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In Letter to Shareholders, Goldman Sachs Denies Wrongdoing, But Is 'Grateful' for Gov't Money


Business  (tags: Goldman Sachs, shareholders, record profits, bank bailouts, credit default swaps, AIG, Securities Industry and Financial Market, SIMFA, Dodd, Angelides )

Judy
- 1576 days ago - rawstory.com
Foremost among its denials was the company's vigorous defense of mortgage derivatives trading. In other words, Goldman Sachs never "bet against" its clients, according to the letter, which also stated that the company did nothing wrong with respect to AIG



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Comments

Cate S. (7)
Thursday April 8, 2010, 4:59 am
Shame on you Goldman Sachs. It is time to bring in the Tobin (Robin Hood) tax. Did nothing wrong, they say? Ever heard of morality & ethics?
 

Jeff W. (37)
Thursday April 8, 2010, 6:00 am
Time for Goldman Sachs to show gratitude?...
 

Tere M. (76)
Thursday April 8, 2010, 1:34 pm
"Grateful"... no comments.
Thank you for posting Judy. ~
 

Judy C. (106)
Thursday April 8, 2010, 10:18 pm
There is no end to these scoundrels' arrogance!
 
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