April 27, 2010

From the Senate Democrats:

Goldman Sachs executives were not received with a warm welcome by the members of the Senate Permanent Subcommittee on Investigations. At a hearing to discuss whether or not Goldman defrauded investors, McCaskill had strong words for the four witnesses: "You are the bookie. You are the house. You have less oversight and less regulation as you all began this Wild, Wild West of tranches, waterfalls, residual warehousing...You had less oversight than a pit boss in Las Vegas."

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