GOLDMAN SACHS up 65% in 3 days!!

[JCVR]

Quote from arealpissedgoy:

GS is up 60% because everything being done by Paulson is done for the benefit of GS.




Ban on short sales:

When GS dropped nearly 10% in one day

Bailout Package:

When GS tested $100

Outright Purchase of Bank stock:

When GS broke below $100


The moral of the paulson dramas?

better not mess with his 300 million stocks and options in GS.

Why was LEH allowed to go bankrupt while BSC was allowed to be bought up?

Paulson has personal animosity against Fuld.

I'm pretty sure Paulson was forced to sell his GS shares when he took his current post. Lehman and BSC were both badly managed and were hemorraging money, they deserved to fail. Bear got bought for a fraction of it's worth and most of it's employees got fired. Lehman went bankrupt but Barclays is buying pieces of it and keeping people on, so in the end I think they both got pretty similar deals other than the stock going to zero.

I don't know if Paulson is corrupt or not, but I don't think he has any financial interest in GS doing well.

 

[AK100]

Quote from Jahajee:

THE STAR is GOLDMAN SACHS - GS has rallied from 74 to 122.90 in less than 3 trading sessions. WOW! Thats; over 60% !!!!

And some still argue that Wall Street is NOT a casino

I thought the Casino mentaility was what got us into this mess in the first place......

 

[AK100]

Quote from JCVR:



I don't know if Paulson is corrupt or not, but I don't think he has any financial interest in GS doing well.

Probabilities suggest that he is, he's an American money man and also a Politician

 

[Jahajee]

Quote from dero:

JPM earnings come out tomorrow at 7:00am, so I assume many wanted to jump ship; if you're holding UYG, XLF, or other financials you may want to preemptively lube up for tomorrow, it may hurt.

Anotehr bitter beart whose balls were squeezed ... ranting on the sidelines.

Trade, don't be a wimp whining after a few losses...
And, all these stocks will be UP in a few days. Buy on pullbacks.

 

[bxptone]

Quote from JCVR:

People were retarded last week, they actually thought Goldman and MS were going to go under. MS is up ~300% from where it was last week. No more large US banks go under from here. Bear and Lehman made bad bets and were losing money hand over fist. GS and Morgan were making money, there is a difference, the government won't and wouldn't let a solvent financial institution get shorted into the ground.

You can find the link if you want, I'm not gonna bother to look for it, but GS had just as many level 3 assets as BSC and LEH pretty much. How they managed to not go under is anyone's guess. Although I'm sure it has to do with their accounting and somehow skewing the mark to market accounting policies.

Probably why there were allowed to become a bank and take more people's money, I mean "deposits". Lol love that word, deposit your money with them, they should just say give it to them. Because who knows what they do with it once they have it.

 

[bxptone]

Quote from JCVR:


I don't know if Paulson is corrupt or not, but I don't think he has any financial interest in GS doing well.

Yeah, like Dick Cheney right, whose supposed to have a blindtrust
but somehow I read an article a few years back where it was mentioned that he had big Eurobond holdings. How is it a blindtrust yet everyone knows what he was holding? I dont get it, thought these guys weren't supposed to know.

Probably made a killing the way the dollar has tanked.

EVERYTHING IT SEEMS HAS BEEN FOR FINANCIAL GAIN WITH BUSH AND HIS BUDDIES. WHERE HAVE YOU BEEN!?