The Radford Free Press – Page 393 – All life is problem solving.

Economics / banking, fraud, Goldman Sachs /

Afterword On Goldman

April 18, 2010

One last point: During the upcoming defense against the SEC the leaders of Goldman will most likely be forced to disavow all knowledge of the deals under scrutiny. They will pass the buck down into the organization. It seems Goldman’s vast profit rested either on fraud or on dumb luck. Either way: it wasn’t skill. […]

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 […]

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