Friday, April 16, 2010
SEC Charges Goldman with Fraud over CDOs
I do not have time to write much about this now, maybe someone else can do that. I just wanted to post a link to the complaint so everyone can read it if they want to. Here it is: http://www.sec.gov/litigation/complaints/2010/comp-pr2010-59.pdf
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If you read zerohedge, this is no shock. I think the timing of this is interesting. My Obama’s rating continues to slide and this is one thing that might help improve his rating as he is now the “good guy” and Goldman is the “bad guy”.
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