The Goldman allegations... Bullish or Bullshit?

UPDATE: I was wrong about the call options, but the lawsuit is still bullshit! They may settle but they won't lose.

Here is a list of reasons why I think the allegations are BULLSHIT! The corresponding trade IMO is to buy the 170 JUNE call option for $5.55 10:30am/4.20.10

1. All of these deals were zero sum games. There was a buyer for every seller.  ABACUS was no different.
2. What duty did Goldman have to disclose "the seller" or the ultimate originator of the synthetic CDO.?...
3. Even if they did have a duty disclose who selected the securities in the portfolio or at least not to lie and say it was ACA when it wasn't... for the SEC to win they have to prove not only that GOLDMAN LIED but that these lies are what caused the damages. As far as I know (and I am no lawyer),  the buyers lost money because they didn't make the right bet, not because of WHOM selected the securities.