Oh, Wall Street. Will you ever learn? Embarrassing emails have been the fuel of the post-financial crisis fury. Goldman exec Thomas Montag described one of the bank’s mortgage transactions as “one S—- deal,” an indiscretion that raised questions about Goldman working against its own clients. (Perhaps missing the point, Goldman since has implemented a ban on profanity in company emails.) But you can’t stamp out indiscretion. Now we have the “goat poo” email. J.P. Morgan Chase, in a lawsuit against Lehman, cited emails it says suggest Lehman knowingly misled J.P. Morgan into keeping “goat poo” securities, reported Deal Journal colleague Joseph Checkler.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio
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Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio