Goldman Sachs misled clients and Congress about the firm’s bets on securities tied to the housing market, the chairman of the U.S. Senate panel that investigated the causes of the financial crisis said.
Senator Carl Levin, releasing the findings of a two-year inquiry yesterday, said he wants the Justice Department and the Securities and Exchange Commission to examine whether Goldman Sachs violated the law by misleading clients who bought the complex securities known as collateralized debt obligations without knowing the firm would benefit if they fell in value.
Fukushima's disaster will scar much, perhaps all of Japan for generations, including fetuses and newborns to be genetically harmed by radiation poisoning.
Since Japan's Fukushima nuclear plant began leaking radiation after last month's earthquake and tsunami, those watching with consternation have included the Mirarr Aboriginal people of Australia's Northern Territory, who are determined to limit uranium mining on their land despite the promise of vast riches.
A panel set up by Austria's Roman Catholic Church to help people abused by clergy or church officials says it has recorded complaints from 837 alleged victims over the past year.
The Army is facing a "critical" shortage of neurologists, partly because of recent policy changes designed to improve diagnosis and treatment of mild traumatic brain injuries, according to a new military medical memorandum.
In the ever-so-smug company of the rich and powerful it is a given that there is never to be any expression of remorse or other acknowledgement of the pain they have inflicted on the lesser mortals they so cavalierly plunder.
It becomes clearer every day that Binyamin Netanyahu's government is terrified by the prospect that the Palestinians are planning to unilaterally declare a state later this year. In fact, it is safe to say that no other proposed Palestinian action has ever shaken up any Israeli government the way that the idea of a unilateral declaration has.
Everything that you own is slowly being taken away from you. It is being done purposely and it is being done by design. Many Americans like to think of themselves as "well off", but as will be demonstrated below, we don't "own" nearly as much as we think that we do. The truth is that most of us have to frantically run around accumulating wealth as rapidly as we can so that we can somehow stay ahead of the rate that wealth is being taken away from us. The entire system is designed to take what you have away from you. There are many ways that this is accomplished - taxation, inflation, debt, interest, fines, fees, tickets, government seizures and good old-fashioned corporate greed. If you tried to just sit back and do nothing but hold on to the wealth that you already have you would find out that it would disappear rather quickly. When you take the time to really analyze our system the conclusion is undeniable - everything that you think that you own is being systematically taken away from you.
The feds scoop to a new low offering up cancer patients urinating in their toilets as the excuse for radioactive iodine in the drinking water. Next week they will tell us the iodine is getting into the air from cancer patients pissing in the wind.
