Michael Lewis: Goldman Sachs SEC Fraud Case Means 'Bond Market Will Never Be The Same'

06/22/2010 05:12 am ET | Updated May 25, 2011
  • Michael Lewis bloomberg.com

If you happen to be sitting on the Goldman Sachs bond-trading floor life must feel horribly unfair.

You did nothing worse than live by the ethical assumptions of your market -- any money-making event short of obviously illegal is admirable -- and now your own grandfather thinks you're some kind of monster. Your world feels upside down: What was right is now wrong; what was good is now bad; what once felt like winning now feels like losing.

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