I'd thought it strange, after the financial crisis, in which Goldman had played such an important role, that the only Goldman Sachs employee who had been charged with any sort of crime was the employee who had taken something from Goldman Sachs.

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In "Flash Boys," Michael Lewis reflects on the aftermath of the financial crisis, highlighting the surprising lack of accountability for major players like Goldman Sachs. Despite the firm’s significant involvement in the crisis, only one employee faced legal consequences, and that individual was punished for taking something from the company rather than for any wrongdoing related to the crisis itself. This raises questions about the justice and regulatory systems that seem...

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January 26, 2025

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