Tuesday, April 20, 2010

SEC Vote On Goldman Was Split Along Party Lines

Bloomberg has a bombshell addition to the continuing saga of the Goldman Sachs prosecution. The SEC's commissioners voted 3-2 along party lines to prosecute Goldman over its Abacus deals -- the three Dems voted to charge and the two Republicans voted not to charge.

The reported vote results are sure to lend ammunition to critics of the SEC's enforcement action who argue that Goldman was unfairly targeted by the agency.


Read Bloomberg's story here.

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