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: 277

Comment

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

Join 12160 Social Network

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

Snakedaddy favorited Less Prone's profile
yesterday
Tori Kovach left a comment for Less Prone
"Hello Less Prone, I am an infrequent visitor just to let you know. It is nice to know there are…"
yesterday
Tori Kovach and Less Prone are now friends
yesterday
Doc Vega's 5 blog posts were featured
yesterday
tjdavis's blog post was featured
yesterday
Less Prone favorited tjdavis's video
yesterday
Less Prone favorited cheeki kea's photo
yesterday
Less Prone favorited tjdavis's photo
yesterday
Less Prone posted a blog post

🚨 **SCAM ALERT: Fake "Abiola Bawuah" Emails Circulating** 🚨

Be warned about an active impersonation scam using the name **"Abiola Bawuah"**—a real Ghanaian…See More
yesterday
Less Prone favorited Snakedaddy's profile
yesterday
Less Prone commented on Less Prone's video
Thumbnail

🔴 LIVE in English: COVID Shots Dutch Court Hearing vs Bill Gates, Pfizer et al. — Oct 22

"Yes Doc, it was. And the politicians keep quiet about the whole thing. It's a crime. We live…"
yesterday
Doc Vega commented on Less Prone's video
Thumbnail

🔴 LIVE in English: COVID Shots Dutch Court Hearing vs Bill Gates, Pfizer et al. — Oct 22

"The whole thing was a global set-up, weaponizing the medical industry to socially engineer the…"
Tuesday
Doc Vega favorited Less Prone's video
Tuesday
Doc Vega posted blog posts
Tuesday
Less Prone posted a video

🔴 LIVE in English: COVID Shots Dutch Court Hearing vs Bill Gates, Pfizer et al. — Oct 22

Technical difficulties in the intro resolved! Thanks for hanging in there everyone!🗣 BE PART OF THE PUBLIC RECORD. The court won't publish a recording of t...
Tuesday
Doc Vega favorited tjdavis's video
Tuesday
Doc Vega commented on tjdavis's video
Thumbnail

COLOSSUS: THE FORBIN PROJECT Official Trailer (1970, Eric Braeden, Susan Clark, Joseph Sargent)

"I'm afraid that this is exactly what AI will become! I wacthed this movie a long time agao and…"
Tuesday
Doc Vega commented on Doc Vega's blog post The Fantasy Clown World I Wake Up to Everyday
"cheeki kea, thanks for your support! "
Tuesday
tjdavis posted a video

COLOSSUS: THE FORBIN PROJECT Official Trailer (1970, Eric Braeden, Susan Clark, Joseph Sargent)

Theatrical trailer of "Colossus: The Forbin Project" by Joseph Sargent. Starring Eric Braeden, Susan Clark, Gordon Pinsent, William Schallert, Leonid Rostoff...
Tuesday
tjdavis posted a video

In 1994, He Exposed Their Entire System… and Predicted 2026 Perfectly. | Jordan Maxwell

In 1994, He Exposed Their Entire System… and Predicted 2026 Perfectly. | Jordan Maxwell#jordanmaxwell #knowledge #technology #history #facts✅ Explore Jordan ...
Sunday

© 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