Over a year ago, I predicted that as the financial worm is turning, based on this. from shock to fraud…. eventually some of the big players in the financial debacle in the U.S. would be going to court (and perhaps jail). Reading this, it looks like it is finally starting to happen, at least for Goldman Sachs. It looks like the SEC has a pretty good case against Goldman. It will be interesting, to say the least, to see it played out.
Smart People I Know 
I don’t think any of the people chiefly responsible will see any jail time for what they did but this is still better than nothing.
I think there is more to this than meets the eye. I will write about that soon.