Goldman Sachs (GS) agrees to pay nearly $12M to settle a pay-for-play scheme in which it...


Goldman Sachs (GS) agrees to pay nearly $12M to settle a pay-for-play scheme in which it was charged with making undisclosed campaign contributions to the then-Massachusetts state treasurer while he ran for governor. Instead of cash, says the SEC, a Goldman banker - Neil Morrison - used his office to essentially run a campaign operation for Tim Cahill. The case against Morrison is still pending.
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Comments (2)
  • Ted Bear
    , contributor
    Comments (700) | Send Message
     
    Why would Goldman risk their reputation by becoming involved in politics?

     

    In a perfect world, wouldn't that be the case...that a business would not lower themselves to become embroiled in politics, as to do so would make them look like they were trying to influence the outcome in order to illegally garner business as a result of their bribes?

     

    Isn't it amazing how we have just come to accept that these things are 'normal' in the course of biz behavior?
    27 Sep 2012, 11:35 AM Reply Like
  • sheeple2012
    , contributor
    Comments (203) | Send Message
     
    typical Goldman sleaze
    27 Sep 2012, 11:46 AM Reply Like
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