It's not just Ohio CPAs, mind you. NosireeBOB. It's primarily Chambers of Commerce from around the country but also the Asian American Hotel Owners Association, the National Beer Wholesalers Association, the Snack Food Association, Turfgrass Producers International, and a host of others asking "Congress and the president to immediately enact legislation that averts America’s impending fiscal cliff." Christ guys, if it wasn't an election year with the worst Congress ever, it might be worth the effort. Congress is awful. Your letter is hollow. Let's just ride off this thing like Thelma and Louise.
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DealBook reports the musings of Sanford Bernstein analyst Brad Hintz:
If an alleged violation is identified during a Goldman investigation, we expect a reasoned response from the Justice Department. In a worst case environment, we would expect a “too big to fail” bank such as Goldman to be offered a Deferred Prosecution Agreement, pay a significant fine and submit to a Federal monitor in lieu of a criminal charge. Consequently, we do not believe that Goldman investors face an “Arthur Andersen” risk.
No ‘Arthur Andersen’ Risk to Goldman, Analyst Says [DealBook]
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