SEC charges GS with fraud
- Thread starter nitro
- Start date
In the market? In America, thats what this freedom thing is all about.
ABN Amro 800 + million, IKB from Germany 150 million...
This is a beautiful statement and potentially a nail in their coffin so to speak probably made in a panic without approval from legal.
This statement was made to all shareholders and the general public without any safe harbor disclosures. All investors may rely on this representation and invest with confidence in Goldman Sachs... If later it is found that this statement was not true then everyone has the right to sue Goldman Sachs and Lucas van Praag and Dane Homes in their individual capacity for fraudulent and misleading statements made to induce or continue on with investments in Goldman Sachs.
Goldman Sachs Responds to SEC Complaint
April 16, 2010
New York, NY, April 16, 2010 -- The Goldman Sachs Group, Inc. (NYSE: GS) responds to a complaint filed by the SEC today.
The SECâs charges are completely unfounded in law and fact and we will vigorously contest them and defend the firm and its reputation.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
Media Contact:
Lucas van Praag
Tel: 212-902-5400
Investor Contact:
Dane Holmes
Tel: 212-902-0300
This statement was made to all shareholders and the general public without any safe harbor disclosures. All investors may rely on this representation and invest with confidence in Goldman Sachs... If later it is found that this statement was not true then everyone has the right to sue Goldman Sachs and Lucas van Praag and Dane Homes in their individual capacity for fraudulent and misleading statements made to induce or continue on with investments in Goldman Sachs.
Goldman Sachs Responds to SEC Complaint
April 16, 2010
New York, NY, April 16, 2010 -- The Goldman Sachs Group, Inc. (NYSE: GS) responds to a complaint filed by the SEC today.
The SECâs charges are completely unfounded in law and fact and we will vigorously contest them and defend the firm and its reputation.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
Media Contact:
Lucas van Praag
Tel: 212-902-5400
Investor Contact:
Dane Holmes
Tel: 212-902-0300
The response from some of my friends who are calling me is, the timing of this smells political. Perhaps, but what does it matter? So, we know markets are full of crooks, and Washington is full of people with agendas?
Then we have the pundits on TV that this is just a blip and that we need to worry about the long term. I have one word for them, ROME.
Then we have the pundits on TV that this is just a blip and that we need to worry about the long term. I have one word for them, ROME.
