Whether it is the deepening debt problem in Europe or a lack of "Holy Cow" moment, whatever the reasons may be, it seems that, plenty of bankers and traders kept their eyes and ears wide open to the hearing of the Goldman Sachs in the Senate on Tuesday.

Many on Wall Street could not discuss about the record due to company policy, but said that they were judiciously following the developments.

A few said that they were personally keeping a check on the proceedings either because of their relations with Goldman or the suggestions for the sector.

Curiosity in the hearing was said to be far more passionate on credit trading desks of the business at the core of the Securities and Exchange Commission suit, in opposition to Goldman and at the center of Congressional scrutiny of Wall Street.

Several bankers stated that just because Mr. Tourre, the only Goldman worker named in the civil scam suit filed this month by centralized regulators, started his testimony to the Senate board, news came up stating that Standard & Poor's had declined the rating of Greek debt to a status of garbage and had further lowered Portugal's creditworthiness.