Goldman Sachs may owe British taxpayers $841m
source: http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/04/goldman_may_owe_british_taxpay....
British taxpayers have a direct material interest in the outcome of the fraud case brought against Goldman Sachs by the US financial watchdog, the Securities and Exchange Commission.
Because the bulk of the loss on the transaction at the heart of the charge against Goldman ended up with Royal Bank of Scotland, the bank where British taxpayers have an 84% stake.
This is an interesting article, of a deliberate plan to load the UK tax payers with even more debt, as if we don't have enough thank you!
I doubt this would make front page news, but at least the BBC have said it.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/04/goldman_may_owe_bri...
Because the bulk of the loss on the transaction at the heart of the charge against Goldman ended up with Royal Bank of Scotland, the bank where British taxpayers have an 84% stake.
This is an interesting article, of a deliberate plan to load the UK tax payers with even more debt, as if we don't have enough thank you!
I doubt this would make front page news, but at least the BBC have said it.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/04/goldman_may_owe_bri...
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- groups:
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- tags:
- Banks, Fraud, Debt, Goldman Sachs, 3 more
