Saturday, April 17, 2010

GoldMan Sachs Credibility at Risk

I always belived that if some one losses money then there is always some one to gain it.
Say on particular Transaction if make a bet then you should be knowing of risks involved in it .i think
bettiing is not the right word here but still i use it cause thats how its frameworked .Anyway lets carry on..Betting in markets means u go by certain rules ..which if violated mean that we are cheated..thats exactly what happened with Goldman Sachs and its facing a serious crisis and its credibility is at stake.

Now people will suspect of  any transaction or product it makes...
they might go for head of Blankfein

God Bless Goldman

More can be found at this location

http://www.sec.gov/litigation/litreleases/2010/lr21489.htm

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