Goldman Fraud

Weekly Audit: Why Elizabeth Warren Should Head New Consumer Financial Protection Bureau

The Media Consortium | Posted 05.25.2011

Read More: Tarp, Matt Taibbi, Democracy Now!, Elizabeth Warren, Sec, Tbtf, Stacy Mitchell, Financial Reform, Annie Lowrey, Overdrafts, Cop, YES! Magazine, Kevin Drum, Alternet, Financial Fraud, Goldman Fraud, Goldman Sachs, Wall Street Reform, Goldman Sachs Fraud, Mother Jones, Zach Carter, Overdraft Fees, Goldman Settlement, Amy Goodman, Juan Gonzales, Too Big to Fail, The Washington Independent, Home News

by Zach Carter, Media Consortium blogger With the Wall Street reform bill finally cleared through Congress, activists and intellectuals are pushin...

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Fabrice Tourre Denies Fraud, Says He Relied On Goldman

Bloomberg | Posted 05.25.2011

Read More: Abacus, Goldman Sachs, Sec, Wall Street Crisis, Cdo, Fabrice Tourre Fraud, Goldman Fraud, Subprime Mortgages, Fabrice Tourre, Fab Fab, Fabrice Tourre Goldman Sachs, Financial Crisis, Business News

Fabrice Tourre, the Goldman Sachs Group Inc. executive director sued by the Securities and Exchange Commission for fraud, disputed the claims and said...

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HUGE Wall Street Settlement Could Be In The Works Over Mortgage Investigations

nytimes.com | NELSON D. SCHWARTZ and ERIC DASH | Posted 05.25.2011

Read More: Goldman Fraud, Goldman Sachs, Wall Street Settlement, Wall Street, Frank Partnoy, Banks, Sec, Wall Street Investigations, Business News

Many suggest that Wall Street banks may seek a global settlement akin to the 2002 agreement related to stock research. Indeed, Wall Street executives ...

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Goldman Sachs To Create Internal 'Business Standards Committee'

AP | ANNE D'INNOCENZIO | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Fraud, Goldman Sachs, Business Ethics, Blankfein, Goldman Sachs Fraud, Goldman, Goldman Sachs Business Standards Committee, Business Standards, Business News

NEW YORK — Goldman Sachs' embattled Chairman and CEO Lloyd Blankfein told investors Friday that the firm is creating a business standards commit...

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The Capitalist Hagiography Has Little Room for Saints

Stuart Whatley | Posted 05.25.2011

Read More: Bp, Massey Energy, Lobbying, Lobbyists, British Petroleum, Oil Spill Florida Keys, Gulf Oil Spill, Campaign Finance, Goldman Fraud, Goldman Sachs, Massey Coal Mine, Oil Spill, Oil Spill Gulf of Mexico 2010, Green News, Deepwater Horizon, Oil Spill Florida, Coal Mining, Stuart Whatley, Politics News

When a corporation falls short of regulatory standards it does not do so accidentally. Rather, it is a calculated choice based on risible enforcement efforts and piddling penalties passed by legislators on the take.

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'Shitty Deal': Goldman Exec Daniel Sparks Hammered Over Term Used To Describe Deal Made For Clients (VIDEO)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Goldman Sachs, Goldman Fraud, Goldman Hearing, That Shitty Deal, Daniel Sparks Goldman Sachs, Daniel Sparks, Goldman Sachs Shitty Deal, Goldman Shitty Deal, Shitty Deal, Dan Sparks, Dan Sparks Goldman Sachs, Daniel Sparks Goldman, Sparks Goldman, Sparks Goldman Sachs, Goldman Sparks, Business News

Scroll down for video Chairman Carl Levin, to the delight of the crowd at the hearing of the Senate Permanent Subcommittee on Investigations, continu...

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Goldman Sachs vs. SEC: All You Need To Know (Latest UPDATES)

Huffington Post | Marcus Baram and Ryan McCarthy | Posted 05.25.2011

Read More: Goldman Fraud, Goldman Sachs, Goldman Sachs News, Goldman Lawsuit, Goldman Sachs Updates, Goldman Subprime, Goldman Scandal, Goldman SEC, Business News

The SEC's lawsuit against Goldman Sachs has sent shockwaves through the financial industry and Washington, D.C. To keep up with all the latest updates...

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Shorting The Middle Class: The Real Wall Street Crime

Arianna Huffington | Posted 05.25.2011

Read More: Financial Crisis, Goldman Sachs, Goldman Fraud, Goldman Sachs Fraud Charges, Sec, Middle Class Economy, Goldman Sachs Fraud, Goldman Bonuses, Middle Class, Business News

While the SEC suit is certainly big news in itself, more important is what it says about what the financial elite has been doing to America for the last 30 years: shorting the middle class. The American people were sold on the promise of never-ending prosperity while Wall Street was overseeing a massive transfer of wealth from the middle class to the richest Americans. READ MORE Guns vs Butter 2010 We hear endless talk in Washington about belt-tightening and deficit reduction, but hardly a word about whether the $161 billion being spent this year to fight unnecessary wars of choice in Afghanistan and Iraq might be better spent helping embattled Americans here at home. READ MORE WATCH: The Economist Interviews Arianna: Is America Becoming a Third World Country?

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Top Goldman Leaders Said To Have Overseen Mortgage Unit

New York Times | Posted 05.25.2011

Read More: Abacus, Lloyd Blankfein, Goldman Sachs, David A. Viniar, Gary D. Cohn, Goldman, Goldman Fraud, Jonathan M. Egol, Fabrice P. Tourre, Business News

According to interviews with eight former Goldman employees, senior bank executives played a pivotal role in overseeing the mortgage unit just as the ...

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It's Time to Cut Goldman Sachs and the Rest of Them Down to Size

Joseph A. Palermo | Posted 05.25.2011

Read More: James Kwak, Citigroup, Sec, Senate Republican Minority Leader Mitch McConnell, Fraud, Wells Fargo, Too Big to Fail, George W. Bush, Goldman Fraud, Larry Summers, Obama Administration, Securities Fraud, Goldman Sachs Fraud Charges, Goldman Sachs, JPMorgan Chase, Bank of America, Morgan Stanley, Money Trust, Financial Meltdown, Henry Paulson, Fraud at Goldman Sachs, Timothy Geithner, 13 Bankers, Securities and Exchange Commission, Simon Johnson, Financial Crisis, Ben Bernanke, Business News

Hopefully, the SEC's pursuit of long-overdue fraud charges against Goldman Sachs is only the beginning of a process that will take the country back from these financial monopolists.

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Goldman Sachs Case Could Help Obama Shift Voter Anger

Los Angeles Times | Posted 05.25.2011

Read More: Goldman Sachs, Sec, Financial Reform, Wall Street Reform, Goldman, Goldman Fraud, Obama, Securities and Exchange Commission, Financial Crisis, Business News

Fraud charges leveled against the investment bank Goldman, Sachs & Co. center on complex financial dealings. But for President Obama, the accusations ...

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Goldman Sachs Fraud Charges Could Be Just The Beginning, Say Analysts

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Goldman Securities Fraud, Goldman Sachs, Goldman Charges, Goldman Fraud, Sec Goldman, Wall Street Fraud, Business News

Securities fraud charges against Goldman Sachs are just the beginning as federal regulators and investigators comb through the wreckage of a fraud-ind...

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Clients Worried About Goldman's Dueling Goals

New York Times | Posted 05.25.2011

Read More: Bank Regulation, Lloyd Blankfein, Bank Reform, Goldman Lobbying, Goldman Sachs, Washington Mutual, Wall Street Reform, Goldman, Goldman Fraud, Mortgage Securities, Short Selling, Megabanks, Goldman Reform, Business News

As the housing crisis mounted in early 2007, Goldman Sachs was busy selling risky, mortgage-related securities issued by its longtime client, Washingt...

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