Whether Wall Street colossus Goldman Sachs has committed a crime remains to be seen, but the investigation may well uncover the environmental lobby and its public figurehead.
The SEC civil charges against Goldman Sachs challenge a firm with ties to many Democrats, including Al Gore.
Source:
http://pajamasmedia.com/blog/will-obamas-goldman-sachs-attack-expose-al-gore-or-other-dems/
Investment giant Goldman Sachs on Tuesday posted surging first quarter profits of 3.46 billion dollars, doubling its profit of one year ago, even as it faces US government probe into its role in the US financial meltdown.
Source:
http://rawstory.com/rs/2010/0420/goldman-sachs-posts-soaring-346-bln-profit/
The SEC suit against Goldman Sachs makes it clear that credit default swaps made the Great Crash worse than it should have been.
Now it's time to impose serious regulation on these time bombs, regardless of what it does to JPMorgan Chase's ability to coin money.
Source:
http://firedoglake.com/2010/04/19/real-regulation-for-credit-default-swaps-is-necessary/
