Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Banjax on 20 April 2010, 11:08:25
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Did Golman Sachs intentionally mislead investors by encouraging them to buy into CDO's which were designed to fail and hence make a shedload of money for their hedge funds who bet against them?
Call it what you will - a con trick, dishonest, amoral, clever, creative, devious or stupid,
it's grasping...even for an investment bank. Whether they're found to have acted illegally or not, morally they're bankrupt and now they've lost the one thing money can't buy - trust, and without trust they'll die.
How many investors will be pulling out and how long before Goldman Sachs fail? :o
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probably they did.
Goldman Sachs are not the hugely successful outfit they are without having trodden on a lot of toes. Just one small example was the money they made on failed early Cable TV companies in the UK.
They won't fail. There is a new sucker born every day to replace those that die.
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Did Golman Sachs intentionally mislead investors by encouraging them to buy into CDO's which were designed to fail and hence make a shedload of money for their hedge funds who bet against them?
Call it what you will - a con trick, dishonest, amoral, clever, creative, devious or stupid,
it's grasping...even for an investment bank. Whether they're found to have acted illegally or not, morally they're bankrupt and now they've lost the one thing money can't buy - trust, and without trust they'll die.
How many investors will be pulling out and how long before Goldman Sachs fail? :o
agreed..
but there is another story (war) behind the scenes..
and the opposing force carries a top position in US..
other than that not that easy to touch them..
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Now you've shown me how to Google, BJ, ( ;) ), typing in "AGW scam Goldman Sachs", yields around 1,060,000 hits.
I wonder why that is?
;) ;D ;D