Thursday, April 29, 2010

Goldman set to settle SEC fraud case soon: report

http://finance.yahoo.com/news/Goldman-set-to-settle-SEC-rb-1912925648.html?x=0&sec=topStories&pos=2&asset=&ccode=

Unbelievable...As if Goldman should be allowed this option.
But it seems to be obviously there for them to contemplate.
I always forget there are separate rules for the elite that are not afforded to the average person.
The average person would be posting bail if they pulled the shenanigans that Goldman and friends have.


Goldman Sachs may soon settle its fraud case with the U.S. regulator, the New York Post reported on Thursday, opting to end a legal fight rather than endure a repeat of the public flogging it received this week.

The Post report, citing sources familiar with the matter, said Wall Street's top investment bank was mulling closing the fraud case with the U.S. Securities and Exchange Commission (SEC) to limit damage to its reputation.