Tuesday, December 29, 2009

Will those who corrupted the financial business

ever face justice for their crimes?  I am not optimistic, but our author is.

3 Fraud Probes Target Goldman, AIG: Is It "The" Story of 2010?
by bobswern
It does not take much reading between the lines of recent news stories--although, technically, this is still just speculation--to come to a yet-to-be-confirmed conclusion that many executives from numerous Wall Street firms, including Goldman Sachs' past and present CEOs Hank Paulson and Lloyd Blankfein,  respectively,  may be in the cross-hairs of  multiple fraud investigations by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA),  and Congress. (See Gretchen Morgenson's NY Times links, further down the page.)

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