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Old 07-16-2010, 09:04 AM
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Smooth Operator Smooth Operator is offline
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Join Date: Jul 2006
Posts: 1,169
Default Never would've happened ...

under con 'leadership'


Goldman caves.


http://www.sec.gov/news/press/2010/2010-123.htm


"Half a billion dollars is the largest penalty ever assessed against a financial services firm in the history of the SEC," said Robert Khuzami, Director of the SEC's Division of Enforcement. "This settlement is a stark lesson to Wall Street firms that no product is too complex, and no investor too sophisticated, to avoid a heavy price if a firm violates the fundamental principles of honest treatment and fair dealing."



Well done, Khuzami


Now if we can just get Cox, Bush and Cheney in orange jumpsuits for allowing Wall St. to 'go wild' in the first place…
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