Skip to content

Goldman Sachs

by Gormack on July 16th, 2010

In the settlement announced yesterday between Goldman Sachs and the SEC, Goldman acknowledged that they provided investors with “Incomplete Marketing Information”.

For monstrous fraud whereby this company looted untold billions from foundations, municipalities, pension funds, and individual investors, Goldman Sachs is owning up to “Incomplete Marketing Information”.

No perpetrator of a crime that dwarfs all the armed robberies ever committed will ever face justice – and they will keep the stolen money!

“The Osgood File” had a good editorial on the settlement:

http://www.westwoodone.com/pg/jsp/osgood/transcript.jsp?pid=30095

From → Crime

No comments yet

Leave a Reply

Note: XHTML is allowed. Your email address will never be published.

Subscribe to this comment feed via RSS