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Sunday, September 23, 2007

Goldman Sachs filed a $5,000,000,000 lawsuit vs GATA (daydream)

GOLDMAN SACHS FILES MASSIVE DEFAMATION LAWSUIT

By Peter Z. Parody
Financial Freedom Wire Service
Friday, September 21, 2007

NEW YORK – Today Goldman Sachs filed a $5,000,000,000 lawsuit against Bill Murphy and the Gold Anti Trust Action Committee (GATA) he chairs. In its suit Goldman Sachs charges that Murphy and GATA have repeatedly and aggressively defamed it for years by accusing it of manipulating the price of gold and thereby stealing billions of dollars from unwary investors.

Reached for comment, an attorney for Mr. Murphy and GATA issued the following statement:

Mr. Murphy and his associates in GATA welcome the lawsuit. Heretofore, as a result of being blackballed in mainstream media, GATA has only been able to communicate with a small percentage of investors. With the media exposure this lawsuit will inevitably generate, Mr. Murphy looks forward to being able to reach and warn hundreds of millions of investors world-wide.

In order to prove defamation of character, Goldman Sachs must establish that it actually has character. That will be a formidable task because it is guilty of dozens of deceptive, deceitful and dishonest actions like, for example, claiming to be bullish to motivate investors to buy gold while selling tens of thousands of contracts short to curtail its price.

When asked, a spokesman for Goldman Sachs said the company planned to confer before responding. Speculation is rampant that Goldman has scheduled meetings to discuss its response with Secretary of the Treasury, Paulson, Chairman of the Federal Reserve, Bernanke, representatives of Morgan-Chase, and a carnal mystic.

http://www.gata.org

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