Wednesday, 28 July 2010

Good news, for once - upon MR ICKE's site:

Europe Freezes out Goldman Sachs
Wednesday, 28 July 2010 07:53

'European governments are turning their backs on Goldman Sachs, the all-conquering investment bank that has suffered a series of blows to its reputation, capped by the biggest ever fine imposed on a Wall Street firm. According to data from Dealogic, Greece, Spain, France and Italy have all denied the bank a lead role in their recent sovereign bond sales.

Last Thursday, Goldman agreed to pay a $550m fine to settle US regulators' claims that the bank misled investors in a mortgage-backed security. Goldman admitted that its marketing materials were incomplete, because they failed to state that the same third party that helped choose the assets had taken a bet against them.'

Read more: Europe Freezes out Goldman Sachs


http://dailybail.com/headlines/europe-freezes-out-goldman-sachs.html

I now have to type in a GREEN code: phies

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