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Posts Tagged ‘Goldman Sachs leverage’

Would 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…)






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