Rolliing Stone reporter causes Goldman Sachs downgrade
derryb
Posts: 36,793 ✭✭✭✭✭
About time Matt Taibbi was taken seriously. It's rare to find a good, investigative reporter that's not "embedded" somewhere with the government or those that try to control it ( Soros has links to over 30 news organizations).
Goldman downgraded to a SELL!
Goldman downgraded to a SELL!
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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There are 10 types of people in the world, those who understand binary and those who do not.
roadrunner
<< <i>If Taibbi's articles don't make you think twice about GS, then read Reggie Middleton's balance sheet analysis of them. Not sure which one is more condemning.
roadrunner >>
I had to quit reading Reggie, too much self back patting. Appears Reggie likes Reggie enough for all of us.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
He appears to do classical financial balance sheet analysis, just the way I would do it if I weren't too lazy to do it and if I were motivated to invest in paper. His self-congratulatory remarks stem from a certain amount of confidence in his method that seems to work for him and his clientele. And I share his apparent disdain for most of the financial services industry that he seems to poke at from time to time (almost every day).
I knew it would happen.