Don't Be A Dissatisfied Customer Of Goldman Sachs, Obama Might Just Light You Up

The New Sovereign Investment Fund of Libya or of Colonel Qaddafi, there is no distinction in the money funds of Libya or Qaddafi, invested $1.3 Billion with Goldman Sachs; the bank used the funds on stock options at a variety of international banks and a collection of currency bets. Two years later, the Libyan fund had lost 98% of its value and was worth only $25.1 million.

Officials of Libya’s sovereign wealth fund were upset with Goldman Sachs and accused them of malfeasance; mainly, for making trades without authorization and misrepresenting investment deals.

The Saddam Trial Resumes

So the Saddam trial resumed today, and Saddam was in a bit better mood…in the beginning at least: A noticeably calmer Saddam Hussein sat quietly in his defendant’s chair at …

The Saddam Trial, Part III

The circus continued today with Saddam vowing: that he will not return “to an unjust court” when it convenes for a fifth session the following day. As the end of …