Will the timing of the SEC charges against Goldman Sachs help the financial reform legislation?

Financial reform legislation is being debated this week, and the SEC charged Goldman Sachs with fraud on Friday.





Maybe Goldman Sachs will be found guilty eventually, but the timing just seems very interesting. It is like the uproar about one insurer's request for a 39% rate hike in California just before the final vote on health insurance reform.|||No.


This Administration brings out some dirty laundry every time they want to enforce some new


restriction on the populace. Blow something up like a balloon, way out of proportion to the problem, to accomplish their end goal; the end justifies the means. If the laws already in place were enforced, we would need no more but that would not give the Administration more power and that is what those supported by the Unions want, more power. Those who are political are beginning to understand that and the Administration is viewed with less and less respect. Union heavy handed smears and tactics, imo.|||Yes and it is a good strategy.