Goldman Sachs Back To Hurting Clients As Firm Is Targeted In Insider Trading Probe

Goldman Sachs Back To Hurting Clients As Firm Is Targeted In Insider Trading Probe

(from news.firedoglake.com:)

“Goldman Sachs is apparently back to it’s old tricks despite the $550 million settlement with the SEC over hurting clients in the mortgage securities market. … 20% gain for Goldman’s prop traders who bought all the HNZ stock they indirectly “advised” their client counterparts to sell to them”

It is now obviously clear that banks are rackets, possibly to anybody, except to the US Government, which apparently fails to notice and to apply the RICO act.

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