Who cares about this lawsuit? The worst case scenario, is that Goldman will pay a fine that is a fraction of what they earned on this transaction. This in nothing more than a token show trial.
Goldman & similar large financial firms, can routinely behave in this fashion without any fear of criminal prosecution, as they own “our” regulators & “our” courts. The Fed has Goldman’s back as they are too big to fail, which should mean they are too big to exist.
Who cares about this lawsuit? The worst case scenario, is that Goldman will pay a fine that is a fraction of what they earned on this transaction. This in nothing more than a token show trial.
Goldman & similar large financial firms, can routinely behave in this fashion without any fear of criminal prosecution, as they own “our” regulators & “our” courts. The Fed has Goldman’s back as they are too big to fail, which should mean they are too big to exist.