Controlled collapse or what?
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@Anonymous47038, good point. Goldman has ruined millions of lives over the years. Some of their "best and brightest" were involved in financing that nearly put the US in a depression. In the long run, they helped master a strategy that would increasingly drain the wealth of the working classes. EDMC was a small part of the insanity.....http://www.nytimes.com/2008/10/19/business/19gold.html?pagewanted=all
If Goldman was so smart, why did they invest in EDMC anyway? Hmmm?
The "controlled collapse" would not have happened without Goldman Sachs. They were largely involved in creating the bubble and they likely worked on the deal to give almost all the assets to KKR.