Goldman Sachs Goldman’s fingers

Everyone is bitching about Goldman Sachs. The reason is the firm’s hydra-headed involvement in the merger of the New York Stock Exchange with Archipelago Holdings. Goldman’s potential conflicts in the deal are everywhere. So much so that even a newly-landed Martian who looked at this deal for the first time would be forgiven for thinking Goldman’s executives simply walked up Broad Street to the corner of Wall and stitched together a deal to their liking. Consider the catalogue of conflicts. Fir...