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Goldman Sachs Fraud

10 Things You Don't Know (Or Were Misinformed) About the GS Case

The Big Picture | Barry Ritholtz | Posted 05.25.2011 | Business

I have been watching with a mixture of awe and dismay some of the really bad analysis, sloppy reporting, and just unsupported commentary about the GS ...

WATCH: Wall Street Poker After Dark

Matthew Filipowicz | Posted 05.25.2011 | Comedy
Matthew Filipowicz

Watch as the most corrupt "Too Big To Fail" bank CEOs play a spirited game of "Taxpayer Hold 'Em"! Not with their money, but with yours!

Goldman Sachs: What Hath Fraud Wrought?

Michael Winship | Posted 05.25.2011 | Business
Michael Winship

Law professor Bill Black, one time federal regulator, spoke with Bill Moyers this week. He questions whether the SEC and the Obama White House will fully push for answers in the Goldman fraud case or any others.

Shadow Elite: Goldman Sachs - Fraud Is Not the Scandal

Linda Keenan | Posted 05.25.2011 | Politics
Linda Keenan

Americans justifiably furious with Wall Street conduct, and the havoc it's caused, might be comforted by news that regulators are taking Goldman Sachs to court, alleging fraud. They shouldn't be.

Dan Froomkin

William Black Warns That Financial Reform Bill Won't Stop The Wall Street Crime Wave

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Business

The securities fraud case against Goldman Sachs is a powerful reminder that the financial crisis responsible for millions of lost jobs and lost homes ...

Marcus Baram

Goldman Sachs Fraud Metaphors: Which Ones Are The Best? (POLL)

HuffingtonPost.com | Marcus Baram | Posted 05.25.2011 | Business

The Goldman Sachs lawsuit is like catnip to financial reporters and their editors -- not just due to the dramatic intrigue of the scandal but because ...

Jon Stewart Takes On Goldman Sachs Fraud Case (VIDEO)

Posted 05.25.2011 | Comedy

After some obligatory jabs at Jim Cramer last night, Jon Stewart took some time to break down the recent Goldman Sachs fraud case, in which in which t...

Sorry, but Charging "Fraud" on 3-2 Split SEC Vote Just Feels Wrong

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

Fraud is a serious charge. Fraud charges hurt shareholders, destroy reputations, and end careers. The assessment of whether fraud occurred should not be so subjective that 2 out of the 5 SEC decision-makers disagree with it.

Weekly Audit: How Deregulation Fueled Goldman Sachs' Scam

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

by Zach Carter, Media Consortium blogger Last week, the Securities and Exchange Commission filed fraud charges against Goldman Sachs and underscored w...

Ryan Grim

Goldman Sachs Not 'Too Big For Jail', House Dems Write Attorney General

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Democrats in the House are pressing the Justice Department to pursue a full-scale criminal investigation of Goldman Sachs, the bank hit last week with...

Spitzer: Timing Of SEC's Goldman Sachs Suit Is 'No Coincidence'

politico.com | Andy Barr | Posted 05.25.2011 | Business

Former New York Gov. Eliot Spitzer said on Monday there are "no coincidences" in the Securities and Exchange Commission filing a lawsuit against Goldm...

Bill Lucey

SEC vs. Goldman Sachs Q&A

HuffingtonPost.com | Bill Lucey | Posted 05.25.2011 | Business

As has been widely reported, Goldman Sachs was charged Friday by the Securities and Exchange Commission with defrauding investors in the sale of secur...

Shahien Nasiripour

Goldman Sachs Earnings: Bank's Profit Skyrockets To $3.5 Billion For First 3 Months Of Year

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Goldman Sachs, which is now accused by government regulators of defrauding investors, nearly doubled its income in the first quarter to nearly $3.5 bi...

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?

Wall Street Journal Taking Moral Low Ground on SEC vs. Goldman

Diane Tucker | Posted 05.25.2011 | Media
Diane Tucker

The WSJ's editors, hellbent on proving they are visiting from Alpha Centauri, defend the actions of Goldman as "more a case of hindsight bias than financial villainy."

Inside a Goldman Sachs Abacus Deal

Dear John Thain | Posted 05.25.2011 | Business
Dear John Thain

The recent news about Goldman, especially the deep dive by the NYT, has focused on a transaction that, until now, not many people knew about and even fewer people understood.

Mark Kirk Returns Campaign Cash To Goldman Sachs, Giannoulias Camp Says Kirk Puts Wall Street First

Posted 05.25.2011 | Chicago

After months of grilling Alexi Giannoulias for his family's bank woes, Republican Senate candidate Mark Kirk has his own mess to deal with: the thousa...

The SEC Chose Its Charges Wisely Against Goldman

Charles H. Green | Posted 05.25.2011 | Business
Charles H. Green

The SEC chose to charge Goldman Sachs with something that's not only illegal, but resonates easily with Main Street as also being unethical. This is a welcome sign -- a charge that at least tries to re-unite the legal and the ethical.

Goldman Sachs Alum Receive Threatening Phone Calls From Their Alma Mater

Vicky Ward | Posted 05.25.2011 | Business
Vicky Ward

It goes without saying that if Goldman Sachs has done nothing wrong, it shouldn't need to "control" the words of those who left the firm a long time ago.

Goldman Nailed Finally

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Goldman Sachs deserves to lose the lifeline extended to it and its biggest accounts receivable, AIG.

CalPERS To Examine Goldman Practices

AP | CATHY BUSSEWITZ | Posted 05.25.2011 | Los Angeles

SACRAMENTO, Calif. — The chief investment officer of California's giant pension fund said Monday he is disturbed by the allegations of wrongdoin...

Fraud at Last

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

The SEC's suit against Goldman Sachs is a start. Before this is over, senior executives need to be brought before the bar of justice and the existing system and its biggest players need to be broken up.

Goldman Sachs Fraud Case Is a Distraction From the Real Issue of Substantial Financial Reform

David Paul | Posted 05.25.2011 | Business
David Paul

The SEC charges against Goldman may or may not stick, but it should be clear to all that the system has gone badly awry and needs massive reform.

Goldman Sachs Bonuses: Bank Paying Staff Over $5 Billion For Just Three Months Work

AP | GREGORY KATZ and GEIR MOULSON | Posted 05.25.2011 | Business

LONDON — Goldman Sachs is facing a potential backlash in Europe over the fraud case brought against it in the United States, with Britain's Prim...

Germany vs. Goldman Sachs: Government Considering Legal Action

AP | Posted 05.25.2011 | Business

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