Goldman Sachs is back above $100!!!
The Rate Cut Worked
- Thread starter forestfire
- Start date
Yep, the house always wins. The Fed doesn't care about the people. Someone should run Bernanke Panke out on the first train out of town.
He said it before it went below 100. He should have waited until the market closed.
With GS back down at $90 I would say you're right -they simply must cut rates again.
At least the bailout saved their bonus pool. That's a huge weight off my mind...
http://www.dailymail.co.uk/news/wor...LLION-salary-bonus-package--6bn-bail-out.html
At least the bailout saved their bonus pool. That's a huge weight off my mind...
http://www.dailymail.co.uk/news/wor...LLION-salary-bonus-package--6bn-bail-out.html
Fed could cut again. There is no need to stop because we're in a deflationary economic situation. All the commodities keep falling.
Also, we're still in the new era of money printing, deficit spending, and consumerism which began with Reagan's huge tax cuts in 1982.
Also, we're still in the new era of money printing, deficit spending, and consumerism which began with Reagan's huge tax cuts in 1982.
