The Senate is still on the job, may yet actually do something.

April 17th, 2011 by Rick Drain

It seems to be taking forever, but perhaps the wheels of justice will actually turn.  The Senate panel has referred their report to the Justice Department and the SEC, meaning that they’re encouraging those agencies to actually punish the now-well-documented wrong-doers.

“(Reuters) – In the most damning official U.S. report yet produced on Wall Street’s role in the financial crisis, a Senate panel accused powerhouse Goldman Sachs of misleading clients and manipulating markets, while also condemning greed, weak regulation and conflicts of interest throughout the financial system.”

Senate panel slams Goldman in scathing crisis report