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More Than Goldman Sachs In SEC Gun Sight

http://www.forbes.com/2010/04/16/goldman-sachs-fraud-lenzner-markets-streettalk.html

by jeromec • 16 years ago

2 1 16 years ago

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pasbesoin• 16 years ago

This is the only news article/commentary on this that I've seen so far that mentions what I suspect. The current charges are civil. I suspect it may well stay that way; civil charges do not threaten GS' ability to do business with the federal government (and some state governments, I would suspect).

Further, it appears that they have picked out a vice president to serve as figurehead and scapegoat, taking the fall while the real/rest of senior management uses him as a a convenient shield/raincoat.

I may be wrong, but so far, I'm not terribly impressed.

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