Securities and Exchange Commission

SEC IG To Probe Potential Coordination With White House On Goldman Suit

Zachary Roth | April 23, 2010, 5:28PM

Rep. Darrell Issa (R-CA)

We told you earlier about the tireless -- and often fruitless -- efforts of Rep. Darrell Issa (R-CA) to find a scandal to stick to the Obama administration. Well, today he had some luck.

It's not the Pentagon Papers, but SEC inspector general David Kotz just announced on Fox News that he will launch an internal investigation into whether there was improper coordination with the White House over the recent decision to file a lawsuit against Goldman Sachs. "We need to understand what led to the decision to announce or bring the case on that day," Kotz told Neil Cavuto. "See if there was any undue influence involved and so we'll look very carefully to investigate that and see what we determine."

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