachs, Chapter Three: “My Alleged Competition”

More News About Greg Smith... 
Goldman Sachs Tell-All Leaked
ABC News (blog)
Greg Smith, the former Goldman Sachs vice president made famous for his scathing op-ed/resignation letter in the New York Times, is in the news again–this time for his 276-page book, “Why I Left Goldman Sachs: A Wall Street Story”, scheduled to be ...
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