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Heard on the Street: Goldman wins big with deal

For Goldman Sachs, the settlement with the SEC clears the way for a possibly dramatic rerating of its stock. But a swift ascent isn't certain.

Talk about timing. No sooner had the Senate passed financial-overhaul legislation and BP capped the flow of oil in the Gulf, at least temporarily, than the SEC late Thursday announced a settlement with Goldman Sachs.

Combined, these events may help boost investor sentiment, even if they don't alter weakening economic fundamentals. For Goldman, a deal clears the way for a possible dramatic clears the way for a possibly dramaticrerating of its stock.

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