Tag Archives: Goldman Sachs
The Careerists
Chris Hedges truthdig.com The greatest crimes of human history are made possible by the most colorless human beings. They are the careerists. The bureaucrats. The cynics. They do the little chores that make vast, complicated systems of exploitation and death … Continue reading
The missing billions
A film about the impact of the cuts in the UK, and the alternative. The film centers on the court case being brought by UK Uncut Legal Action against HMRC over a tax deal done between the revenue and Goldman … Continue reading
Goldman Banker goes Rogue amid the Fed’s Recent Stress Tests w/Naked Capitalism’s Yves Smith
RT Welcome to Capital Account. Goldman Sachs gets outed in a scathing resignation letter on the New York Times op-ed page today from executive director and head of Goldman Sach’s US equity derivatives business in Europe, Greg Smith. In the … Continue reading
Goldman Sachs: Social Security and Medicare Are ‘Weaker’ Promises Than Debt
Peter Coy Bloomberg A report released today by Goldman Sachs says that if push comes to shove, the federal government will pay its lenders before it pays Social Security and Medicare beneficiaries. Debt service “should be seen as the top … Continue reading
Greece Scammed By Goldman While Trying To Meet EU Financial Terms
Alexander Higgins Alexander Higgins Blog While trying to meet the terms of the EU Treaty, Goldman Sachs’ duped Greece in a derivative transaction disguised as a loan leaving taxpayers on the hook for $793 million. A Bloomberg report on Goldman … Continue reading
Goldman to face mortgage debt class-action lawsuit
Source: Reuters Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. U.S. District … Continue reading