Two and a half Billion pieces of paper

[Robbien]

Financial crisis panel hits Goldman Sachs for dumping 2.5 billion pages

The special panel investigating the financial crisis on Monday lashed out at Goldman Sachs for pulling up a dump truck and overwhelming the commission with 2.5 billion pages of documents.

We did not ask them to pull up a dump truck to our offices to dump a bunch of rubbish, said Phil Angelides, chairman of the Financial Crisis Inquiry Commission (FCIC), the congressionally-mandated panel looking into the 2008 meltdown.

The commission issued a subpoena to Goldman on Friday for information, documents and interviews. Our view is this has been a very deliberate effort over time to run out the clock, Angelides said.

The commission is due to issue a report in December on the causes and consequences of the financial crisis.

Angelides and Bill Thomas, vice chairman of the commission, said six other banks complied easily with the documents request.

We should not be forced to play, 'Where's Waldo?' on behalf of the American people, Angelides said.

Angelides said Goldman quickly responded on Friday to the subpoena to set up additional interviews.

We have been and continue to be committed to providing the FCIC with the information they have requested, Goldman Sachs said in a statement on Monday.

http://mobile.thehill.com//blogs/on-the-money/banking-financial-institutions/101751-crisis-panel-hits-goldman-sachs-for-dumping-25-billion-pages-of-information

Two and a half thousand pieces would have been expected
Two and a half million pieces would have been really excessive
Two and a half Billion?

[BrklynLiberal]

1. Guess GS figured they could hide the needle in the haystack..

[Angry Dragon]

2. Make the CEO read all of the pages in front of the FCIC

and then see how he likes it..........

[Poll_Blind]

3. Is there a picture of that? If there is, can someone post it for us to see?

Cause that's fucking outrageous.

PB

[damntexdem]

4. Make them be responsive to the subpoena.

But hang onto the 2.5 billion pages as well -- who knows what might be in there?

[ProgressiveProfessor]

6. The claim will be they were responsive and the others were not

[HCE SuiGeneris]

5. Arrogant bastards. It truly does show their contempt.

And we just take it like good little schmoes.