by Pam Martens and Russ Martens, Wall St On Parade:
As we reported on February 7, there are some very strange things going on at Goldman Sachs.
After reading the Wall Street investment bank’s annual report, which was filed with the Securities and Exchange Commission last Friday, the word “strange” doesn’t seem to do justice to the situation. Goldman Sachs is looking more like a litigation warehouse these days than an investment bank.