How the SEC and Congress Can Bring Down Goldman Sachs and Expose the Financial Coup

by David DeGraw from Amped Status. Unlike mainstream reporters, this insightful investigative journalist links Goldman Sachs' shenanigans to Hank Paulson, the ex-Goldman Sachs executive and former Treasury Secretary. But he doesn't hold much hope that any thorough investigation is in the offing.

So unless this is just the first of many moves on the part of the SEC, this whole case amounts to a psychological operation designed to once again quell popular outrage. These indications lead me to believe that this is a classic “limited hang-out.” As Wikipedia explains it:

    “A limited hangout is a form of deception, misdirection, or coverup often associated with intelligence agencies involving a release or ‘mea culpa’ type of confession of only part of a set of previously hidden sensitive information, that establishes credibility for the one releasing the information who by the very act of confession appears to be ‘coming clean’ and acting with integrity; but in actuality by withholding key facts is protecting a deeper crime and those who could be exposed if the whole truth came out. In effect, if an array of offenses or misdeeds is suspected, this confession admits to a lesser offense while covering up the greater ones.”