The SEC says John Paulson won't be next
Friday, 18 June 2010 02:50
Keith Springer President of Capital Financial Advisory Services in Sacramento California Quoted in Fortune Magazine on GS Fraud


The SEC says John Paulson won't be next

SACRAMENTO, Calif. (MMD Newswire) April 19, 2010 - Keith Springer, President at Capital Financial Advisory Services discusses the impact of Goldman Sachs and John Paulson fraud.

According to Katie Benner, "The Securities and Exchange Commission's civil fraud charges against Wall Street giant Goldman Sachs includes information that could damage another titan of finance: John Paulson."

"Paulson does not appear as a defendant in the SEC's lawsuit, which hones in on whether Goldman Sachs (GS, Fortune 500) disclosed conflicts of interest," Katie continues. "But if the allegations in the suit are true, then Paulson had inside, perhaps non-public, and very material knowledge about a security that made him money -- and lost Goldman clients $1 billion."

"Paulson's fund is a private entity and his records are not public, which is probably why you haven't seen charges brought against him," says Keith Springer, president of Capital Financial Advisory Services. "The government may still be gathering information, but I can't imagine them not going after him."

Benner continues, "Springer added that the revelations about Paulson likely pushed down gold prices Friday, since Paulson's funds are heavily invested in gold. Emails sent to Paulson's media relations team were not returned."

Check out the full article http://www.keithspringer.com/article103.htm

To view more media interviews visit www.KeithSpringer.com and click the "Keith in the Media" link, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call (916) 925-8900

Keith Springer is an SEC Registered Investment Advisor who frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.

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