| Subject: | Goldman Sachs Caught In Fraud by SEC |
|---|---|
| Date: | Fri, 16 Apr 2010 07:59:20 -0700 |
| From: | Jas Jain |
Goldman Sachs Caught In Fraud by SEC, just reported on Bloomberg.
What else is expected from these perennial crooks? I have been exposing this fraudster for a dozen years when I christened the firm Goldchain Silverknife. This firm of born-and-bred fraudsters, raised in a culture of fraud, should have been banned a very long time ago but when they control the USG you can forget that. There are consequences when proven crooks take over the govt.
Jas
Kirk here: Yes Jas. It seems the SEC has suddenly decided it is illegal to make money on commissions selling fire insurance then shorting insurance companies that paid them after they figure out it is fire season and an arsonist has targeted the buildings they sold insurance for.
I've never understood how any thinking person can trust what anyone tells them who sells them a product be it used stock certificates for internet companies that don't make money or CDOs that most never understood at all, especially if the selling party can secretly take the opposite side of the trade at a later date.... which they all can and often do.
This is probably why you and I make money with completely different methods while most lose money.
Posts
No comments:
Post a Comment