Finance 3.0 - Social Network for Finance

Smart financial thinking

SEC Charges Goldman For Fraud On CDOs

CNBC's David Faber and other market insiders weigh in on the SEC's charges that Goldman Sachs allegedly committed fraud with subprime mortgages.

Views: 201

Comment by Finance 3.0 on April 16, 2010 at 12:39pm
Read the SEC's charges against Goldman Sachs and Fabrice Tourre, the employee that's been hung out to dry, here:

Comment by Finance 3.0 on April 17, 2010 at 10:57pm
Don't forget Warren Buffett's bet on Goldman stock:

Comment by Finance 3.0 on April 19, 2010 at 12:17am
Goldman Sachs' Fabrice Tourre called himself "Fabulous Fab" in an e-mail when he saw the market moving against sub-prime:

Comment by Finance 3.0 on April 19, 2010 at 12:19am
But that's not just the only bad email, here's another one:

Comment by Finance 3.0 on April 19, 2010 at 6:26pm
Goldman Sachs complete defense against the initial SEC Wells Notice it received in September 2009.


Comment by Finance 3.0 on April 20, 2010 at 10:46am

MSNBC's Dylan Ratigan does a good job breaking down in laymans terms the high level of corruption thats been going on for years in some of the nations largest financial institutions. At last, the U.S. Securities and Exchange Commission has started action to sue Goldman Sachs Group Inc., accusing the company and one of its vice presidents of defrauding investors by misstating and omitting key facts about a financial products tied to the sub-prime mortgages bubble.

Comment

You need to be a member of Finance 3.0 - Social Network for Finance to add comments!

Join Finance 3.0 - Social Network for Finance

© 2012   Created by Finance 3.0.

Badges  |  Report an Issue  |  Terms of Service