The situation at Goldman Sachs keeps getting more and more dire. The Wall Street Journal is reporting this evening that federal prosecutors are looking at criminal charges for Goldman after this week’s Senate hearings on the company’s activities during the 2007 housing crisis.

Let’s just say Goldman Sachs CEO Lloyd Blankfein has seen better days. While it wasn’t as amusing as Sen. Carl Levin’s profane questioning earlier today, Sen. John McCain’s interrogation of the Wall Street leader was just as uncomfortable, at least for Blankfein.

The Senate investigation into Goldman Sachs’ economic successes during the 2007 subprime mortgage crises has now resulted in the release of emails late in that year that prove Sachs was deliberately betting against the housing market to make money while the rest of the market fell.

Here’s a story you’ve probably read in the New York Times: Chief executives at a major company, let’s say a bank, accumulate personal fortunes through bonuses and other compensation channels while their company wilts and withers under financial strain. But on Friday that story hit a little too close to home at the Times. Sulzberger!

You won’t find Michelle Leder anywhere on Mediaite’s Power Grid, so Anna Wintour needn’t watch her back. Even obsessed media watchers likely have never heard of Leder’s site, footnoted.org. But if you are interested in the games corporate America plays, it’s one of the best shows in town.