No, seriously, he really did just say that. Completely delusional. And cracking under the pressure. Dang.
The idea that an SEC enforcement action on a lone transaction is tantamount to a campaign to “kill” the firm is bizarre…It suggests either hypersensitivity to bad press, or recognition of the possibility that the discovery in the SEC case will expose widespread predatory conduct.
While it is too early to tell, the SEC may have found Goldman’s underbelly.
Maybe Goldman either cleans itself it or outside forces will do it for them.