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Ryan Vanzo

The Word on Wall Street

April 22, 2010 Marketplace

Written by: Ryan Vanzo On April 16, the Securities Exchange Committee (SEC) charged Goldman Sachs with fraud in the structuring and marketing of Mortgage-Backed Securities. The SEC claims that Goldman acted against their clients’ best interests by recommending mortgage securities to them even though the firm was betting on them falling in value. The SEC [...]

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Letter to the Editor – The worst bank of all: the U.S. gov’t

March 18, 2010 Editorials

Dear Editor, There’s no doubt that everyone is being hit hard by the recent recession, but who’s to blame? Most average American citizens are unanimous when stating who they think caused the problem: Wall Street and those greedy banks. It’s true, those two scapegoats made risky loans, stretched themselves farther than possible, and made terrible [...]

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