Goldman-Sachs Executive's Exposé

Stock and Bond Fraud, including Boiler Rooms / Pump and Dump Schemes, Mutual Fund & Hedge Fund Fraud, FOREX scams, plus Churning, Private Placements, Venture and Bridge Funding, IPOs, Viaticals Fraud, HYIP and Prime Bank scams, MTNs, Historical Notes, Recovery Schemes, etc. Includes the Jim Norman Project and the Michael Dotson Project and similar HYIP scams.
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Number Six
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Goldman-Sachs Executive's Exposé

Postby Number Six » Thu Mar 15, 2012 5:01 pm

http://www.nytimes.com/2012/03/15/busin ... &st=Search

This op-ed yesterday sent shock waves through the company. What do you suppose are his chances of keeping his stock-options or other perks connected to his employment there?

As Matt Taibbi notably said, Goldman is a "great vampire squid wrapped around the face of humanity" in his "Rolling Stones" article.
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

'Choose loss rather than shameful gains.' (Chilon Fr. 10. Diels)

Judge Roy Bean
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Re: Goldman-Sachs Executive's Exposé

Postby Judge Roy Bean » Thu Mar 15, 2012 6:01 pm

This is nothing new for Blankfein's operation; last year they paid over half-a-billion in a settlement with the SEC and Fabrice Tourre was also charged. If you go back into the last decade there was another settlement for $40M.

And lets not forget Goldman board member Rajat Gupta nor the on-going SEC investigation into mortgage bond operations.

It's a cultural thing. Fines are just a cost of doing business.
The Honorable Judge Roy Bean
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Doktor Avalanche
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Re: Goldman-Sachs Executive's Exposé

Postby Doktor Avalanche » Fri Mar 16, 2012 9:52 am

This being the same guy who worked there for 12 years, made half a million a year salary-wise and checked out right after he got his bonus check?

Yeah...screw him.
The laissez-faire argument relies on the same tacit appeal to perfection as does communism. - George Soros

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Number Six
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Re: Goldman-Sachs Executive's Exposé

Postby Number Six » Fri Mar 16, 2012 4:51 pm

I don't know what Matt Taibbi's bias was but his article went a lot further than Mr. Smith's: http://www.rollingstone.com/politics/ne ... e-20100405
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

'Choose loss rather than shameful gains.' (Chilon Fr. 10. Diels)


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