dimelab dimelab: shrinking the gap between talk and action.

Continuing discussions Topic in The Credit Debacle Catalog

Jesse's Café Américain Thu 2009-11-19 10:48 EST

Tavakoli on Goldman's Lies of Omission

Janet Tavakoli asks, Did Goldman Lie? One is tempted to ask, 'were their lips moving?' But why the bluff? Why did Goldman have to pretend it was not concerned at all about AIG, even as the phone records show they were involved in intense and continuing discussions at the highest levels in the bailouts, with a unique and privileged presence in discussions with the government and the Fed in which their own man was the Chairman of the NY Fed. And as someone asked, Why pick on Goldman? Well, they seem to be at the center of everything.

Goldman's Lies; Jesse's Café Américain; omission; Tavakoli.