20 Apr 2010

And the "howling" keeps getting louder around the electronic herd...

The "wolves" at UK's Financial Services Authority (FSA) are now starting their formal investigation into Goldman Sachs, in relation to the recent fraud allegations...

The move follows claims made by the Securities and Exchange Commission in the US that the "wealth-creators" (Schumpeter) at Goldman actually defrauded investors during the sub-prime housing crisis.

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