Questions, Questions

Was the public disclosure of the bank stress tests delayed so Goldman Sachs could raise capital? Is national policy managed to serve one private investment group’s convenience? As the disclosure and fiduciary laws related to protecting the rights of existing creditors and shareholders were violated in Bank of America’s purchase of Merrill Lynch, are the disclosure rights of new bondbuyers to be violated for Goldman Sachs? How can investors price a security if the Wall Street-Washington axis are free to manage material omissions for the purpose of fleecing them? And if price has no meaning, what then?