SEC charges GS with fraud

Did the SEC read the Michael Lewis book? It's funny the Big Short book was printed before the SEC made these charges and 60 minutes had a nice article about it also.
 
"The SEC said the fraud, a blow to the reputation of Wall Street's most powerful firm, was orchestrated in 2007 by a Goldman vice president then in his late 20's."

Lets blame it on a 20 year old because very few other people knew anything about it. YA RIGHT! Want to buy some Ocean Front Property in Arizona?
 
No numbnuts, this is about GS taking something that is not yet in their possession. Go count how many former GS execs hold government positions. This is one big pony show. If someone goes to jail is sure as shit won't be Blankfein or Paulson. There will be fall guys and yes, GS knew about this news release before it happened and made a load on it to pay the fine and legal fees.

Quote from nickdes:

Jail, LOL , all this government wants is a huge fine!!!!! It is purely the government taking something that is not yet in their possession
 
GS doesnt know anything ahead of time unless the government wants them to know! Now why would they want them to know anything? If the govern. is looking to blame someone they why let gs know. why not just let them die and you dont have to worry about them ever again!
 
Back
Top