(BREAKING) "U.S. Starts Criminal Probe Into Goldman Trading"

Wow!! this is big news, let's hope they follow through with it, and don't let them weasel out again....


Snippet from story below....


NEW YORK (Reuters) - "Federal prosecutors are conducting a criminal probe into whether Goldman Sachs Group Inc or its employees committed securities fraud in connection with its mortgage trading, the Wall Street Journal reported on its website on Thursday".








Link's here....



abcnews.go.com...

money.cnn.com...

[edit on 29-4-2010 by freetree64]

[edit on 29-4-2010 by freetree64]

More source link's follow, but, I am suprised at the attention this is "not" getting here on ATS, are ya all tired from the constant "Arizona" threads today? This is the big "Goldman Sachs" we are talking about here.....






www.businessweek.com...

yea I am gettin a lil tired of the Texas Arizona threads myself
yea this is big, but I have to wonder who is gonna get
bribed in this investigation. Or maybe what evidence
is gonna mysteriously disappear.


[edit on 29-4-2010 by boondock-saint]

reply to post by boondock-saint


Why the US justice Dept. of course.....just kidding, I believe it is the Federal Authorities in New York handling it for now, and they are untouchable..... right???? Yeah sure they are..... Who know's whose palm will get greased on this one, hopefully no one's.... we'll see

Also, taking a clue from Goldmans recent statements, I've just shorted 1000 shares of GS, let's see what she does tommorow, maybe I can play like the big boy's too.....

The crooks investigating themselves, i don't see how this is good?

Why don't they start with subpeoning the phone records and trade logs from the day of that surprise discount window cut back in August of 07? It would require a prosecutor with balls the size of Jupiter ( and probably bulletproof skin as well), but I'd bet you could get some GS, FED, and .gov bastards with that.

Originally posted by GoodFella
The crooks investigating themselves, i don't see how this is good?

this. you my dear man is a scholar and a gentleman. i have tried to put it in a way such as yours but it was too long. however, you said it in one sentence.

Made $7,252.00 overnight on the sell short of Goldman Sachs, thanks fella's..... Gonna be a good weekend