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> good on Goldman for firing everyone involved There's too much for one comment, but from the sound of it I think you may not be seeing the full picture. E.g.
by comboy 12y ago
> good on Goldman for firing everyone involved
There's too much for one comment, but from the sound of it I think you may not be seeing the full picture. E.g.
http://www.zerohedge.com/news/2014-11-20/here-are-highlights-senates-finding-banks-manipulate-physical-commodities-live-heari http://www.zerohedge.com/news/2014-11-20/here-are-highlights...
- rayiner 12y agoWhat in that article has anything to do with information leaking between regulators and banks? That is an article about banks manipulating commodities prices by buying up vast quantities of them. Which is a good argument in favor of regulating the free market, but doesn't address the point I'm making.
- comboy 12y agoIt's about Goldman Sachs and I thought it gives some good general view, but sure, here is an article related to the topic: http://www.zerohedge.com/news/2014-11-20/latest-scandal-goldman-ny-fed-employees-busted-colluding-illegally-sharing-confident http://www.zerohedge.com/news/2014-11-20/latest-scandal-gold...
- wglb 12y ago"Zerohedge" and "full picture" in the same sentence is a matter of concern.
- comboy 12y agoI admit, the view there is biased towards one side, but they do provide facts.
- wglb 12y agobut they do provide facts Unclear to me if this is the case. They certainly do provide speculation and conspiracy theories.
- harryh 12y agoBut I agree with the speculation! So it must be a fact.
- comboy 12y agoI think there are both facts and speculation there, but they are clearly distinguished. I don't want to evangelize anyone, I just wanted to provide an alternative view for the author of the first comment I replied to. That maybe GS is not the good guy here that got rid of the black sheep. It may or may not be true. I like looking from different perspectives. I'm OK with somebody having different perspective, but once in a while it's great to take a moment and "hey take a look how it looks from my point of view". Since I clearly have been received negatively, I'd love to learn more about your perspective, so any links providing info on how these allegations are false and how GS is doing mostly good things are welcome.
- shit_parade 12y agomock ZH all you like but they were early to push Ebola, they were early on HFT improprieties, they were early on the Gold fix etc etc.
- alexqgb 12y agoHave you ever heard the expression "He was being economical with the facts"? Court of law certainly have. It's why they expect people to tell the truth, the whole truth, and nothing but the truth. "I said some things that were true" is very different from "What I said was true."
- dredmorbius 12y agoZerohedge is very spotty. And no, what's stated there isn't necessarily factual. A case in point is a global car surplus post a few months back, which turned out (on pretty trivial research) to be using photos dating back many years, to the heart of the global financial crisis. It's only one case among many, but comes to mind. That's not to say that there isn't occasionally some merit to ZH reporting, but you pretty much have to evaluate and assess each individual story on its own merits and based on independent verification.