Monday, April 2, 2012
Wall Street (Goldman) and Sex Trafficking
According to the NY Times, the biggest forum for sex trafficking of under-age girls in the United States appears to be a Web site called Backpage.com.
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…..
More on this story at http://www.nytimes.com/2012/04/01/opinion/sunday/kristof-financers-and-sex-trafficking.html?_r=4&src=tp