Matt Taibbai stated the following in Rolling Stone Magazine
Thanks to an extraordinary investigative effort by a Senate subcommittee that unilaterally decided to take up the burden the criminal justice system has repeatedly refused to shoulder, we now know exactly what Goldman Sachs executives like Lloyd Blankfein and Daniel Sparks lied about. We know exactly how they and other top Goldman executives, including David Viniar and Thomas Montag, defrauded their clients. America has been waiting for a case to bring against Wall Street. Here it is, and the evidence has been gift-wrapped and left at the doorstep of federal prosecutors, evidence that doesn’t leave much doubt: Goldman Sachs should stand trial.
I don’t know all the facts, but Goldman seems to have violated innumerable ethical and legal standards. The fact that Goldman (and Wall Street) runs our government is a likely explanation for why no investigations have occurred or will occur. Bob Rubin, Henry Paulson and too many other ex-Goldman became powerful government officials, probably benefiting themselves and their former firm. That and enormous Wall Street money going to pols provides immunity in a corrupt political system.
