2012-08-16rollingstone.com

``In the notorious Hudson transaction, for instance, Goldman claimed, in writing, that it was fully "aligned" with the interests of its client, Morgan Stanley, because it owned a $6 million slice of the deal. What Goldman left out is that it had a $2 billion short position against the same deal.

If that isn't fraud, Mr. Holder, just what exactly is fraud?''



Comments: Be the first to add a comment

add a comment | go to forum thread