Politicians like nothing more than a convenient foil. Democrats, who are locked in a stubborn impasse with Republicans over new rules to govern Wall Street, believe that they have found a gold-plated one in Goldman Sachs.
According to the Democrats, it is said that the convergence of their push for a financial regulation overhaul and a prominent federal securities case against the prestigious investment companies is actually a matter of coincidence instead of planning. However, they have seized on emerging details about Goldman’s wheeling and dealing to cast more pressure on Republicans.