Friday, April 16, 2010

Breaking: SEC charges Goldman Sachs with FRAUD!

Goldman Sachs is being charged with fraud in a civil case by SEC (Security and Exchange Commission). Essentially, the SEC is charging Goldman Sachs with creating a basket of toxic assets, selling them to their customers and then begging against the deals. DIRTY! DIRTY! DIRTY!

Paulson & Co. not charged in SEC suit against Goldman


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  2. Bill Black who was a regulator during the savings and loan crisis of the 1980's said John Paulson and Company could and should be charged as co-conspirators. My guess is a show trial with no one going to jail.When are they sending Dick Fuld of Lehman Brothers to jail?