As more information comes to light in the SEC vs. Goldman Sachs (GS), the case looks more and more porous. Actually, not just porous but partisan.
We can’t help but wonder whether this has something to do with the fact that the market has totally reversed itself, overcoming earlier losses, as traders realize that this case probably isn’t the end of the world.
Not only is the Dow up 50, but even Goldman Sachs itself is in the green, suggesting that at least for now, Friday’s panic is gone.
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See Also:
- Not Only Was The Goldman SEC Vote Split, It Was 100% Partisan
- Here Are The Three Key Points Goldman Is Using In Its Defense
- GOLDMAN TO SEC: All Firms Had Same Disclosure, All Buyers Knew Someone Was Betting Against Them, And All Parties Had Input