Sorry, but this shit is getting old. Hearing about one more Goldman person moving over to watch over their friends is a very tired story. This explains why that company only bounces up despite requiring their own handout. (The AIG handouts continue to benefit Goldman enormously as we just witnessed.) It's not that a Wall Street insider isn't a good choice to watch over since they know the system but damn, it's always Goldman.
A Goldman Sachs executive has been named the first chief operating officer of the Securities and Exchange Commission's enforcement division.
The market watchdog agency said Friday that Adam Storch, vice president in Goldman Sachs' Business Intelligence Group, is assuming the new position of managing executive of the SEC division.
