Goldman's Worst Nightmare

The Financial Crisis Inquiry Commission (FCIC) is still miffed that Goldman Sachs allegedly dumped millions of documents at its door, in response to what the Commission claims were specific requests for information.

The Commission, of course, needs to complete its investigation and report its findings by mid-December, and Commissioners feel that Goldman is just trying to run down the clock by swamping them with material.

But, as CNBC reports, there may be a solution to the Goldman 'document dump' problem, and that's to publish the material online and let bloggers, conspiracy theorists and crazies pour all over it to 'uncover the juiciest facts'.

When asked about the idea by CNBC's Maria Bartiromo, FCIC Chairman Phil Angelides said: 'It's a very interesting idea, and I'll leave it there. It certainly merits consideration'.

Finally, Goldman's stock price hit a new 52-week low Thursday, after investors got spooked about the possibility of more legal woes (shares eventually closed the day at $133.77). The firm's stock is now some 28% down since US regulator The Securities and Exchange Commission launched civil fraud charges against it a few weeks back.

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