Goldman Sachs settlement not a victory for them
I defer to Ritholtz on this. Now that Goldman Sachs has lost their will to fight and settled the case for a record breaking amount, the same media fools who told you a) this was a weak case and b)…
"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
I defer to Ritholtz on this. Now that Goldman Sachs has lost their will to fight and settled the case for a record breaking amount, the same media fools who told you a) this was a weak case and b)…
Apparently everyone is getting all pissy just because the vampire squid apparently routinely creates securities, sells them to institutional investors, then bets against them. The concern is about something called “ethics”, a word Goldmanites probably have to look up to…
Greek PM George Papandreou says they will investigate the role of US investment banks in their debt crisis and that legal action is a possibility. As previously reported here, it appears that the Vampire Squid (AKA Goldman Sachs) had their…
An editorial said the panel’s assault obscures some of the complexities of the crisis. “The broader implication raised by senators at Tuesday’s hearing — that Goldman somehow rigged the market in subprime mortgages, and that this led to the meltdown…
So says Henry Blodget at Clusterstock, a dogged Vampire Squid defender, cites a WaPo article detailing how DOJ started a wide-ranging criminal probe of Goldman before the SEC filed their civil fraud suit. Goldman can’t make a criminal investigation go…