In a press briefing, Assistant Attorney General Steven Bradbury said the Justice Department believes the monitoring can be done legally outsidethe normal scope of the FISA law.
On Tuesday the government announced it is to change thelaw so requests to exchange driving licences from outsidethe EU will only be accepted if the licence holder can prove they passed a driving test in a country where the testing standards are comparable with those in Britain.
This is because business development companies lie outsidethe purview of the Volcker Rule, and so Goldman will be well within thelaw to trade credit products through this vehicle, which will be funded nearly 25% by the bank itself.
That is especially true since one outcome of this scandal will be to give these partisan groups even more freedom to operate outside of at least the spirit of thelaw.