All Entries Tagged With: "Goldman Sachs"
SEC Charges NJ With Cooking the Books
Notable in the statement from the Securities and Exchange Commission (SEC) last week that it was charging the State of New Jersey with securities fraud was the lack of fines, punishment, or names of the guilty. The fraud began in 2001 and wasn’t uncovered until the New York Times exposed it in April of 2007.
Behind Friday’s Jobs Report: The Real Numbers
Buried in Friday’s employment report from the Department of Labor Statistics were two key numbers that reflected the slowdown in the economy so long denied by the administration:
For Goldman Sachs, the Greece Fleece Is Another Ripoff
When Goldman Sachs was implicated in helping Greece deceive the European Union and its own citizens about the extent of its debt and deficits, it was another stone in the growing pile of evidence illustrating the incestuous relationship between governments and central banks.
Inside Goldman
Although the investigation is in its early stages, inside sources say that the SEC is trying to determine whether securities laws or rules of self-dealing were violated by [firms like Goldman and others] that created and sold these mortgage-linked debt instruments and then bet against the clients who purchased them.
Captains of the Economy: The ‘Good Ol’ Boy’ Network is Alive and Well
In its attempt to glorify “the 10 who shaped the U.S. economy the most since 2000,” ABC News did a great favor for those interested in the interconnections among the “elite” who are impacting the current world economic and political scene. Naturally, much was left unsaid about these “captains,” especially regarding their connections to the […]
