How Goldman secretly bet on the U.S. housing crash

It would be great if Goldman was making money in some way that didn't seem like they were abusing the system.

Actual Story: http://www.mcclatchydc.com/227/story/77791.html

Its a bit funny that after reading the earlier article about Paulson it seems Goldman changed their tune a bit. (also interesting the Bear Stearns felt that betting both sides was hinky)

And we made Goldman whole on their collateral through AIG, so they didn't have to go after the folks who would have owed them money if AIG had gone down.

"Whether this really constitutes fraud depends on who knew what, and when did they know it."

How is this news?