Wall Street Shocker: Goldman Sachs Destroyed Bear Stearns!

[kinggyppo]

Quote from subban:

I am sure goldman's desks were shorting bsc when they leaked their emails on purpose, but bear deserves what it got. Its past karma for not helping out in bailing out Long term capital in 1998.

we have a winner!!

 

[brocklanders]

Quote from subban:

I am sure goldman's desks were shorting bsc when they leaked their emails on purpose, but bear deserves what it got. Its past karma for not helping out in bailing out Long term capital in 1998.

Yeah, no one ever forgot that and when Bear needed a life preserver looks like they got thrown an anchor instead. I seem to remember Goldman traders also shooting at LTCM's positions at the same time they were examining their books as part of a "rescue effort". Wall St is the worst place in the world to ask for a "helping hand". If anyone here has never read When Genius Failed by Roger Lowenstein run out and get it today. This will make a lot more sense.

 

[blackhorseshoe]

jews like goldman are good at makin money; but are they adept at fightin esp in hand-to hand combats.

 

[Covertibility]

Quote from NQscalper:

Want to explain what exactly the big picture is? GS saw too much risk in backing BSC and stepped away. I dont know how much more creatively it needs to be said. Now if the god damn fed would step away from all the rest of the weak and overleveraged firms and let them fail, the world would be a much brighter place.

What exactly was the point of bring goldman into this? Was there a quota he had to meet so he came up with the idea that goldman destroyed bear? This reminds me of the Blackstone looking into the jaws of hell article which market the bottom in that stock. It appears to be more creative writers out there adding new tales to situations which aren't that relevent.

 

[tgrady]

Quote from blackhorseshoe:

jews like goldman are good at makin money; but are they adept at fightin esp in hand-to hand combats.

It's amazing that some people still think they can say things like this, and somehow think that it makes any sense whatsoever.

Do you realize how completely, and utterly stupid this makes you look?

 

[DeeDeeTwo]

Quote from tgrady:

It's amazing that some people still think they can say things like this, and somehow think that it makes any sense whatsoever.

Do you realize how completely, and utterly stupid this makes you look?

Just par for the ET course. We are slumming, after all.

 

[flytiger]

Grassley on Bear Stearns. He's a fighter.......

http://www.cnbc.com/id/15840232?video=700389599&play=1

 

[man]

Quote from tgrady:

It's amazing that some people still think they can say things like this, and somehow think that it makes any sense whatsoever.

Do you realize how completely, and utterly stupid this makes you look?

thnx. so i did not have to waste brain cells and write that.
well done.

 

[options2001]

Quote from flytiger:

Grassley on Bear Stearns. He's a fighter.......

http://www.cnbc.com/id/15840232?video=700389599&play=1

I wonder if he is serious about the investigation

 

[stock777]

Quote from blackhorseshoe:

idiots like me are good at makin money; but are they adept at wiping thier own tushes?

It that your front or back end, horse?