In its advisory role for El Paso (EP) in its $21B sale to Kinder Morgan, Goldman Sachs (GS) was...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

In its advisory role for El Paso (EP) in its $21B sale to Kinder Morgan, Goldman Sachs (GS) was on every conceivable side of the deal, and EP may have unwittingly sold itself to Kinder Morgan at far too cheap a price, Andrew Ross Sorkin writes. "Goldman’s brazenness in this deal is nothing short of breathtaking… Other firms have conflicts, but rarely do you hear about them being so incestuous."