Who: The Awl editor (and Observer alumnus) Choire Sicha
What was said: The suit is “the sadsack SEC’s unconvincing look at a minor bit of potential malfeasance in a single unit of the company in its transactions with other banks.”
What was left out: It was not so minor. A Wachovia analysis reportedly called this Goldman mortgage deal one of the housing crisis’ very worst.
Rating: BBB
