Goldman Sachs Mortgage Deals: Legal but What About Ethical?

Updated

So what's the story? Are the creeps at Goldman Sachs the most crooked thieves known to humanity, or are they simply going about business as usual on Wall Street?

Both sides of the saga have their merits. It doesn't help Goldman's case when emails surface from its reps about selling "shi***y" bonds, or from Fabrice "Fabulous Fab" Tourre boasting about unloading junk bonds to widows.

Then again, Wall Street is always about a gamble. (Insert Vegas or card-playing analogy here.) Wall Street lives in its own bubble. Is the real crime the disconnect it has with Washington? Didn't Gordon Gekko say in the movie"Wall Street," "Greed is good"?

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