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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Wade4/18/2010 9:30:09 AM
   of 48092
 
guardian.co.uk

Goldman Sachs: At war with Washington
The US government’s court battle with Goldman Sachs is an essential first step on the road to banking reform
Saturday 17 April 2010

One tweet yesterday said it all: "How can the [US] government sue Goldman Sachs? I thought Goldman Sachs ran the government." That charge is just a tad harder to make today, now that the biggest investment bank on Wall Street is fighting a civil suit for fraud filed by a government watchdog. For anyone who wants a reckoning for the economy-devastating episode that is the banking crisis, this bears the promising indications of war between Wall Street and Washington.
...more

"For a taster, look at page 7 of yesterday's SEC filing, which quotes an email from Fabrice Tourre, the executive who helped make and sell this investment: "The whole building is about to collapse anytime now … Only potential survivor, the fabulous Fab[rice Tourre] … standing in the middle of all these … exotic trades he created without necessarily understanding all of the implications of those monstruosities!!! [sic]" Coming from a bank that bangs on about its good name and fair dealing, this stinks."

We shall see.... But, got gold?
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