Goldman Sachs: Sex trafficker?

 

Published: 02 April, 2012, 19:48

Edited: 03 April, 2012, 10:50

 

Global investment, securities and sex. Goldman Sachs has long been a big name on Wall Street, but an investigation tying the banking giants to a website linked with sex trafficking has left the firm scrambling to say goodbye to some stock.

Goldman Sachs signed a deal on Friday to begin unloading its share in Village Voice Media, a privately held media conglomerate that oversees some of the biggest alternative newspaper in America. Also on the firm’s client list though is Backpage.com, a site that has become essentially synonymous with the online sex trade. After The New York Times revealed last month that Goldman Sachs owned a 16-percent stake in Village Voice Media, the bank was begging for a solution to settle what quickly snowballed into a PR-disaster. Sachs now says that they are in a deal to sign of its share back to the management at Village Voice, but only after investing upwards of $30 million.

 

FULL STORY: http://rt.com/usa/news/goldman-sachs-sex-backpage-046/

Views: 271

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by honeygirl on April 4, 2012 at 1:26pm

its the 1% that are the patrons and profiteers of the sex trafficking / industrial sex / adult entertainment and the slavery trade. . The hypocrisy of this all is just too much . Oh an I am not surprised the Romney and family /friends and the finacial business they deal in is about all kinds of maddness and mayhem that can be found tied to them.

Comment by truth on April 3, 2012 at 4:37pm

Mitt Romney's wife had blind trust invested in Goldman Sachs' sex trafficking fund

By Daily Mail Reporter

PUBLISHED: 06:59 EST, 3 April 2012 | UPDATED: 12:20 EST, 3 April 2012

Comments (2)
Share

The wife of Republican presidential hopeful Mitt Romney had a blind trust invested in the Goldman Sachs' sex trafficking fund, it emerged today.

According to an August 2011 financial disclosure report by the Romneys, Ann Romney's blind trust had an investment valued between $15,001 and $50,000 in Goldman's GS Capital Partners III.

Reuters reported that while there is no suggestion the Romneys knew about the investment, the disclosure highlights the difficulty for politicians and their families when they invest in blind trusts that are supposed to protect them from conflicts of interest and ethical questions.

Controverisal: The Goldman Sachs sex trafficking scandal has now been linked to the Ann Romney, the wife of presidential candidate Mitt

Controverisal: The Goldman Sachs sex trafficking scandal has now been linked to the Ann Romney, the wife of presidential candidate Mitt

Goldman said on Sunday that GS Capital Partners III signed a deal last Friday to sell its 16 percent stake in Village Voice Media, which owns the website Backpage.com, back to management.   

Critics argue that Backpage.com facilitates the trafficking of underage prostitutes and sex slaves, although others question that.    

Andrea Saul, a spokesman for Romney, stressed that the funds were managed on a blind basis, 'so the trustee, not the Romneys, make their investment decisions.

'Furthermore, the trustee invests in funds, but, as a passive investor, has no control over the funds' investments.'

Goldman's divestiture is the latest development in a growing controversy over online adult advertising that has pitted celebrities, law enforcement officials, members of Congress and New York Times columnist Nicholas Kristof against Village Voice Media.   

The private media company has the largest share of revenue in the United States from online advertising of adult services.    http://www.dailymail.co.uk/news/article-2124457/Ann-Romney-blind-tu...

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Burbia commented on tjdavis's blog post The Islamization of Texas and the Rest of the States
"Muslim celebration at Grand Prairie water park canceled after Gov. Abbott threatens to pull city…"
5 hours ago
Burbia commented on tjdavis's blog post Reminder: The Bush Family purchased over 100,000 acres of land in Paraguay
"I guess with coming solar flares that sent societies underground before arrives in the near future…"
6 hours ago
Burbia posted a blog post

'Showbiz' Don to Release Xenu Upon the Public

 New York Post says the other files will be released Friday. If there ever was a Disclosure from…See More
6 hours ago
tjdavis posted a blog post
10 hours ago
tjdavis posted a blog post
yesterday
tjdavis posted a video

Jerusalem Syndrome - Israel/Palestine

August 2006For some, visiting Jerusalem brings them a little too close to God. Dozens of tourists develop 'Jerusalem Syndrome', believing they have a messian...
Wednesday
tjdavis posted photos
Wednesday
Doc Vega posted a blog post

So you Don't Think Communist China is Buying Off the Democrat Party?

California Democrats Just Joined Hands With Communists Funded From ShanghaiPosted on …See More
Tuesday
cheeki kea commented on Doc Vega's photo
Thumbnail

681373888_994247376374814_9118727954735788138_n

"But Wait Folks... There's even more, even more than more in this ugly situation. A story of…"
Tuesday
Doc Vega posted a blog post
Monday
Less Prone left a comment for Aristo Kids
"Welcome aboard"
Sunday
Aristo Kids is now a member of 12160 Social Network
Sunday
Less Prone left a comment for Doc Vega
"Ning is working on theproblem. Their reply: "Hello, Thank you for notifying us.We are…"
Sunday
Sandy posted a video

The Day of the Dolphin (1973) Original Trailer [FHD]

Directed by Mike Nichols. With George C. Scott, Trish Van Devere and Paul Sorvino.The Day of the Dolphin Blu-ray : https://amzn.to/3W9bfbxThe Day of the Dolp...
Sunday
Sandy posted photos
Sunday
Less Prone left a comment for Doc Vega
"I issued a ticked concerning your report. "The rgeular format is not appearing on the…"
Sunday
Doc Vega commented on truth's photo
Thumbnail

Report an Issue

"The rgeular format is not appearing on the page and I can't add contwent unless its limited…"
Saturday
Doc Vega commented on Doc Vega's blog post The Escape
"cheeki kea, you are so right. We live in a world where even art has been lost to the savagery of…"
Saturday
Less Prone favorited Doc Vega's photo
May 2
Less Prone favorited Doc Vega's photo
May 2

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted