Posts with tag Goldman Sachs fraud

You know how when you were a kid, and you maybe did something you shouldn't have done? But you had to go back to school the next day, so you really hoped and wished and prayed that somehow, magically, you would be rendered invisible to your fellow classmates when you walked into the room? That you wouldn't be noticed? That... Continue Reading »

So what's the story? Are the creeps at Goldman Sachs the most crooked thieves known to humanity, or are they simply going about business as usual on Wall Street? Both sides of the saga have their merits. It doesn't help Goldman's case when emails surface from its reps about selling "shi***y" bonds, or from Fabrice... Continue Reading »

A scapegoat is emerging for the U.S. housing market meltdown -- and as a reason for more Wall Street regulation -- and his name is John Paulson. As the very smart manager of a hedge fund bearing his name, Paulson and Co., he created a controversial investment vehicle called the Abacus Fund for Goldman Sachs. The Abacus... Continue Reading »