[freespirited]

I can see the SEC’s argument that Goldman withheld material information. Of course material information is withheld every minute of every day on Wall Street and the SEC and other so-called regulators do nothing. Once in a while they lift a finger to make an example of someone so the public is fooled into believing that regulation actually exists.

All show trials IMO.

[what's up]

Once in a while they lift a finger to make an example of someone so the public is fooled into believing that regulation actually exists.

Also, they are using this to pass NEW REGULATION to stifle investment banks.