Your Guide to the Goldman Sachs Lawsuit (US News & World Report)

By | April 21, 2010

US News has done a good job of covering the Goldman Sachs/SEC lawsuit.  My comments stay away from passing any judgement in either direction:

“In some ways, this is Wall Street 101 in that there needs to be somebody on both sides of every deal. So clearly you have a world full of smart financial firms, but still with those firms often taking bets opposite of each other,” says Kevin McPartland, a senior analyst with the TABB Group, a financial-sector research and advisory firm. “There’s always going to be somebody that’s looking in the opposite direction.”

The full story is definitely worth a read at usnews.com

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