Jon Friedman Wonders How Well the Media Is Covering Goldman Sachs
MarketWatch’s Jon Friedman today takes a look at the media’s coverage of the SEC’s and Congress’ probe into Goldman Sachs’ alleged fraud-tainted sale of Self-Destruct-O-Matic Collateralized Debt Obligations to clients.
Friedman attempts at various times to get a grip on how well the media has done in covering the Goldman saga. He consults a media person to find out:
“The biggest challenge is simply explaining the complexities of the financial deals that Goldman was involved in,” said Anthony Mason, the leading business and finance correspondent at CBS.
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