Goldman Sachs is still under fire
Hi fellow traders,
I have just finished watching a great documentary on the ABC about how Goldman Sachs sold a Hedge Fund here in Australia $100million of toxic CDO’s after they new that they were junk.
Marian Wilkinson shows the trail of destruction this has left for many Australian Investors, it leaves many more questions unanswered including why the Australian Government Regulatory Body ASIC has not done anything about it, it just reinforces to me the importance of getting yourself informed of what is going on in the world.
You can watch the episode on the ABC website http://www.abc.net.au/4corners/special_eds/20100614/debt/
