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February 11, 2010

Goldman Sachs Links and News - February 10, 2010

Goldman Sachs Group, Inc.Goldman Sachs' CFO: We're Going To Be A Bank Holding Company
By Vince Veneziani 
Did Goldman Sachs (NYSE:GS) Help Greece Cook its Books?
American Banking News
Goldman: We Won't Slash Pay for '10
Wall Street Journal
The role of Goldman Sachs in Greek crisis
FierceFinance
» How Goldman Sachs Helped Greece to Mask its True Debt Dvorak ...
By Cherman 
Goldman Sachs Helped Greece Hide Its Treaty-Violating Deficit
The Business Insider
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5 comments:

  1. Isn't there something wrong with the ability to manipulate markets?

    Not if your goldman
    Ex-Goldman HFT Programmer Sergey Aleynikov Indicted, Faces 25 Years In Prison
    http://www.zerohedge.com/article/ex-goldman-hft-programmer-sergey-aleynikov-indicted-faces-25-years-prison#comment-227427

    ReplyDelete
  2. Volcker Speaks on the Volcker Rule


    “Nonbanks by and large are not regulated as tightly as banks,” Mr. Volcker said. But “if they got into trouble, the theory is that they will not be rescued, but they will have an orderly demise.”

    Responding to a question about Goldman Sachs, which became a bank holding company in September 2008, Mr. Volcker said they would have to make a choice.

    “The implication for Goldman Sachs or any other institution is do you want to be a bank?” he said. “If you don’t want to follow those rules, you want to go out and do a lot of proprietary stuff, fine, but don’t do it with a banking license.”

    http://dealbook.blogs.nytimes.com/2010/02/12/volcker-speaks-on-the-volcker-rule/?dlbk&emc=dlbk

    ReplyDelete
  3. They could not find anyone to bribe....so....

    Goldman Server Accused of High-Speed Voting
    February 12, 2010, 7:32 am



    A group leading a campaign to implement what it calls the Robin Hood tax, which would target bankers, says that a vote it held on the levy was hit by artificial opposition, with 5,000 votes pouring in against it the space of 20 minutes, The Guardian reports.

    The group claims that it traced the votes to two servers, one of which is registered to Goldman Sachs.

    In response to the incident, Goldman said: “We have just received this information, and we are investigating the matter fully.”

    The measure, the group’s Web site says, is “a tiny tax on bankers that would raise billions to tackle poverty and climate change.”



    http://dealbook.blogs.nytimes.com/2010/02/12/goldman-server-accused-of-high-speed-voting/

    ReplyDelete
  4. Anon- Love the links! Keep 'em coming.

    ReplyDelete
  5. Anon- how about talking with Larry about volunteering so you can post these links on the main page instead of comments? I can make a video on how to do it if you're interested.

    ReplyDelete