Listen Live
Donate
 on air
    Schedule

    KCRW

    Read & Explore

    • News
    • Entertainment
    • Food
    • Culture
    • Events

    Listen

    • Live Radio
    • Music
    • Podcasts
    • Full Schedule

    Information

    • About
    • Careers
    • Help / FAQ
    • Newsletters
    • Contact

    Support

    • Become a Member
    • Become a VIP
    • Ways to Give
    • Shop
    • Member Perks

    Become a Member

    Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

    DonateGive Monthly

    Copyright 2026 KCRW. All rights reserved.

    Report a Bug|Privacy Policy|Terms of Service|
    Cookie Policy
    |FCC Public Files|

    Back to To the Point

    To the Point

    Goldman Sachs, Public Anger and a Possible Crackdown on Wall Street

    After weeks of secret negotiations, the Securities and Exchange Commission aimed at the fattest target on Wall Street and charged Goldman Sachs with securities fraud.  Normally such votes are unanimous, but this time it was three to 2 with two Democrats and an Independent prevailing over two Republicans.

    • rss
    • Share
    By Warren Olney • May 12, 2014 • 1 min read

    After weeks of secret negotiations, the Securities and Exchange Commission aimed at the fattest target on Wall Street and charged Goldman Sachs with securities fraud. Normally such votes are unanimous, but this time it was three to 2 with two Democrats and an Independent prevailing over two Republicans. Democrats see a chance to push finance reform, Republicans warn of more taxpayer bailouts, with each party accusing the other of siding with Wall Street. We look at what Goldman Sachs might or might not have done wrong, and get different opinions on how to stop banks from risking so much they threaten the whole economy.

    The full episode

    2 of 3
    Goldman Sachs, Public Anger and a Possible Crackdown on Wall Street
    1. 0:00Some Flights Resume, But European Travel Chaos Continues
    2. 7:37Goldman Sachs, Public Anger and a Possible Crackdown on Wall StreetYou’re reading this
    3. 43:03Supreme Court Voids Law Banning Depictions of Animal Cruelty
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

    • KCRW placeholder

      Gretchen Morgenson

      New York Times

    • KCRW placeholder

      Shailagh Murray

      Congressional Correspondent, Washington Post

    • KCRW placeholder

      Stephen Moore

      Heritage Foundation

      NewsNationalPolitics

    The full episode

    2 of 3
    Goldman Sachs, Public Anger and a Possible Crackdown on Wall Street
    1. 0:00Some Flights Resume, But European Travel Chaos Continues
    2. 7:37Goldman Sachs, Public Anger and a Possible Crackdown on Wall StreetYou’re reading this
    3. 43:03Supreme Court Voids Law Banning Depictions of Animal Cruelty
    Back to To the Point