Goldman Sachs scandal decreased index

20 Apr 2010

Securities Exchange Comitte’s (SEC) allegation decreased market Index. SEC allege Goldman Sach Cheat Subprime mortgages. The scandal also influence Asian Market too.

The world stock price fell. Beside Goldman Sach Scandal, The oil price also influence the decreasing. The oil price decrease to $ 81.3.

Some analyst in my country said that the Goldman Sach case can crush the market If the SEC can proof the allegation. In this case, Goldman Sach publish a collatarized debt obligation, a derivative product that guarantee a compound debt.

Some analyst also doubt with SEC. SEC is not clear to punish the fraud investment company. They often release the fraud company.

It is too risk for America to blame Gold Sach. They will not want the market Index crush. Therefore. they will silent with

Goldmas Sachs will use other ways to protect their self too. They will respond SEC with:

Get A brief synopsis
Blame ACA Management
Blame Paulson . Goldman Sacs might blame that Paulson mislead the bank
Blame Tourre.
Blame Investors


TAGS fraud goldman sachc SEC market index


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