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You don’t have to take just my word on it. Charlie Rose interviews Michael Lewis, David Boies, and Andrew Ross Sorkin about the SEC’s case against Goldman. They all agree that what Goldman did probably should be illegal, but that it might not be right now. SEC Case Related Highlights: [...] The government’s argument is that Goldman co-created a pool of investments designed to fail with a notable investor (John Paulson), and then misled their investors as to the quality of the pool. This argument sounds great in the court of public opinion, but in a real court it will fall flat. Goldman disclosed all of [...] |
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Copyright © 2012 Joel E Lewis - All Rights Reserved |
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