Spitzer: Timing Of SEC's Goldman Sachs Suit Is 'No Coincidence'

Spitzer: Timing Of SEC's Goldman Sachs Suit Is 'No Coincidence'

Former New York Gov. Eliot Spitzer said on Monday there are "no coincidences" in the Securities and Exchange Commission filing a lawsuit against Goldman Sachs just as Democrats are about to bring up financial regulatory reform in the Senate.

The SEC, which announced the civil suit Friday, is forbidden by law from acting in concert with the White House in choosing which cases it prosecutes and when to do so.

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