Capitalism eats its young: Criminal probe of Goldman underway

What is bizarre about this report of a Department of Justice probe into Goldman is that the SEC case is…

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Goldman Sachs hearing: Is Senator Levin thick, or just being disingenuous?

As I follow the hearings today it is clear that Senator Levin and co. just do not understand how the…

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British intellectual Fred Halliday, 1946-2010

Sami Zubaida, who was on my dissertation committee at the University of London, penned this respectful obituary for the late…

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Senators “Shocked, Shocked” to Discover Gambling on Wall Street

Today’s Senate assault on Wall Street was a sure sign of the disconnect between American politics and modern capitalism. It…

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The charge against Goldman Sachs that may really matter

As readers know I am somewhat sceptical of the basis of the claims against Goldman Sachs made by the SEC…

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SEC Said to Vote 3-2 to Sue Goldman Sachs Over CDOs (Update2) – Bloomberg.com

It is highly troubling that the SEC split on whether to pursue Goldman Sachs in the ABACUS CDO deal. Of…

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Battle for Helm of SEIU Underway After Stern

Andy Stern is not yet out of the way but the battle among SEIU’s top officials for control of the…

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Rethinking the Goldman case

Larry Ribstein of the University of Illinois seems to think the SEC has Goldman by the you know what according…

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Goldman’s Move to Dismiss SEC Charges

Well, rhetorically, at least. This Goldman press release argues it was all ACA’s fault. No explanation for the email traffic…

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Is Henry Blodget right to pooh pooh the SEC case against Goldman?

Henry Blodget, famed analyst from the dot com bubble (which he helped created), thinks the SEC case against Goldman Sachs…

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