i know a tiny bit about bankruptcy and wouldn’t venture an opinion at all, but it sounds a little cocksure to say no risk at all to GS, even if they’re holding the monies. It’s not money in the bank in the sense that I have a gold coin in my pocket which has no leverage or connection or debt owed to anyone int he universe. Possession is 9/10 of the law (whatever that means), but once the courts get involved, who the heck knows…there’s still that other 1/10.
More important though, GS seems to be acting like a bunch of blowhard morons, liek theyr’e above it all and this is retarded. It seems liek the kind fo hubris one exhibits before getting the crap knocked out of one. People liek to talk about hwo dumb the govt is, but the lawyers at the SEC on this case? It’s a career-maker. What a wonderful thing to crush the lviing hell out of GS in the public spotlight. couldnt GS be a little bit less of an a**hole in their statements? is it really necessary to be so arrogant and to goad the publci to want blood?