Saturday, April 16, 2011

Goldman Sachs Ripped Off And Misled Clients, Senate Report Says

Goldman Sachs Ripped Off And Misled Clients, Senate Report Says

Facebook Post by: US Uncut-Michigan

"Last year's financial reform law includes a section authored by Levin that tries to clean up the markets by prohibiting firms from betting against securities they sell to their clients. Levin pointed to Goldman's activities as a primary reason for why he wanted that in the new law"~article
Goldman Sachs Ripped Off And Misled Clients, Senate Report Says
www.huffingtonpost.com
Goldman Sachs, the nation's fifth-largest bank by assets, systematically misled clients, sold them financial instruments it knew was junk, bet against them and profited off of their losses, according to a Senate report released this week. The report, the product of a two-year investigation, paints... Full Article Here