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Silverglate: "Goldman Sachs' Morality Play"

In Forbes, Harvey Silverglate makes some sound predictions how the Goldman Sachs case is going to play out, given the tremendous leverage the federal government has over the firm with the tools in the criminal prosecutors' arsenal. One could argue that this is rough justice, given the degree to which Goldman Sachs gamed taxpayer-funded bailouts to its advantage, but far better to have a world where there were neither politically-connected bailouts nor essentially random criminal prosecutions over profitable business practices.

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Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.