This is why we need strict regulation on these fucking companies! They'd rob the Americans blind if given the chance. So sick of the corporations pulling this shit!
http://money.cnn.com/2010/04/16/news/companies/sec.goldman.fortune/index.htm?hpt=T2
(Fortune) -- The Securities and Exchange Commission on Friday charged Wall Street's most gilded firm, Goldman Sachs, with defrauding investors in a sale of securities tied to subprime mortgages.
The SEC said it charged New York-based Goldman (GS, Fortune 500) and a vice president, Fabrice Tourre, for their failure to disclose conflicts in a 2007 sale of a so-called collateralized debt obligation. Investors in the CDO ultimately lost $1 billion, the SEC said.