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A Busted Goldman Airline Deal Is Investigated by Private Detectives
Investors snapped up the $1.2 billion in bonds that channeled proceeds to aairlines linked to Etihad Airways. Two years later, the deal went bust. (www.bloomberg.com) Mais...
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US banks keep only 10% in assets on hand, EU banks less than 1%. Just wait for the bail-ins to start. GS will be the first to do it.
Late last year the Malaysian government instituted a lawsuit against Goldman Sachs seeking criminal fines in excess of US$2.7 billion related to the charges of some weird financing scheme that toppled the previous government.
Once they figured out how to profit (and a lot) off of a failing American economy, they haven't feared a crash in the economy, and haven;t done nearly enough to stop a downturn. Just watch. There is more talk of another crash coming, soon. Goldman, like turds in a septic tank, will float to the top...