Goldman Blacklisted And Possibly Banned In Europ

Goldman Blacklisted And Possibly Banned In Europ (Full Version)

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pahunkboy -> Goldman Blacklisted And Possibly Banned In Europ (2/18/2010 7:39:41 PM)
Simon Johnson: Goldman Is About To Be Blacklisted And Possibly Banned In Europe [image]http://static.businessinsider.com/image/4b45fb0f0000000000f6d6ce/simon-johnson.jpg[/image]MIT professor Simon Johnson raises some provocative scenarios in regards to Goldman's participation in Greece's scheme to obfuscate its debt levels. In particular, he expects a full audit of the company, and perhaps some kind of ban: If the Federal Reserve were an effective supervisor, it would have the political will sufficient to determine that Goldman Sachs [image]http://kona.kontera.com/javascript/lib/imgs/grey_loader.gif[/image] has not been acting in accordance with its banking license. But any meaningful action from this direction seems unlikely. Instead, Goldman will probably be blacklisted from working with eurozone governments for the foreseeable future; as was the case with Salomon Brothers 20 years ago, Goldman may be on its way to be banned from some government securities markets altogether/ http://www.businessinsider.com/simon-johnson-goldman-is-about-to-be-blacklisted-and-possibly-banned-in-europe-2010-2

Brain -> RE: Goldman Blacklisted And Possibly Banned In Europ (2/19/2010 11:50:07 AM)
This company is nothing but trouble. It's entirely possible someone with courage in the United States will confront this company and Warren Buffett will regret the day he blundered investing so much money in their shares.

Arpig -> RE: Goldman Blacklisted And Possibly Banned In Europ (2/19/2010 12:01:09 PM)
Misleading thread title don't you think...the linked article is one guy's opinion of what might happen, not something that has.

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