subpoenas

Yves Smith has an important piece about Goldman and AIG. She points to another good piece by Spitzer, Partnoy, and Black -- all fluent in finance -- in the NYT calling for AIG and Goldman to unload their communications of the past few years. How is it Goldman had so much "coverage" exclusively with AIG? AIG after all is now a public company. And well even if they weren't, we need to get the info if we're going to be able to understand what happened, and how are we suppose to start fixing things, if we don't know what happened?

A few people with a little guts can do a lot right now, like subpoena a whole bunch of people involved in the financial industry over the last few years, and the last couple decades. Have them put their right hand in the air and their left on something they hold sacred, like their fortunes, and start explaining how things went down. Now a lot of the problems with the financial system were perfectly legal, and we need to change that, but there was a ton of fraud, and we have to understand that too.