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To be honest, I didn't know what to think of SEC suing Goldman Sachs, and if it really would matter. But his analysis gives some hope^: * Goldman Sachs has en
by spazmaster 16y ago
To be honest, I didn't know what to think of SEC suing Goldman Sachs, and if it really would matter.
But his analysis gives some hope^:
* Goldman Sachs has entrenched their position and tied their fate to Mr. Tourre's. If Tourre goes down this will have (major) implications for Goldman Sachs. They could have put Mr. Tourre on leave till the issue was settled in court.
* SEC put one of their "top dogs" on this case
* Cover up of a crime is more dangerous than the crime it self. Goldman Sachs's statement denies the accusation and says SEC's filing is 'unfounded in law and fact'. This statement could be seen as continuing to try to cover up the crime.
^hope for us plebs who would like to see banksters be brought to justice
- Estragon 16y ago...his analysis gives some hope... Exactly what I came over here to say. I have become very cynical about how this appears to be working out.
- deleted 16y ago[deleted]