0 comment Wednesday, May 28, 2014 | admin



"Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party,"so says Robert Khuzami, Director of the SEC's Division of Enforcement.


* a lawyer in the SEC enforcement division.
* a baby lawyer at the firm Goldman hired to defend it. Lord, I'm glad I'm not that.

"More and more leverage in the system. The whole building is about to collapse anytime now.�Only potential survivor, the fabulous Fab . . . standing in the middle of all these complex, highly leveraged, exotic trades he created without necessarily understanding all of the implications of those monstruosities!!!!"[sic]




To which he replied, "You know, I was thinking this morning on my way to school that you are a good mom. Because you don't talk in a squeaky voice like all the other moms do."
Score one for the blunt mom. Yes, on this day I'm especially glad to be me.
My hope is to post next week on the commerce clause. Although always a sexy and scintillating topic, now it's a timely one, too, in light of our new health care law and the upcoming vacancy on the Supreme Court. (Oh, that unemployment post I was working on? Meh. Too boring and depressing).

This Maven is witty, wizardly . . . and chock-full of stories, like her post on cheaters. Is your husband brushing his teeth every day? This could be a bad omen, girls.

Happy Friday. Happy Glad-to-be-Me Day.
Labels: Bad School Pictures, Dental Maven, Goldman Sachs, Paulson, Stanford, Tourre