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: 270

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

tjdavis posted a video

Official Trailer NOVA '78 directed by Aaron Brookner and Rodrigo Areias

NOVA '78 is a documentary about New York City's 1978 Nova Convention, the legendary counterculture gathering featuring William S. Burroughs, Patti Smith, Fra...
11 hours ago
Doc Vega posted blog posts
22 hours ago
tjdavis favorited Burbia's video
Friday
tjdavis favorited cheeki kea's photo
Friday
tjdavis posted a video

Peter Sellers - The Party (opening scene)

HQ HD "Does that include television sir ?" ... is still the best trolling paradigm in a movie.Support this channel: https://www.patreon.com/MusicPoints#Pet...
Friday
Doc Vega posted blog posts
Thursday
Snakedaddy favorited Parrhesia's video
Thursday
Doc Vega commented on Doc Vega's blog post The Rabbit Hole
"Cheeki kea, I pray that the insanity doesn't deepen and there's been an attack by some 18…"
Wednesday
Burbia's blog post was featured

Disgraced Former CNN Anchor Don Lemon Arrested

No longer an employed journalist, Don Lemon had been seen with far left agitator, Nekima Levy…See More
Wednesday
Doc Vega's blog post was featured
Wednesday
Less Prone favorited Doc Vega's blog post The Rabbit Hole
Wednesday
cheeki kea commented on cheeki kea's photo
Tuesday
cheeki kea posted a photo
Tuesday
cheeki kea commented on Doc Vega's blog post The Rabbit Hole
"Good poem for these times. I think it's only going to get worse though as we enter into the…"
Tuesday
cheeki kea posted a blog post
Tuesday
Doc Vega posted a blog post

Our Crazy Modern World

I'll be your host tonight in our first episode of "Our Crazy Modern World". Join us now!Apparently…See More
Feb 15
Burbia commented on cheeki kea's blog post BREAKING: The Epstein Files Illuminate a 20-Year Architecture Behind Pandemics as a Business Model.
"What a bummer. Can't tell thie 'dead' guy to eat shit now."
Feb 14
Burbia commented on rlionhearted_3's photo
Thumbnail

2DF36465-A826-443C-A3A8-6638BC1D4FFA

"Venezuela under Chavez had cut ties with the IMF and World Bank. He had suggested that the US had…"
Feb 14
Burbia commented on Doc Vega's photo
Thumbnail

G_LrzqtXMAAhT7w

"Derelict of duty should be reason for removal of these judges. That would go against what is in…"
Feb 14
Doc Vega posted blog posts
Feb 13

© 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