Twisted Goldman Sister Fallout
As I just wrote on February 22, a female Goldman Sachs Partner, Addy Loudiadis was behind the fraudulent scheme to defraud the world financial community concerning the level of Greece’s debt. I wrote, “unless the conspiracy theorists are right, and Goldman is above the law, it can’t be long before Goldman starts paying more of a price for shit like this.”
Prior to the Greece debt-scandal, Goldman was increasingly seen as having too much influence and, in effect, operating the United States Department of Treasury as a division of the company. The Greece scandal, however, was of a different nature – more fraud than influence.
The chickens are already coming home to roost. Just days after my post, in what The Wall Street Journal labeled an “unusual disclosure,”, Goldman, for the first time, noted in its annual report that “adverse publicity” is a “risk factor” it was required to disclose to investors, stating that it “could adversely affect our businesses and results of operations.” For those, like Nicholas Kristof as well as some broads who have been scapegoating guys for Wall Street’s downfall and insisting that the Street hire more women, the Loudiadis/Greece scandal is an embarrassment.
But its been a lot worse for Greece:
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