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http://www.rollingstone.com/politics/news/the-people-vs-goldman
The People vs. Goldman Sachs
A Senate committee has laid out the evidence. Now the Justice Department
should bring criminal charges
They weren't murderers or anything; they had merely stolen more money than
most people can rationally conceive of, from their own customers, in a few
blinks of an eye. But then they went one step further. They came to
Washington, took an oath before Congress, and lied about it.
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.
...
This isn't just a matter of a few seedy guys stealing a few bucks. This is
America: Corporate stealing is practically the national pastime, and Goldman
Sachs is far from the only company to get away with doing it. But the
prominence of this bank and the high-profile nature of its confrontation
with a powerful Senate committee makes this a political story as well. If
the Justice Department fails to give the American people a chance to judge
this case — if Goldman skates without so much as a trial — it will confirm
once and for all the embarrassing truth: that the law in America is
subjective, and crime is defined not by what you did, but by who you are.
The People vs. Goldman Sachs
A Senate committee has laid out the evidence. Now the Justice Department
should bring criminal charges
They weren't murderers or anything; they had merely stolen more money than
most people can rationally conceive of, from their own customers, in a few
blinks of an eye. But then they went one step further. They came to
Washington, took an oath before Congress, and lied about it.
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.
...
This isn't just a matter of a few seedy guys stealing a few bucks. This is
America: Corporate stealing is practically the national pastime, and Goldman
Sachs is far from the only company to get away with doing it. But the
prominence of this bank and the high-profile nature of its confrontation
with a powerful Senate committee makes this a political story as well. If
the Justice Department fails to give the American people a chance to judge
this case — if Goldman skates without so much as a trial — it will confirm
once and for all the embarrassing truth: that the law in America is
subjective, and crime is defined not by what you did, but by who you are.
