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    Economics / Ayn Rand, banking, fraud, Goldman Sachs, mortgage backed securities, Paulson, SEC /

    Goldman, Fraud, and Philosophy

    April 18, 2010

    A number of you have may be wondering why the Goldman fraud case is worth following in close detail. So in this rare Sunday morning edition I will explain why I, for one, believe that the SEC case against Goldman represents a sea change for us all. The most intriguing implication of the case is […]

    Economics / banking, fraud, Goldman Sachs, Wall Street /

    Fraud On Wall Street

    April 17, 2010

    It is not smart to withhold vital information from a customer. It is not clever to sell something you know in advance is rotten. It is not brilliance that generates profits from rigging the game in your own favor. It is fraud. Fraud. Period. What we have learned about Goldman simply reinforces the urgent need […]

    Economics / banking, fraud, Goldman Sachs, mortgage backed securities, SEC /

    Goldman Under Scrutiny For Fraud

    April 16, 2010

    As you no doubt now know Goldman Sachs is being accused of trickery in its marketing of a certain securitized deal. The SEC is attacking an aspect of the Goldman business model that many of us find repugnant. Whether Goldman broke the law will be difficult to prove. That it was reckless and unethical is […]

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