Goldman Sachs; More Distraction
I woke up this morning to the news that the SEC is charging Goldman Sachs with fraud. Whoopeedoodle. In October of 2008, I wrote a piece based on a WSJ article about the FBI opening preliminary investigations into 26 banks. Anybody heard a peep about it since? The last article I saw was the investigation of BofA over Merrill Lynch in September, 2009. The average American may think this is great news if they were really paying attention and had all the facts. An SEC charge against Goldman Sachs is more deflect and distract. TurboTax Timmie (and some say Hank…