[In case it needs to be said: I don't agree with every word of everything I link to. --L.]
- Goldman Sachs Sued for Securities Fraud by SEC
- The assertion that the accusations are "completely unfounded in law and fact" is hilarious. As Matt Yglesias points out: "The general form of this complaint, that it was wrong for Goldman to make money by betting on the failure of debt-vehicles that in another context Goldman was marketing, has been around for a while." Being pissed that the SEC believes the law applies to you isn't the same as the case being unfounded in law. Sorry, fellas.
Also see: BTD.
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