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Wall Street's Fraud of the Week Club

In April 2006, while Goldman was preparing an RMBS backed by Countrywide loans for securitization, a Goldman mortgage department manager circulated a “very bullish” equity research report that recommended the purchase of Countrywide stock. Goldman’s head of due...

Pensions: For CEOs Only

Grandma skips meals. Her house is always cold. She barely skimps by, subsisting on just Social Security because of a bunch of pension-killing CEOs and self-dealing financial “advisers.” The U.S. Labor Department offered some rules last week to help grandma with half...

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