SEC charges GS with fraud

Quote from nitro:

I doubt GS engages in anything worse than any other firm of its size and influence. The problem isn't specific to GS, ...
More...

See?

Stifel Defrauded Wisconsin School Districts: SEC

http://www.cnbc.com/id/44090267

Apparently this happened in the '20s to the point where western civilization was coming apart at the seams. The problem is that people aren't alive today to remember those lessons. I suspect this is the last time in history this occurs on the scale that it did in the 20s and today. With the internet, our memories will be much much longer...
 
Quote from nitro:

I doubt GS engages in anything worse than any other firm of its size and influence. The problem isn't specific to GS, it is to the pressure that is put on these firms, particularly firms that believe they are some sort of deity. It is a societal US problem, because so many of us rely on stock prices and indirectly corporate profits to fund our retirements. As the US population has aged, corporations reflect our moral standards or lack-thereof. GS is a mirror that is a reflection of us as a society.
More...

So it is up to the young people to check the old people who get too greedy?

"Listen grandma, grandpa. You're too rich and you're not using that money for anything worthwhile. I'm going to take some of that back because I'm actually doing something productive for society at the moment... you're just sitting on your assets."
 
Quote from ProfitMagnet:

So it is up to the young people to check the old people who get too greedy?

"Listen grandma, grandpa. You're too rich and you're not using that money for anything worthwhile. I'm going to take some of that back because I'm actually doing something productive for society at the moment... you're just sitting on your assets."
More...
What?
 
You must log in or register to reply here.
Back
Top