Tuesday, June 8, 2010

GOLDMAN SACHS trying to hid something? Why dump 2.5 Billion documents toFinancial Crisis Inquiry Commission

Earlier today the Financial Crisis Inquiry Commission issued a subpoena to Goldman Sachs. Basically, they claimed that Goldman was giving them the run around, dumping billions (!) of pages of documents and asking them to play a certain outdated children's favorite. My daughter digs Dora, but maybe she's still too young for Waldo. This from Business Insider

Well now, get this. Commissioner Phil Angelides is angry, according to The Hill, that Goldman dumped on it 2.5 BILLION documents, claiming the bank is forcing the commission to play "Where's Waldo."

In other words, Angelides wants the bank to just pick out the documents that make it look like it caused the crisis, and perhaps even highlight the really damning stuff in yellow.

So tonight the FCIC came back and detailed just what it was looking for to show everyone that even an idiot would have known exactly what page of what document they were looking for. No need for renting the dump trunk (or I guess really large hard drive since this stuff is transfered electronically).

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