Goldman Sachs and CFTC has a crooked history

http://www.offshorealertconference.com/2010/articles/Goldman-Sachs-Fraud-alleged-by-SEC-is-not-an-isolated-incident.asp

"As I've stated several times before, I found out exactly how little Goldman Sachs cared for their clients when OffshoreAlert exposed a Goldman Sachs-sponsored criminal enterprise called Stirling Cooke Brown Holdings, which went on to commit a $1 billion insurance/reinsurance fraud and a $50 million securities fraud."

"The architect of this scandal was Reuben Jeffery III, a Goldman Sachs managing director who later went on to become Chairman of the Commodity Futures Trading Commission."

"It is remarkable that someone who was either knowingly involved in a massive fraud or, alternatively, could not spot it when it was right in front of his face could be deemed suitable to be a top regulator," says Marchant. "What confidence can investors have in the financial system when someone who has played a leading role in a major scandal is appointed to such a lofty position, apparently because of his political connections rather than his ability to regulate? No wonder the financial industry is in such a mess."

BTW, the current Chairman of the CFTC, the watchdog for the commodities exchanges, is one Gary Gensler, a former Goldman Sachs executive. He talks a good game about leveling the playing field, but I'm thinking he is another Goldman Sachs plant. That's just my jaded opinion.