The Inanity of Trump’s Campaign to Overturn the Election
In October 2006, just as bankers all over Wall Street were realizing that maybe, just maybe, they should be a little more circumspect about their adventures in subprime-mortgage bundling, some financiers at Goldman Sachs dreamed up a code for use in email: LDL. “Let’s discuss live.” In one notorious example, someone on the mortgage-securities desk mentioned Goldman’s urgent need to sell off “junk nobody was dumb enough to take the first time around.” His superior shot back, “LDL.”
The latest rogues freestyling with geopolitics missed that lesson of the financial crisis: Don’t put it in email. Last week, the House Oversight Committee related to its investigation of Donald Trump’s efforts to reverse his defeat in the 2020 presidential election.
