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Starfirenv (< 20)

Dirty "Slachs" or How Ghana Got Sanchezed

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April 24, 2010 – Comments (9)

Goldman Sachs, the global financial institution, with fraud allegations levied against it has a long history of setting up its clients for a fall...and making handsome profits.

This is a story of how this global investment banking and securities firm screwed Ghana.

http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=180487#

9 Comments – Post Your Own

#1) On April 24, 2010 at 4:50 PM, Donnernv (< 20) wrote:

Good article.  How the heck did you find this obscure thing?

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#2) On April 24, 2010 at 5:46 PM, Starfirenv (< 20) wrote:

Hello Mr Donner- One of several Int'l Journals I try to follow. Another is the South African:  http://news.iafrica.com/
Sometimes I spend more time looking at Real Estate than skimming news.
FT India (financial times) is usually a good visit. Interesting to get a "foreign"  perspective. You might like the previous post on JPM if you hav'nt seen it. I bet it's a beauty at 6000' ft today. Regards

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#3) On April 25, 2010 at 3:00 AM, Donnernv (< 20) wrote:

Mark:

 I'll bet it's a beauty too.  But I'm in La Costa for my four month visit to my SoCal home each year.  Back in God's country June 15.  Come on up to the lake sometime!  We'd have a blast.

Best regards.

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#4) On April 25, 2010 at 9:09 AM, dbjella (< 20) wrote:

+1 For an awesome subject line!

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#5) On April 25, 2010 at 11:54 AM, Starfirenv (< 20) wrote:

Sounds good. I'm usually up for the Wooden Boat Concourse d'Elegance. Early this year- June 17-23.
 http://www.laketahoeconcours.com/

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#6) On April 25, 2010 at 12:25 PM, Starfirenv (< 20) wrote:

db- Thanks. That's the only part I can take credit for. Regards.

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#7) On April 25, 2010 at 2:37 PM, binve (< 20) wrote:

Great article!! (and great title)!

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#8) On April 25, 2010 at 6:29 PM, ralphmachio (26.09) wrote:

Stealing gold, Goldman style. Yeah, well take the whole mine, thanks, suckas!

And Dr. Doom says these guys are not dirty...Now I must question Marc Faber a bit more carefully.

They should be renamed Brassman Sacks. 

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#9) On April 25, 2010 at 10:10 PM, Starfirenv (< 20) wrote:

ralphmachio - Yea, got collusion? Got RICO? To me the interesting part is how the 15 banks, all advised by Dirty Slachs, all just happened to harmonize indepently and simulaniously. What a coincidence! The other thing is these tactics are nothing new as this was from '99 and continue. Here's another good one- this about JPM.
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=368830&t=01004666290034399863

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