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Professor Roy Smith on Goldman Sachs's hiring of former FBI agent Patrick Carroll

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Excerpt from Bloomberg -- "'It’s really about how Goldman is reacting to the tidal wave of litigation that now seems to be part of the ongoing government toolkit for regulating banks,' said Roy Smith, a professor of finance at New York University’s Stern School of Business and a former Goldman Sachs partner. 'It can help to have some people who know how government prosecutors and investigators think, some guy who has the mindset of an alligator.'"

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Additional coverage appeared on Fortune.