GS now in the 60's, hoping to avoid the "LEH death spiral"

Everyone is working late, downloading files, saving something to their brand new mp3 players...

Even if I survive this round, what about him? What does he know? Had he ever peeked into our company secret book? If he got fired what would he tell about our company?

Our company still has leverage 15:1, does that mean if the stock market drops 8%, we get wiped out? That math geek's desk is so clean these days, he goes out for lunch a lot, our future is in his hands. If he got fired, he can go to community college to teach math, what about me? Get loans from government to sit in his class? No way! I am going to sell my stocks before that geek...
 
Quote from Trendytrader:

Guys remember they are NOT an investment bank but a normal garden variety bank now :) . The FED can lend them all the $$$$$ they like. Issue is who will keep lending the FED $$$$$.
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I thought when I bought LEH at 4.60 I was clever considering LEH supposedly had direct access to the discount window at that point, possibly averting any funding crisis...

See how well that rationalization worked?
 
Quote from scriabinop23:

I thought when I bought LEH at 4.60 I was clever considering LEH supposedly had direct access to the discount window at that point, possibly averting any funding crisis...

See how well that rationalizing worked?
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It should work before Jan 20.
 
Quote from ByLoSellHi:

Does anyone honestly think GS won't visit the 40s or maybe 30s soon?

Honestly?

If not, why not?
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Then get a position on you piker!!!
 
Guess Jimmy Rogers call was right.

He said he's still holding his Ibank shorts.

Maybe this is part BO's big "crisis" that Powell was talking about.


Quote from codedeep007:

Food Stamps
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Yes how convenient, Rogers is holding a another winning position. The next thing hes gonna try and tell us is he's long food stamps and making a fortune.
 
GS is unlikely to drop -50% from here. The Sage has 5 big ones in Goldie at above 100. Should something go wrong, he is holding aces: He has Obama in the White House now.
 
I couldn't agree more. GS has bottomed and it will go higher. Buying more tomorrow.

Quote from dividend:

GS is unlikely to drop -50% from here. The Sage has 5 big ones in Goldie at above 100. Should something go wrong, he is holding aces: He has Obama in the White House now.
More...
 
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