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Sunday, April 1, 2012

Financiers and Sex Trafficking

OMG - you can't make this stuff up. Goldman Sachs is invested in a company that is notorious for promoting prostitution, not just any old consensual adult prostitution that shouldn't be criminalized anyway but prostitution that includes under age girls and female sex slaves.
THE biggest forum for sex trafficking of under-age girls in the United States appears to be a Web site called This emporium for girls and women — some under age or forced into prostitution — is in turn owned by an opaque private company called Village Voice Media. Until now it has been unclear who the ultimate owners are. That mystery is solved. The owners turn out to include private equity financiers, including Goldman Sachs with a 16 percent stake. Goldman Sachs was mortified when I began inquiring last week about its stake in America’s leading Web site for prostitution ads.
Read the rest here
The New York Times