Documents Show How Goldman et al Engaged in 'Naked Short Selling'

Great article. "Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the bank’s darker secrets into the hands of the public."

GS admits in its own documents of Naked Short Selling.

What GS thinks of rules and regulations. “F@#$ the compliance area – procedures, schmecedures,”

How Wall Street professionals manipulated public opinion by buying off and/or intimidating experts in their respective fields. “He should be someone we can work with, especially if he sees that cooperation results in resources, both data and funding,” the lobbyist writes, “while resistance results in isolation.”

This is very telling of their corruption.

Accidentally Released - and Incredibly Embarrassing - Documents Show How Goldman et al Engaged in 'Naked Short Selling'

Will this get a lot of attention from the MSM? Probably not.

reply to post by BravoBull


I said as much last week when GS announced the 2 billion loss. This is their new way of funding their losses. Piece of cake to make up a problem and short yourself before the world catches on. Regulations USED to prevent this until Bush changed them. Banker free for all now, game on.

reply to post by BravoBull


More proof of the criminality involved in these Wall Street Firms.
It will be a good day when these firms cease to exist, because they are a parasite on our countries financial system.