[LINK] Goldman Sachs snaffling packets at NYSE?

Robin Whittle rw at firstpr.com.au
Thu Jul 9 22:11:25 AEST 2009

Karl Denninger speculates whether Goldman-Sachs had access to trading
data before the trades happened.




Also, Matt Taibbi wrote an article in the most recent Rolling Stone,
which is not yet available on the Net, though it is probably possible
to read it here:


Goldman Sachs: The Wall Street Bubble Mafia

It begins:

   The first thing you need to know about Goldman Sachs is that it's
   everywhere. The world’s most powerful investment bank is a great
   vampire squid wrapped around the face of humanity, relentlessly
   jamming its blood funnel into anything that smells like money.

It has caused quite a fuss.


Time Magazine has a write-up:


      "The [Rolling Stone] article makes a very compelling case
       against Goldman Sachs, but I think the problems it identifies
       are pervasive in financial firms and corporate America in
       general," says Nell Minow, who is the co-founder of the
       Corporate Library, a research firm that tracks
       corporate-governance issues. "We need to launch substantive
       financial reform rather than weighing the faults of one firm
       versus another."

  - Robin

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