Professor Elam

Monday Feb 15 2010

I suggest you add this article about Goldman for your background reading on the finanical crisis paper which is due this Wednesday. Indeed, the article lists ten question the EU will have in an audit of Goldman activities with European governments. One student wondered how Goldman  could move Greek debt off the balance sheet into the future, so do I. As the article suggests, Goldman has now become rogue in the same way Solomon Brothers (Liars Poker) was 20 years ago.