Goldman Sachs and Fraud

Last Friday, the SEC sued Goldman Sachs for securities fraud stemming from activities in 2008 where Goldman allegedly marketed mortgages to their investers while secretly knowing the investments would fail, and at the same time,  bet against them. The case and circumstances around it are complicated so Deva and I attempted to sort through them on video:

I’ll be posting an article later detailing how this is just one of many borderline illegal investment tactics used by Goldman and other banks, and why this case  is probably just the beginning of more legal trouble for the investment giant.

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