I Goldman Sachs Executives Belong In Prison

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    Goldman Sachs Charged With Fraud

      Goldman, Sachs is getting busted, finally, for what to me is one of the most devious and brilliant crimes of the last decade. I can’t get into this too much but the upshot of it is that GS teamed up with a hedgie named John Paulson (no relation) to make the...
    kar120c kar120c
    46-50
    Apr 17, 2010

    Sec Says Goldman Defrauded Investors Of $1 Billion - Probably Closer To $10 Billion

    The Securities and Exchange Commission has charged investment banking titan Goldman Sachs with civil fraud over a pre-packaged mortgage instrument they say was designed to fail. Goldman Sachs created the derivative — called Abacus 2007-AC1 — in response to a...
    kar120c kar120c
    46-50
    1 Response Apr 17, 2010

    Wall Street's Bailout Hustle

    On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America's pre-eminent Marvel Comics supervillain, the CEO used the call to deploy his secret weapon: a pair of giant, nuclear-powered testicles...
    kar120c kar120c
    46-50
    3 Responses Apr 17, 2010
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