Goldman Sachs, too smart for their own good

This is a particularly sensitive time for Wall Street, since Washington policy makers are hotly debating a sweeping overhaul of the nation’s financial regulation. The Goldman Sachs lawsuit is well-timed, for Washington, and could be the best ammunition for wide changes in the financial industry and regulations. While financial regulation is good, too much is healthy for the economy and we fear that this is what Washington will use to try to over-regulate the financial industry. If we do see over-regulation, this will certainly slow down the economic recovery and will have a negative impact on the stock market.