Goldman Sachs and federal fraud

Future of Freedom Foundation
by Jacob G. Hornberger

04/21/10

Commentators are debating whether the Justice Department will be able to prove its civil fraud case against Goldman Sachs. Unfortunately, they’re missing the point. The Justice Department didn’t bring its suit with the aim of proving that the company committed fraud. It brought its suit to get a massive amount of money for the federal government in a pretrial settlement of the case...

//www.fff.org/blog/jghblog2010-04-21.asp



Goldman PAC hikes lawmaker donations

Bloomberg News

04/22/10

Employees of Goldman Sachs Group Inc., which is facing a fraud suit by the Securities and Exchange Commission, gave more money to congressional candidates last month than in the previous 14 months combined. Goldman’s political action committee contributed $290,500 in March, compared with $209,500 between Jan. 1, 2009, and Feb. 28, 2010, according to Federal Election Commission reports. Donations included $15,000 apiece to Republican House and Senate fund-raising committees, and contributions to lawmakers from both parties and their leadership political action committees. Melissa Daly, a spokeswoman for the New York company, declined to comment...

//tinyurl.com/2uwzuc4


Informant: Thomas L. Knapp

--------

Goldman's White House Connections Raise Eyebrows
//act.commondreams.org/go/317?akid=31.124981.droUBq&t=5



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