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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, March 28, 2013

Goldman Sachs and Running for Office as a Corporate "Person"

Here is another take on Goldman Sachs running for office which shows just how perverted the political system is and how much influence finance has on government policy:

Shareholders proposes Goldman Sachs run for office as a person
By Chris in Paris - Americablog

In what appears to be a case of a shareholder trolling Goldman Sachs before its annual meeting, the shareholder suggested that the Wall Street titan run for political office, per the Supreme Court’s (and Mitt Romney’s) position that corporations, like Soylent Green, are people.

The shareholder was basically fed up with Goldman being one of the biggest corporate political [lobbyists] in American history, and suggested that it would be more honest is Goldman simply ran for office itself and stopped wasting shareholder money on lobbying.

Goldman Sachs rejected the discussion (after checking first with the SEC – hope springs eternal).

Read the whole article here


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