Goldman Sachs vs. SEC - by the_grip
Chade on 29/4/2010 at 22:59
That's a pity.
I hope my last paragraph indicated that I don't see this as a black and white affair, and it's certainly true that the more I learn the more I realise I don't know (as is true of anything, really).
I guess I'm really reacting to journalists and politicians touting lines like "evil Goldman made money while everyone else suffered!", which neatly plays on "evil banker" stereotypes while avoiding the actual issues at hand.
CCCToad on 30/4/2010 at 02:58
Quote:
2. On the flip side of the coin, I'm currently up for consideration for a post with the S.E.C. and may end up on the enforcement side. I obviously won't end up working on this deal, but I would be dealing with similar ones, since it's my area of practice.
If you're working on enforcement, I like you a whole lot better.
Aerothorn on 30/4/2010 at 03:03
I'm sure he'll be thrilled to here that.
Seriously, congrats on (possibly) re-entering the workforce, though hopefully this isn't one of those 100-hours-a-week gigs.
Tocky on 30/4/2010 at 04:21
Scoring cheap points is what senators do. Remember when they brought the auto boys to town? Damn little help as far as I can see. They managed to take out the money pool - insurance net thing from the new banking legislation and as far as I can tell that was the best part, the part where the general public doesn't pay for the big boys getting caught short or long or with a fatty or something.
It's always complicated in the details. And it's always simple in another way. Sure, nobody can tell exactly how long a bubble built of crap loans will last. Hell, it's always what somebody is willing to pay and where I live real estate went down not a whit anyway. But Paulson had enough of an idea that millions of his own rode on it. That's a damn solid idea. You can't say his investors got a whiff of it.
And it IS a pity you can't comment. I don't understand how Paulson isn't culpable on a personal if not legal level. I also don't see how GS wont be hurt investor confidence wise. Sure though, they will outlast it.
Anyway welcome to the sort of good guys sometimes side RBJ. The difference may not be immediatly noticable, if ever.
Rug Burn Junky on 1/5/2010 at 22:21
Quote Posted by CCCToad
If you're working on enforcement, I like you a whole lot better.
Knowing in what low esteem most people hold your opinion here, I wonder why you would even think I give a flying fuck.
Rug Burn Junky on 2/5/2010 at 22:47
The height of witticism, circa 2003: borrowing someone else's image macro because you can't think of anything to say yourself.
You sure you don't want to just go back to embarrassing yourself by whining about me in the thread tags?
june gloom on 2/5/2010 at 22:53
That being said, that is a hilarious macro and I'm saving it.
CCCToad on 3/5/2010 at 06:23
as you wish, RBJ.
Matthew on 4/5/2010 at 19:23
Quote Posted by CCCToad
I highly doubt they make any erotica of SEC employees.
Only because RBJ doesn't work there yet.
