I haven't spent much time acctually following the SECOND complaint against Goldman or what they are alleging that was done. Recommending trades to your customers and then taking the other side because you are convinced of the outcome. Let's say I'm a retail broker, and I call 100 clients and convince them to get LONG pork bellies, and after they do so, and I make my transaction fees, I go SHORT in my own personal account. If I'm correct about the market, the clients win, and I get to make more and more transaction fees, but lose in my personal account. If I'm wrong, my clients lose and I make money in my personal account. How is what Goldman is alleged to do any different than this? Welcome to Wall Street?