Home › Forums › Financial Markets/Economics › Has Goldman fatally damaged their Franchise?
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April 20, 2010 at 7:40 AM #541798April 20, 2010 at 8:58 AM #540883UCGalParticipant
[quote=SD Realtor]Yeah looks like Goldman is shaking in their boots.[/quote]
I don’t know if they’re shaking in their boots – but they announced great earnings numbers today – and the stock is still down. On the analysts call they had their lead council discuss the case. If they weren’t concerned, why would they have a lawyer talk on their earnings call?
I almost bought some GS a week or so ago – with the attitude that if I couldn’t beat them, I’d try to piggyback some profits out of their gaming of the system… But decided it fell into the camp with a few other profitable stocks (RAI, WMT) that I just wouldn’t feel right about owning because of my very misguided sense of morals. In this case, it worked out. I was looking at it at $170ish – it bumped up to 190 while I was debating it, internally.
Before I get slammed – I fully recognize that I’ll never get rich in the market if I let morality get in the way of my investment choices. I’m ok with that.
April 20, 2010 at 8:58 AM #541000UCGalParticipant[quote=SD Realtor]Yeah looks like Goldman is shaking in their boots.[/quote]
I don’t know if they’re shaking in their boots – but they announced great earnings numbers today – and the stock is still down. On the analysts call they had their lead council discuss the case. If they weren’t concerned, why would they have a lawyer talk on their earnings call?
I almost bought some GS a week or so ago – with the attitude that if I couldn’t beat them, I’d try to piggyback some profits out of their gaming of the system… But decided it fell into the camp with a few other profitable stocks (RAI, WMT) that I just wouldn’t feel right about owning because of my very misguided sense of morals. In this case, it worked out. I was looking at it at $170ish – it bumped up to 190 while I was debating it, internally.
Before I get slammed – I fully recognize that I’ll never get rich in the market if I let morality get in the way of my investment choices. I’m ok with that.
April 20, 2010 at 8:58 AM #541452UCGalParticipant[quote=SD Realtor]Yeah looks like Goldman is shaking in their boots.[/quote]
I don’t know if they’re shaking in their boots – but they announced great earnings numbers today – and the stock is still down. On the analysts call they had their lead council discuss the case. If they weren’t concerned, why would they have a lawyer talk on their earnings call?
I almost bought some GS a week or so ago – with the attitude that if I couldn’t beat them, I’d try to piggyback some profits out of their gaming of the system… But decided it fell into the camp with a few other profitable stocks (RAI, WMT) that I just wouldn’t feel right about owning because of my very misguided sense of morals. In this case, it worked out. I was looking at it at $170ish – it bumped up to 190 while I was debating it, internally.
Before I get slammed – I fully recognize that I’ll never get rich in the market if I let morality get in the way of my investment choices. I’m ok with that.
April 20, 2010 at 8:58 AM #541540UCGalParticipant[quote=SD Realtor]Yeah looks like Goldman is shaking in their boots.[/quote]
I don’t know if they’re shaking in their boots – but they announced great earnings numbers today – and the stock is still down. On the analysts call they had their lead council discuss the case. If they weren’t concerned, why would they have a lawyer talk on their earnings call?
I almost bought some GS a week or so ago – with the attitude that if I couldn’t beat them, I’d try to piggyback some profits out of their gaming of the system… But decided it fell into the camp with a few other profitable stocks (RAI, WMT) that I just wouldn’t feel right about owning because of my very misguided sense of morals. In this case, it worked out. I was looking at it at $170ish – it bumped up to 190 while I was debating it, internally.
Before I get slammed – I fully recognize that I’ll never get rich in the market if I let morality get in the way of my investment choices. I’m ok with that.
April 20, 2010 at 8:58 AM #541802UCGalParticipant[quote=SD Realtor]Yeah looks like Goldman is shaking in their boots.[/quote]
I don’t know if they’re shaking in their boots – but they announced great earnings numbers today – and the stock is still down. On the analysts call they had their lead council discuss the case. If they weren’t concerned, why would they have a lawyer talk on their earnings call?
I almost bought some GS a week or so ago – with the attitude that if I couldn’t beat them, I’d try to piggyback some profits out of their gaming of the system… But decided it fell into the camp with a few other profitable stocks (RAI, WMT) that I just wouldn’t feel right about owning because of my very misguided sense of morals. In this case, it worked out. I was looking at it at $170ish – it bumped up to 190 while I was debating it, internally.
Before I get slammed – I fully recognize that I’ll never get rich in the market if I let morality get in the way of my investment choices. I’m ok with that.
April 20, 2010 at 9:13 AM #540893briansd1Guest[quote=Arraya]Resisting bank/financial reform, even a watered-down version, will eviscerate what little credibility the Repubs have left after lording over the destruction of the U.S. economy and their despicable rewarding of Wall Street for eight dreadful years (2001-2008).
In other words, both parties desperately need some political theatre to mask their enslavement to Wall Street and the big banks. This SEC action fits the bill very nicely, along with calling a few incredibly wealthy former CEOs up to Congress for a public flaying.[/quote]
Arraya, democracy is all about political theater and compromises. It’s about change over time.
Do you want a party who will at least give Wall Street a scolding, a lecture and a slap; or you do want to a party that does nothing at all?
April 20, 2010 at 9:13 AM #541010briansd1Guest[quote=Arraya]Resisting bank/financial reform, even a watered-down version, will eviscerate what little credibility the Repubs have left after lording over the destruction of the U.S. economy and their despicable rewarding of Wall Street for eight dreadful years (2001-2008).
In other words, both parties desperately need some political theatre to mask their enslavement to Wall Street and the big banks. This SEC action fits the bill very nicely, along with calling a few incredibly wealthy former CEOs up to Congress for a public flaying.[/quote]
Arraya, democracy is all about political theater and compromises. It’s about change over time.
Do you want a party who will at least give Wall Street a scolding, a lecture and a slap; or you do want to a party that does nothing at all?
April 20, 2010 at 9:13 AM #541461briansd1Guest[quote=Arraya]Resisting bank/financial reform, even a watered-down version, will eviscerate what little credibility the Repubs have left after lording over the destruction of the U.S. economy and their despicable rewarding of Wall Street for eight dreadful years (2001-2008).
In other words, both parties desperately need some political theatre to mask their enslavement to Wall Street and the big banks. This SEC action fits the bill very nicely, along with calling a few incredibly wealthy former CEOs up to Congress for a public flaying.[/quote]
Arraya, democracy is all about political theater and compromises. It’s about change over time.
Do you want a party who will at least give Wall Street a scolding, a lecture and a slap; or you do want to a party that does nothing at all?
April 20, 2010 at 9:13 AM #541549briansd1Guest[quote=Arraya]Resisting bank/financial reform, even a watered-down version, will eviscerate what little credibility the Repubs have left after lording over the destruction of the U.S. economy and their despicable rewarding of Wall Street for eight dreadful years (2001-2008).
In other words, both parties desperately need some political theatre to mask their enslavement to Wall Street and the big banks. This SEC action fits the bill very nicely, along with calling a few incredibly wealthy former CEOs up to Congress for a public flaying.[/quote]
Arraya, democracy is all about political theater and compromises. It’s about change over time.
Do you want a party who will at least give Wall Street a scolding, a lecture and a slap; or you do want to a party that does nothing at all?
April 20, 2010 at 9:13 AM #541812briansd1Guest[quote=Arraya]Resisting bank/financial reform, even a watered-down version, will eviscerate what little credibility the Repubs have left after lording over the destruction of the U.S. economy and their despicable rewarding of Wall Street for eight dreadful years (2001-2008).
In other words, both parties desperately need some political theatre to mask their enslavement to Wall Street and the big banks. This SEC action fits the bill very nicely, along with calling a few incredibly wealthy former CEOs up to Congress for a public flaying.[/quote]
Arraya, democracy is all about political theater and compromises. It’s about change over time.
Do you want a party who will at least give Wall Street a scolding, a lecture and a slap; or you do want to a party that does nothing at all?
April 20, 2010 at 10:00 AM #540929sd_mattParticipantI’ll take nothing over lip service since even that is a bit more honest.
April 20, 2010 at 10:00 AM #541044sd_mattParticipantI’ll take nothing over lip service since even that is a bit more honest.
April 20, 2010 at 10:00 AM #541494sd_mattParticipantI’ll take nothing over lip service since even that is a bit more honest.
April 20, 2010 at 10:00 AM #541583sd_mattParticipantI’ll take nothing over lip service since even that is a bit more honest.
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