All Commentary
Wednesday, April 28, 2010

Goldman Case Provides Political Advantage


“Politicians like nothing more than a convenient foil, and Democrats locked in a stubborn impasse with Republicans over new rules to govern Wall Street believe they have found a gold-plated one in Goldman Sachs.” (New York Times, Wednesday)

Whatever Goldman did or didn’t do, the congressmen exploiting the case will accomplish nothing good.

FEE Timely Classic
“The Long and Short of Short Selling” by Warren C. Gibson