Goldman Sachs on the Chopping Block

The Case Against Goldman Sachs: Goldman Sachs has come under some serious fire with the rising allegations against the global investment banking firm, magnified under the scope of an economy grappling with recovery. Time article "The Case Against Goldman Sachs" outlines the key points in Sachs' downfall, specifically a deal called Abacus 2007-ac1, which augmented the income of people like hedge funder John Paulson with the financial misfortune of Americans.