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Why would Goldman Sachs be stupid not declaring SEC fight? Fined $650,000

(Last Updated On: November 10, 2010)

Why would Goldman Sachs be stupid not declaring SEC fight? Fined $650,000

I mean really. They claim to be the best but are they that dumb in not declaring a SEC probe. Makes me wonder if they are arrogant or plain old dumb? Also, $650,000 is probably the hourly rate for their CEO.

http://www.bloomberg.com/news/2010-11-09/goldman-sachs-fined-650-000-for-failing-to-disclose-sec-probe.html

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