A little justice? GS stock tumbes on fraud lawsuit

Thank god the SEC finally got around to this lawsuit. Next up--CRIMINAL lawsuits against GS executives. These criminals need to be in prison for the rest of their lives. I think this is why GS stock is being murdered on high volume. The market expects more lawsuits by all of the clients who have been taken by Goldman. GS routinely sold bad assets (mainly mortgage derivatives) to pension funds when GS was short the same security. Investment banks should not be able to do this without first disclosing whether they are long or short. G

Black Swan Insights


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