When Warren Buffet invested $5 billion into Goldman Sachs everyone took that as a sign that if he had faith in GS then that just demonstrated how good that company really was. But when Goldman Sachs started getting into trouble and he came prancing out in its categorical defense I got a sinking feeling in [...]
Posts Tagged ‘Goldman Sachs’
The Wizard of Oz: Warren Buffet
Posted in Bonfire of the Vanities, tagged Goldman Sachs, Paul Farrell, Warren Buffet, Wizard of Oz on May 11, 2010 | Leave a Comment »
If Goldman Sachs Burns Will America Follow?
Posted in Bonfire of the Vanities, tagged Baseline Scenario, Goldman Sachs, Oligarchy, politics, S.E.C., Tipping Point on April 24, 2010 | 2 Comments »
Read how America has become a Banana Republic With No Bananas. I’ve been wondering for months how come Americans are not marching in the streets with pitchforks and torches, ready to burn down Wall Street.. Apparently that time has come…minus the pitchforks and torches..for now… After reading “The Sickening Abuse Of Power At The Heart [...]
Goldman Sachs Sued by the SEC
Posted in Uncategorized, tagged fraud, Goldman Sachs, SEC on April 16, 2010 | Leave a Comment »
Goldman Sachs is being accused of securities fraud by the S.E.C. for selling an investment product that was secretely designed to fail. For anyone following the debate on how to sanitize the U.S. finiancial system this is a very interesting and exciting news. See here for the Bloomberg report. And here for the New York [...]
