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Goldman Fraud

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

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

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

Fabrice Tourre Denies Fraud, Says He Relied On Goldman

Bloomberg | Posted 05.25.2011 | Business

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

HUGE Wall Street Settlement Could Be In The Works Over Mortgage Investigations | NELSON D. SCHWARTZ and ERIC DASH | Posted 05.25.2011 | Business

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

Goldman Sachs To Create Internal 'Business Standards Committee'

AP | ANNE D'INNOCENZIO | Posted 05.25.2011 | Business

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

Stuart Whatley | Posted 05.03.2010 | Politics
Stuart Whatley

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.

Shahien Nasiripour

'Shitty Deal': Goldman Exec Daniel Sparks Hammered Over Term Used To Describe Deal Made For Clients (VIDEO) | Shahien Nasiripour | Posted 05.25.2011 | Business

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

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

Huffington Post | Marcus Baram and Ryan McCarthy | Posted 05.25.2011 | Business

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...

Shorting The Middle Class: The Real Wall Street Crime

Arianna Huffington | Posted 05.25.2011 | Business
Arianna Huffington

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?

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

Joseph A. Palermo | Posted 05.25.2011 | Business
Joseph A. Palermo

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.

Top Goldman Leaders Said To Have Overseen Mortgage Unit

New York Times | Posted 05.25.2011 | Business

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

Goldman Sachs Case Could Help Obama Shift Voter Anger

Los Angeles Times | Posted 05.25.2011 | Business

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

Shahien Nasiripour

Goldman Sachs Fraud Charges Could Be Just The Beginning, Say Analysts | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Clients Worried About Goldman's Dueling Goals

New York Times | Posted 05.25.2011 | Business

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