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Goldman Says Threats Aren't Believed to Be Credible (Update1)

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  • Goldman Says Threats Aren't Believed to Be Credible (Update1)

    Goldman Says Threats Aren't Believed to Be Credible (Update1)
    By Christine Harper and David Glovin

    July 6 (Bloomberg) -- Goldman Sachs Group Inc., the world's biggest securities firm, said law-enforcement authorities don't consider letters making threats against the company to be credible.

    About 20 letters were sent to different newspapers on or around June 27, said Thomas Boyle, a spokesman for the U.S. Postal Inspectors in New York. The letters say that ``hundreds will die'' and ``we have people inside Goldman Sachs,'' he said.

    ``We are working closely with the law-enforcement authorities, who tell us they don't believe the threat to be very credible,'' Michael DuVally, a Goldman spokesman in New York, said in an e-mailed statement. ``We take any threat to the safety of our people very seriously.''



    A team of postal inspectors is working with Goldman Sachs, the Federal Bureau of Investigation and the Joint Terrorism Task Force to try to identify who sent the letters, Boyle said. Authorities don't know whether they are terror-related or come from someone with a direct connection to the firm.

    ``We're working with Goldman Sachs to see if they have any disgruntled employees or disgruntled customers,'' Boyle said. ``We're taking the threat very seriously.''

    The letters, all mailed from Queens, New York, were received by newspapers in states including Texas, Indiana, Tennessee and Idaho, the Star-Ledger reported today. The letters said: ``Goldman Sachs. Hundreds will die. We are inside. You cannot stop us,'' according to the New Jersey newspaper, which also received a letter.

    Security Measures Goldman has reported record profit for three consecutive years and its first-quarter earnings were the highest in the history of Wall Street. In November, the firm started building a 43-story headquarters next to Ground Zero in lower Manhattan that is expected to cost $2.3 billion to $2.5 billion.

    ``We have a broad range of security measures in place to counter all likely threats and we're monitoring the situation closely,'' Goldman's DuVally said.

    Supervisory special agent Neil Donovan of the FBI's New York press office didn't return a call for comment.



    OH COME ON. Who possibly would want to do something like this to the good, bennevolent, innocent and kindly folks at Goldman Sux? In the Zero Sum game played at the Wall Street Casino, Goldman's record profits translate into somebodies record losses.

    ``We're working with Goldman Sachs to see if they have any disgruntled employees or disgruntled customers,'' Boyle said. ``We're taking the threat very seriously.''
    Maybe they should check disgruntled competitors, just a thought.
    "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
    - Charles Mackay

  • #2
    Re: Goldman Says Threats Aren't Believed to Be Credible (Update1)

    Originally posted by Tet View Post
    Goldman Says Threats Aren't Believed to Be Credible (Update1)
    By Christine Harper and David Glovin

    July 6 (Bloomberg) -- Goldman Sachs Group Inc., the world's biggest securities firm, said law-enforcement authorities don't consider letters making threats against the company to be credible.

    About 20 letters were sent to different newspapers on or around June 27, said Thomas Boyle, a spokesman for the U.S. Postal Inspectors in New York. The letters say that ``hundreds will die'' and ``we have people inside Goldman Sachs,'' he said.

    ``We are working closely with the law-enforcement authorities, who tell us they don't believe the threat to be very credible,'' Michael DuVally, a Goldman spokesman in New York, said in an e-mailed statement. ``We take any threat to the safety of our people very seriously.''



    A team of postal inspectors is working with Goldman Sachs, the Federal Bureau of Investigation and the Joint Terrorism Task Force to try to identify who sent the letters, Boyle said. Authorities don't know whether they are terror-related or come from someone with a direct connection to the firm.

    ``We're working with Goldman Sachs to see if they have any disgruntled employees or disgruntled customers,'' Boyle said. ``We're taking the threat very seriously.''

    The letters, all mailed from Queens, New York, were received by newspapers in states including Texas, Indiana, Tennessee and Idaho, the Star-Ledger reported today. The letters said: ``Goldman Sachs. Hundreds will die. We are inside. You cannot stop us,'' according to the New Jersey newspaper, which also received a letter.

    Security Measures Goldman has reported record profit for three consecutive years and its first-quarter earnings were the highest in the history of Wall Street. In November, the firm started building a 43-story headquarters next to Ground Zero in lower Manhattan that is expected to cost $2.3 billion to $2.5 billion.

    ``We have a broad range of security measures in place to counter all likely threats and we're monitoring the situation closely,'' Goldman's DuVally said.

    Supervisory special agent Neil Donovan of the FBI's New York press office didn't return a call for comment.



    OH COME ON. Who possibly would want to do something like this to the good, bennevolent, innocent and kindly folks at Goldman Sux? In the Zero Sum game played at the Wall Street Casino, Goldman's record profits translate into somebodies record losses.


    Maybe they should check disgruntled competitors, just a thought.
    From under attack to going on the attack

    Remember Newton's Fourth Law of Motion and Markets..."What Goldman wants, Goldman gets".
    Goldman Sachs Seeks To Stifle Blogger Critic

    Lawyers for Goldman Sachs are threatening a federal lawsuit against a blog that is critical of the investment bank.

    The website "Facts About Goldman Sachs" states that it is an "open forum for facts and discussion about what part Goldman Sachs and their executives played in the current Global Economic Crisis." It is, as you can imagine, extremely critical of the investment bank. Now lawyers from the law firm Chadbourne & Parke have sent a letter to the proprietor, Mike Morgan, claiming that the website's URL, goldmansachs666.com, infringes on the investment bank's trademark.

    "Your use of the mark GOLDMAN SACHS violates several of Goldman Sachs' intellectual property rights, constitutes an act of trademark infringement, unfair competition and implies a relationship and misrepresents commercial activity and/or an affiliation between you and Goldman Sachs which does not exist and additionally creates confusion in the marketplace," Goldman's lawyer writes. (The full letter is below.)

    The letter goes on to threaten legal action if Morgan does not stop using the name Goldman Sachs...

    ...The unfair competition claim is laughable, since no services are being offered for sale at all on the site. It certainly isn't engaged in any investment banking business. Also, the website does not even appear on the first page of search results for "Goldman Sachs."...

    Comment


    • #3
      Re: Goldman Says Threats Aren't Believed to Be Credible (Update1)

      Originally posted by GRG55 View Post
      From under attack to going on the attack

      Remember Newton's Fourth Law of Motion and Markets..."What Goldman wants, Goldman gets".
      Goldman Sachs Seeks To Stifle Blogger Critic

      Lawyers for Goldman Sachs are threatening a federal lawsuit against a blog that is critical of the investment bank.

      The website "Facts About Goldman Sachs" states that it is an "open forum for facts and discussion about what part Goldman Sachs and their executives played in the current Global Economic Crisis." It is, as you can imagine, extremely critical of the investment bank. Now lawyers from the law firm Chadbourne & Parke have sent a letter to the proprietor, Mike Morgan, claiming that the website's URL, goldmansachs666.com, infringes on the investment bank's trademark.

      "Your use of the mark GOLDMAN SACHS violates several of Goldman Sachs' intellectual property rights, constitutes an act of trademark infringement, unfair competition and implies a relationship and misrepresents commercial activity and/or an affiliation between you and Goldman Sachs which does not exist and additionally creates confusion in the marketplace," Goldman's lawyer writes. (The full letter is below.)

      The letter goes on to threaten legal action if Morgan does not stop using the name Goldman Sachs...

      ...The unfair competition claim is laughable, since no services are being offered for sale at all on the site. It certainly isn't engaged in any investment banking business. Also, the website does not even appear on the first page of search results for "Goldman Sachs."...
      good for mike! free publicity paid for by goldman itself! ha ha!

      Comment

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