PETER J. HENNINGS – The criminal investigation was prompted by a referral from the Senateâ€™s Permanent Subcommittee on Investigations, based on its 635-page report on the financial crisis that included details on Goldmanâ€™s transactions in mortgage-backed securities. The report highlighted potential conflicts of interest in how Goldman dealt with its clients and questioned whether Mr. Blankfein testified truthfully at an April 2010 subcommittee hearing when he said that the firm did not have a â€œmassive shortâ€ position to bet on a decline the housing market.
Tag: Goldman Sachs
Occupy Wall Street May Be Changing Wall Street Firms
KHADEEJA SAFDAR – The majority of marketing and communications executives at financial services firms said that Occupy Wall Street has impacted their business, according to a study…
The Man Who May Bring the Banksters to Justice (If They Don’t Break His Knees First)
MILES MOGULESCU – New York State Attorney General Eric Schneiderman may go down in history as the most important public official in reforming the corrupt financial system that caused the great Financial Crisis of 2008 and holding the perps responsible — if he can hold out against pressure from Wall Street, the Federal Reserve, and the Obama administration to give Wall Street a “Get Out of Jail Free” card.
Top Ten Tax Avoiders
WORKINGINAMERICA.ORG – Read the following Top Ten Tax Avoiders, and think about the closed schools, struggling students, empty firehouses, and the unemployed workers dreading the day their benefits run out. It doesnâ€™t need to be this way.