The Malaysian Scandal Is Starting to Look Dire for Goldman Sachs
By Matt Taibbi
Well, finally Goldman Sachs may have bitten off more than they can chew. How about some justice for the people.
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
The Malaysian Scandal Is Starting to Look Dire for Goldman Sachs
By Matt Taibbi
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