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Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
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Best story on Goldman so far
Anonymous
Posted: Saturday, August 13, 2011

Posted: 5/1/2010 5:12:22 AM

By: David Marchant

As I've stated several times before, I found out exactly how little Goldman Sachs cared for their clients when OffshoreAlert exposed a Goldman Sachs-sponsored criminal enterprise called Stirling Cooke Brown Holdings, which went on to commit a $1 billion insurance/reinsurance fraud and a $50 million securities fraud.

OffshoreAlert exposed Stirling Cooke the same month that it was taken public. Four times, I tried to discuss the obviously illegal activity with Goldman, which controlled 23% of Stirling Cooke, and four times I was rebuffed.

The architect of this scandal was Reuben Jeffery III, a Goldman Sachs managing director who later went on to become Chairman of the Commodity Futures Trading Commission.


Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 4/30/2010 2:19:03 PM

By: Must read

http://www.rollingstone.com/politics/news/;kw=[3351,11459]

http://www.rollingstone.com/politics/news/;kw=[3351,136554]


 

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We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.