A Summary of the Goldman Sachs Fraud Case, and the Downfall of Icons

Goldman Sachs is facing a near-record fine from the UK’s financial regulator following a five-month investigation into the investment bank’s international business initiated in the wake of fraud charges against the company in the US.

The Home Equity Theft Reporter: Connecticut AG Files Suit Against Out-Of-State Company Running Allegedly Bogus Upfront Fee Loan Modification Scam U.S. Attorney General Investigates Violations of Military Loan Protections by David Benoit , The Wall Street Journal , January 28, 2011 NEW YORK- The U.S. Attorney General has "several" ongoing investigations into violations of a law meant to protect active-duty members of the military from high interest rates and foreclosures.

Goldman. This is fraud, pure and simple. Goldman did not stand by and allow ACA to make its picks. Goldman and Paulson aggressively influenced the selection process, vetoing the good mortgages, and manipulating ACA, setting them up to be the fall guy in what is clearly a premeditated fraud.

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News: April 16, 2010. >> Goldman Charged With Fraud by SEC Goldman Sachs shares tumbled Friday after the SEC charged the broker with fraud related to its sale of subprime mortgage-backed securities. >> Dow Closes Down 126 Points After goldman fraud charge stocks ended the week deeply in negative territory after the SEC charged Goldman Sachs.

The Justice Department arrested former Goldman Sachs banker Ng Chong Hwa in Malaysia on Thursday, and unsealed charges against Tim Leissner, another ex-Goldman banker, who has already pleaded.

Despite Tony Abbott’s protestations to the contrary, there is no golden rule in Australian politics damning a governing party that changes leaders mid-stream to eternal political opprobrium, writes.

7 Ways to Finance Your Parents’ Elder Care as They Get Older The holidays can be a good time to talk with your aging parents about their finances. But it’s a delicate topic. Consumer Reports explains how to help your elderly parents with their finances.

Goldman Sachs charged with fraud by SEC. The lawsuit puts Goldman chief executive lloyd blankfein further on the defensive after he told the federal Financial Crisis Inquiry Commission in January that the bank packaged complex debt, while also betting against the debt, because clients had the appetite. "We are not a fiduciary," he said.

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