# Prof. Roy Smith on Wall Street firms working with SAC Capital Advisors in spite of its legal issues

1 Faculty News November 4, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2013-11-04/goldman-sachs-to-bofa-said-to-trade-with-sac-after-guilty-plea.html) -- “'The presumption is that if JPMorgan should resign the business, then someone else would do it,' said [Roy Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith), a finance professor at New York University’s Stern School of Business and a former Goldman Sachs partner. 'These people all say we serve our clients, so if our clients get into trouble, we serve them as long as we can.'”

[Read more](http://www.bloomberg.com/news/2013-11-04/goldman-sachs-to-bofa-said-to-trade-with-sac-after-guilty-plea.html)