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The American Empire in a Changing World



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Friday, October 28, 2011

ANOTHER BANKSTER LAWSUIT: "Goldman Sacks sued for $1.07 billion over Timberwolf collateralized debt obligation"

everybody knows they are GUILTY.........from economic times......

"Goldman Sachs Group Inc has been hit with a new $1.07 billion lawsuit for having allegedly sold risky debt that it expected would tumble in value to an Australian hedge fund, causing that fund to become insolvent. 

The lawsuit by the Basis Yield Alpha Fund alleges fraud, breach of contract and negligence, and seeks to recoup $67 million of losses plus $1 billion of punitive damages"...........READ MORE

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