Goldman Sachs fraud

[kwagga]

Well, what do ya know? America has got a conscience after all. I hope they expose this moral bankrupt company to the bone. Unbelievable how one company can abuse their power to the expent Goldman did. They are nothing more than financial terrorists. I hope they get only what they deserve. They are beginning to show the signs of a Wall Street leper. Even Buffets image might tarnish because of his investments into this company.

[john_1]

sorry not really been following the market for a while what has happened..?

[doomsdayza]

http://www.ritholtz.com/blog/ lots of stuff on there about it all (including pictures!)

[kwagga]

http://www.marketwatch.com/story/goldman-had-9-months-warning-from-sec-report-2010-04-17 http://www.marketwatch.com/story/goldman-sachs-may-face-uk-german-scrutiny-2010-04-18

[Werner_1]

Yip, it will be interesting to see what happens. This creates a buying opportunity for other financials though. I hope to get more Citigroup shares on the cheap shortly.

[warhippo]

The fact remains that governments can regulate Banks, but cant regulate human nature that is so easily seduced by prospects of financial profits.

[warhippo]

Financials dropping word wide since early this am. and depending on C's numbers to-day, it might be the last chance to get them for cheap - nice opportunity.

[kwagga]

This is the type of news that breaks the camel's back - a.k.a market correction. This will create buying opportunities, and I think it will come quickly and disappear just as quickly.

[#9]

My thoughts exact,.. Like everyone thought Goldman was Jesus's cousin in the first place,. Gordon Brown acts so surprised,. oh give us a break!!,.. Main thing is Mercury is not raking it's regular retro havoc,.. "Expect delays",..

[#10]

The whole monetary system is bad it needs to be redesigned. There are more Goldman Sachs around and this is just the begining, more cases of fraud will follow soon. The same happened with the Lehmann Bros, after their case more banks and insurances followed suit.

[#11]

aka,.. NORTHERN ROCK,.. Iceland etc etc,.. Money pile blown sky high,. The mountain of money,.. All the kings horses and all the kings men,. couldn't tape poor old lehman/beare/lynch/morgan/goldmans together again,.. And of couse,. hey you bet ya,. More regulation,. to save us from our nasty selves,. this is all co-ordinated to the teeth,..

[Werner_1]

JPMorgan didnt fall apart. They have proper management... Citi fell apart, but its the best opportunity there is at the moment! I have over 17% profit in less than 1 month with normal "common stock", even with this GS issues.

[#13]

Nice one Werner, three cheers!!!.. Don't take falling apples out a tree for granted though,..