But now everyone should be on notice that Goldman is not to be trusted

Reader comment on: Levin Twists the Facts

Submitted by Lyle (United States), Jul 16, 2010 16:29

They did admit they were less than fully candid about the CDOs. From now on one must assume that Goldman may be less than fully candid about everything. They may tell the truth, but not the whole truth. Actually in Goldman's case the best thing for the stockholders might be to break the company up, just like the best thing that happened to the Rockefellers was the 1911 anti-trust ruling against Standard. The pieces were worth more than the whole. Given the "good" people at Goldman, more need a chance to be CEOs, so cut them up into 5 or so pieces to give more the chance.

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