Dragon NaturallySpeaking could transcribe continuous speach in the late 90's at nearly full speed, it was amazing. But then it disappeared, this explains it.

Dragon NaturallySpeaking could transcribe continuous speach in the late 90's at nearly full speed, it was amazing. But then it disappeared, this explains it. Moral of the story: don't ever pay upfront for deal advice because interests aren't aligned, light a fire under the due-diligencers by making it a % of the deal. Not everyone at Goldman is evil I can vouch for that personally, but also not everyone there (or in M&A / wall st circles) doesn't gradually acquire some degree of jaded entitlement or dispassionate, insular inhumanity either... that's what a city and high earnings does to some people. Plus, not knowing business, not having a strong relationship with an IB and not doing your own due-diligence are all contributing personal failures. Regardless, the other party spears to have committed fraud and Goldman seems it didn't completely live up to its fiduciary duty in this instance. The nails in these employees' coffins is not meeting with the press to express reasonable and legally-defensible answers, it makes them look guilty. (You've got to know when a blanket best-practice such as not speaking to the press during ongoing legal matters should be broken without compromising the case.)