Now Levin is grilling a Goldman employee as to why they continued to sell a deal that the head of the division had described as “a shitty deal”. The banker is trying to explain that he’s a salesman, not a fiduciary, with little success. What I want to know is–didn’t these guys learn a damn thing from the show trials of the last decade? These are the kinds of things that should never, ever be committed to any form that can be subpoena’d by a committee.
