go short GS monday morning - no way they are "smartest guys in the room"

is there goldman news tomorrow?

im quite bullish at the moment and just want to make sure there isnt some random news that could kill me in the middle of the day
 
Quote from ssblack:

Oh come on now, someone else had to be on the other side of those other IB's losses...

Indeed. How can any outsider tell what's in their portfolio?

So what if GS has the most junk (=level 3), if they have overhedged it? They could have sold more than enough ABX derivatives to hedge all their crappy mortgage CDOs.
 
Back
Top