The lawsuit that Goldman Sachs filed earlier this week against seven of its former employees that defected to Credit Suisse? Boom. Evaporated. Dismantled probably by LB's pair of "giant, nuclear-powered testicles."
Today, Goldman filed a notice of dismissal and we're a bit confused as to the sudden change of heart. Were the GS people inspired by Tiger's mea culpa and got overwhelmed by a warm, fuzzy, love feeling and decided to make the world a better place? Did LvP advised to go against it 'cause he couldn't come up with any snappy repartee about it? Should we just ask Matt Taibbi? A Goldman spokesperson gave us only one clue (though repeated three times) "The matter has been resolved."
The lawsuit, filed Wednesday in Georgia, alleged that Credit Suisse offered the group of investment managers "tens of millions of dollars" to leave Goldman Sachs in an act of "pirating." But apparently we're all good now.