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Nutty Is Right

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Howey
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« on: April 14, 2011, 11:33:11 am »

They're all (pdf)crooks.

Hopefully, those beholden to Wall Street, anyone, won't try to block this.

Quote
The chairman of the U.S. Senate's investigative subcommittee said he believes Goldman Sachs officials made misleading statements about their trading during the financial crisis and should be investigated criminally.

Sen. Carl Levin (D-Mich.) said on Wednesday that he plans to refer Goldman officials, and potentially officials from other organizations, to the Justice Department for possible prosecution and to the Securities and Exchange Commission for possible civil proceedings.

“In my judgment, Goldman clearly misled their clients and they misled the Congress,” said Levin, the chairman of the Senate Permanent Subcommittee on Investigations.

Levin’s statement came after a two-year, bipartisan investigation by his subcommittee. In one widely covered hearing in April 2010, as part of the investigation, senators sparred with Goldman officials over a mortgage-related product that a Goldman executive had referred to in an e-mail as a “shitty deal.”


When are we going to put an end to lobbying?
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