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A comment on SEC and Pornography: Workers Spent Hours on Porn Sites Instead of Stopping Fraud. Parent comment

Re:SEC and Pornography: Workers Spent Hours on Porn Sites In... by yummyfajitas on Friday April 23, 2010 @07:02PM (#1289747)
A defendant in a major lawsuit, on the other hand, absolutely has an incentive to try and turn the tables by virtue of something like this. The two are not equivalent.

Are you somehow suggesting that back in 2008, Goldman persuaded Sen. Chuck Grassley to demand an investigation into porn watching at the SEC? Somehow, back then, they knew that the SEC would make a press release about a weak case they were planning to file against Goldman? And they somehow managed to ensure that the porn report would come out only a week after the investigation into Goldman was released? And somehow, they also happened to know that the SEC was full of porn watchers who can't wait until they get home?

That's quite the conspiracy.

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Re:SEC and Pornography: Workers Spent Hours on Porn Sites In... by jbooth on Friday April 23, 2010 @08:12PM (#1289899)
I suppose I'm saying that Goldman is much better motivated and better equipped to steer the narrative, congressmen and capture various regulators than the regulators are equipped to actually regulate Goldman. If you're going to apply a bias, I'd suggest that one.

As far as what I think Goldman's been doing with regard to the SEC, I'd assume that they have several very smart and well-funded people continually looking for opportunities to get leverage over anyone, any way. I wouldn't go so far as to allege they're the ultimate power behind this particular investigation, that could easily be explained by Grassley being a republican, he probably doesn't like the SEC to begin with.

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Re:SEC and Pornography: Workers Spent Hours on Porn Sites In... by yummyfajitas on Saturday April 24, 2010 @11:04AM (#1290949)
The problem with your theory is that the SEC, not Goldman (or any other party possibly under the secret control of Goldman), controlled the timing of these reports.
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