CanadianKid
New member
I'm just wondering why the SEC lets companies use stupid accounting tricks and financial alchemy to make money....
Most of Goldman Sach's "earnings" are not even based on managing wealth for investors...
Instead, most of their generated revenues is by creating and operating complex derivatives...
Really, Goldman Sach's is operating a shell game... where it sells these fake investments to itself and to others....
This does not generate new sales or create real wealth ... this is the Enron of "profit making"
CK
Most of Goldman Sach's "earnings" are not even based on managing wealth for investors...
Instead, most of their generated revenues is by creating and operating complex derivatives...
Really, Goldman Sach's is operating a shell game... where it sells these fake investments to itself and to others....
This does not generate new sales or create real wealth ... this is the Enron of "profit making"
CK
Last edited: