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HomeWould Goldman Sachs Defense Expose the Regulators and Legislators?
Posted by Larry Doyle on April 30th, 2010 2:17 PM |
When faced with significant threats to self-preservation, desperate people will take desperate actions. This reality is not always displayed in public, but the reality is that backroom dealings which lead to legal settlements are truly high stakes poker games.
On this note, for those interested in the markets and economy, who would not want to be a fly on the wall or a bug in the phone as dialogue and discourse flies back and forth between Goldman Sachs and officials from the Securities and Exchange Commission (SEC), Department of Justice (DOJ), Financial Industry Regulatory Authority (FINRA), Congressional subcommittees, and even the White House? (more…)
A Wall Street Insider’s Views on Goldman Sachs
Posted by Larry Doyle on April 16th, 2010 1:45 PM |
Given the extraordinary interest in the SEC charging Goldman Sachs with fraud, I am compelled to provide a compilation of my writing on Goldman going back over the last year. Although many may view Goldman as one massive conspiracy, I have never been one to paint an entire organization (or industry) with a broad brush. That said, I have been aggressive in questioning Goldman’s comfort level in jeopardizing its reputation in pursuit of profit. I said as much in a public interview on CNBC last month.
Goldman’s close, if not incestuous, relationships with Washington, many hedge funds, and major clients has positioned the firm as the centerpiece of America’s outrage toward Wall Street. To that end, for those interested in my views of Goldman Sachs, I am happy to provide the following links from the Sense on Cents archives: (more…)
