Legal Insurrection "Civil charges can put pressure on a firm and industry, and in themselves can be destructive. Regardless of the SEC's subjective motivation, objectively the Democrats use of the charges as an excuse to push through legislation seems to fit a pattern of bullying private industry. Now the bullying is being raised to a whole new level, as Democrats in Congress are calling for a criminal investigation of Goldman Sachs:"...
William A. Jacobson; Associate Clinical Professor of Law, Cornell Law School, Ithaca, NY
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