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The good name of Goldman Sachs, lol. The only people who don't find the vampire squid's name toxic, are those who only care about money to the point that these
by SturgeonsLaw 4y ago
The good name of Goldman Sachs, lol. The only people who don't find the vampire squid's name toxic, are those who only care about money to the point that these sorts of things never would have bothered them.
- marcosdumay 4y agoExcept for #4, 5, 6, and 17, everything on this list is a con against their own clients' money: https://en.wikipedia.org/wiki/Goldman_Sachs_controversies https://en.wikipedia.org/wiki/Goldman_Sachs_controversies So, no, there is no "only care about money" exception for distrusting them. Interestingly, in 2008 there was somebody recommending their clients buy shares that they were selling themselves. I misremembered and looks like it wasn't them. Now I'm curious what investment bank was it.
- MrCellophane 4y agoIt was Citigroup. From the opinion: This was accomplished by Citigroup's misrepresenting that the Fund's assets were attractive investments rigorously selected by an independent investment adviser, whereas in fact Citigroup had arranged to include in the portfolio a substantial percentage of negative projected assets and had then taken a short position in those very assets it had helped select. Opinion: https://casetext.com/case/us-securities-exchange-commission-v-citigroup-global-markets-inc https://casetext.com/case/us-securities-exchange-commission-...
- deleted 4y ago[deleted]
- moneywoes 4y agoCough imdb cough