It’s fair to say that members of the Financial Crisis Inquiry Commission are pissed as hell at what they think are efforts by Goldman Sachs to ride out their investigation. The commission’s chairman, Phil Angelides, blasted Goldman on a conference call with the media today after announcing the panel had subpoenaed Goldman, sending its shares down.
Apparently, Goldman has been responding to requests for documents by flooding the panel’s 50 staffers with millions of emails and other things, which are mostly bullshit documents that aren’t relevant to the investigation.
“We did not ask them to pull up a dump truck to our offices to dump a bunch of rubbish,” Angelides said on the call. “We’re not going to let the American people be played for chumps here. We should not be forced to play ‘Where’s Waldo’ on behalf of the America people.” Continue reading »