The Corner

Is Goldman Evidence of Need for Regulation?

Andy McCarthy and I continue our conversation about Goldman Sachs and the John Paulson security sale below. If Goldman’s behavior was — at the very least — unethical, is that evidence of the need for more regulation?

Some highlights:

1:45: Does unethical behavior point to the need for more regulation?

5:30: The free market won’t punish Goldman because Goldman is quasi-governmental.

6:50 : Are Republicans confusing Wall Street with capitalism?

Most Popular

Andrew Cuomo’s Horrific Decisions

Observers of New York politics over the past several years understand that Governor Andrew Cuomo’s fanatical obsession with humiliating and overruling his fellow Democrat Bill de Blasio towers over every other consideration in the Empire State. Sometimes Cuomo’s habits come across as merely silly, as when he ... Read More

Andrew Cuomo’s Horrific Decisions

Observers of New York politics over the past several years understand that Governor Andrew Cuomo’s fanatical obsession with humiliating and overruling his fellow Democrat Bill de Blasio towers over every other consideration in the Empire State. Sometimes Cuomo’s habits come across as merely silly, as when he ... Read More
U.S.

Systemic Racism? Make Them Prove It.

I  worked in the criminal-justice system for a quarter century. It is run, day-to-day, by the crème de la crème of graduates from America’s top law schools. Those institutions wear their progressive bona fides on their sleeves and proclaim it for all the world to hear. In their offhand rhetoric — ... Read More
U.S.

Systemic Racism? Make Them Prove It.

I  worked in the criminal-justice system for a quarter century. It is run, day-to-day, by the crème de la crème of graduates from America’s top law schools. Those institutions wear their progressive bona fides on their sleeves and proclaim it for all the world to hear. In their offhand rhetoric — ... Read More