What pisses me off the most about the article is that Goldman Sachs seems to have such a large influence on the regulatory body. They had a subsidiary company

What pisses me off the most about the article is that Goldman Sachs seems to have such a large influence on the regulatory body. They had a subsidiary company sent a letter to the commission asking for exceptions to the rules. The head person at the commission was someone who actually worked for Goldman Sachs before and after (maybe even during) working at the commission. And they approved this. When someone inquired about these exceptions they eventually says: ‘We have to clear it with Goldman Sachs.'