Grilled Squid

Today, the SEC grew a pair and charged the vampire squid (Goldman Sachs) with securities fraud. Here's a good breakdown of what the bank is charged with (http://tinyurl.com/y82p9q8) but I found this analogy to be much more useful: "Imagine you and your friend sell apples. Your friend purposely puts poison in some of the apples, while you continue to sell those apples and tell your customers that these particular apples are the most delicious that you've ever had for sale. Then that same wicked friend of yours buys life insurance contracts on those customers who ate the apples. Your customers die as expected, and your friend makes billions of dollars in profits off of those insurance contracts. Then everyone in the apple industry marvels at how smart you are. And you spend the next two years pretending that you're the Master of the Universe." The only question now is: how much of a fine will Goldman have to pay with taxpayer bailout money?