The Obama administration denies it.
Goldman Sachs was the largest corporate contributor to President Obama's campaign for the Presidency in 2008. Here are a couple ways to look at what is happening:
- Despite the recommendation of the SEC investigator, the SEC decides not to prosecute, and therefore the Obama administration looks like it is siding with a large contributor.
- The Obama administration is not bought, and is willing to bring charges against its largest contributors (for justice, or for political advantage, I can not say.)