Goldman Sachs subpoenaed, blasted for lack of cooperation(Daily Kos)

This is a fine way for Goldman Sachs to repay taxpayer generosity. The major bailout recipient is doing its damnedest to block the Financial Crisis Inquiry Commission’s investigation into the crisis. The Commission has had to resort to a subpoena to get the key information it needs.

Referring to its conduct as “abysmal,” “unacceptable,” “egregious,” and “disturbing,” the panel created to probe the causes of the financial crisis slapped Goldman Sachs with a subpoena on Friday for its “very deliberate effort to run out the clock” in failing to turn over key documents and make company executives available for interviews with federal investigators.

The Financial Crisis Inquiry Commission turned to the subpoena after “multiple requests” and “months” of stalling by Wall Street’s most pro

Read more over at: Daily Kos


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