This is a special Saturday weekend edition of the linkfest concerning the SEC case against Goldman Sachs.

The final update to this post as of early Sunday morning:

The risk to Goldman is that the SEC case snowballs into something even bigger.  (NYTimes)

Goldman needs to “reform or die.”  (Interfluidity, ibid also Felix Salmon)

Some open questions about the Abacus deal.  (Felix Salmon, Big Picture)

Let the feeding frenzy begin.  (DJ Market Talk)

Goldman should try and make this case go away as quickly as possible.  (Economics of Contempt)

Look out for the many civil suits that will now be filed against Goldman.  (Clusterstock)

The SEC’s case is no “slam dunk.”  (Stone Street Advisors)

Goldman is down, but not out.  (Barron’s)

‘The more opaque the structure, the higher the fees.”  (the research puzzle)

Goldman’s possible defense(s):  blame everyone else.  (Atlantic Business)

Don’t overlook ACA’s role in all of this.  (Kid Dynamite)


Updated 11AM Saturday EST – We have added a few more items this morning:

Is this our Pecora Moment.  (Baseline Scenario)

How did you react to the Goldman news?  (The Reformed Broker)

How the rise of the synthetic CDO made things worse.  (NYTimes)

More on the hit Goldman’s reputation has taken.  (Bloomberg)

John Paulson escapes the clutches of the SEC.  (NYTimes)


John Paulson’s request remains at the heart of the Goldman case.  (WSJ)

John Paulson and his “greatest trade ever” avoid the reach of the SEC suit.  (Dealbreaker, Deal Journal)

Goldman owes the public and its clients an apology.  (Felix Salmon)

Paolo Pellegrini reportedly talked to the SEC about John Paulson.  (Daily Intel contra Clusterstock)

Goldman as “used car dealer.”  (The Big Money)

Most CDO deals were put together on good faith.  Abacus may be another issue entirely.  (Falkenblog)

The only thing surprising about the Goldman Sachs suit was that if was filed in the first place.  (Daily Options Report)

The game is on.  Nothing that happens to Goldman or the players should be surprising.  (The Reformed Broker)

The Goldman Sachs (GS) case shows the extent to which a bank will bend the rules for a good client.  (The Big Money)

The impact of Goldman on the broader stock market.  (MarketBeat, ibid)

Has the market overreacted to the news?  (DealBook, Bespoke)

What happens after a 10%+ down day for Goldman shares.  (Bespoke)

Market makers in Goldman options experienced some serious gamma risk today.  (MarketBeat)

How much might Goldman have to pay in fines?  (Curious Capitalist, DJ Market Talk)

The Goldman presentation on Abacus trade.  (naked capitalism)

In light of the Goldman/SEC news, financial reform is back.  (FT Alphaville, DealBook)

Barry Ritholtz (and Charlie Gasparino) on the Goldman news. (Tech Ticker, Dealbreaker)

Howard Lindzon and Paul Kedrosky talk Goldman.  (StockTwits TV)

Matt Taibbi makes an appearance.  (YouTube)

A Goldman Sachs/SEC linkfest.  (FT Alphaville)

Our post on Goldman Sachs from last year.  (Abnormal Returns)

Earlier from the Friday linkfest:

The SEC sues Goldman Sachs (GS) for (subprime) fraud.  (NYTimes, WSJ, Clusterstock)

Goldman will need to answer for its actions.  (Felix Salmon, Baseline Scenario, MarketBeat, Curious Capitalist)

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