Goldman Sachs & Co. is among the 50+ percent of U.S. companies that have forced employees into contracts that require them to use closed-door arbitration — not the public courts — in the event of a dispute. So-called “mandatory arbitration” is one of the greatest scams ever by Corporate America and helps keep racists, sexual harassers and other miscreant bosses out of the headlines and entrenched in their jobs.

So it shouldn’t have come as a huge surprise when, earlier this week, Goldman said it had hired a law firm to review the impact of mandatory arbitration on its employees and that arbitration was working just fine! Which indeed it is, for Goldman. What was a surprise was news that the law firm that did the review was the same one that sexual predatorJeffrey Epstein used. I wrote about it today in The American Prospect.