Goldman Sachs Group Inc. had no standard contracts in place to protect itself when it made $1.3 billion in options trades for Libya's sovereign-wealth fund controlled by Col. Moammar Gadhafi, according to people familiar with the situation.Having known about Obama's campaign and White House connections to Goldman Sachs, I just had to check it out and, sure enough, wouldn't you know:
With all the money wizards of GS and the Obama Administration swapping bunks, is it possible that the financial rip off of Qaddafi was about to become an embarrassment?It never ends with this guy.
For a really detailed view of all his shenanigans up through the fall of 2010, be sure to read David Limbaugh's Crimes Against Liberty.
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