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Thread: Goldman Sachs Accused of Rigging London Tax Vote

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    Goldman Sachs Accused of Rigging London Tax Vote

    Goldman Sachs accused of rigging tax vote

    By staff writers From: news.com.au February 13, 2010 3:31AM

    A BANK has been accused of rigging a public vote on whether the City should pay a levy on its wheeler-dealing.

    Campaigners for a "Robin Hood tax" on banks operating in the City of London were surprised when thousands of votes invaded their website, rejecting the proposal.

    There were almost 5,000 no votes against the tax within less than half an hour, but these emanated from just two computer servers - one registered to the investment bank Goldman Sachs.

    Campaigners believe a tax on every trade in financial markets could raise tens of billions of pounds to tackle poverty and climate change abroad.

    Goldman Sachs said: "We have just received this information, and we are investigating the matter fully."

    The bank has been severely criticised about lavish bonuses in the financial sector, after its boss insisted the bank was "doing God's work".

    http://www.news.com.au/business/gold...-1225829907739

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    Of course I hate to see these kind of socialist "cap and trade" taxes used to redistribute wealth to the third-world from the West, but when a bank so blatantly meddles... it "makes news" to me .

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