Has Goldman fatally damaged their Franchise?

[UCGal]

[quote=Allan from Fallbrook]
If the Dems exist as the “party of the people” and are there to curb the worst excesses of the Republicans (and I don’t disagree with this, either, by the way) and the Dems control both Congress and the presidency, why aren’t the Dems going full bore after substantive and enforceable regulation?
[/quote]
As a progressive/Dem… I have to say I’m very disappointed in the Dems. I expect bad behavior from the GOP. When Obama appointed Geithner and named Summers as his go to guy I knew it was more of the same under a different political label.

I’ve come to the conclusion that only politicians who are at odds with their parties will introduce decent stuff… Blanche Lincoln most recently on financial reform – but Ron Paul and Dennis Kucinich don’t have problems thumbing their noses at politics as usual. Maybe we need more dis-enfranchised, alienated, elected officials. Ones that are willing to challenge convention because they’re already on the outs with the insiders.

[briansd1]

[quote=Allan from Fallbrook]
How does Sarbanes-Oxley fit into this?
[/quote]

Sarbanes-Oxley was in reaction to Enron, WoldCom, etc..

The public is demanding that “something” be done today as it reacted to Enron before.

I don’t agree with such reaction to current events, but I accept it as part our society. (BTW, I think that Chelsey’s law is not needed, but who’s gonna vote against it?)

[briansd1]

[quote=Allan from Fallbrook]
How does Sarbanes-Oxley fit into this?
[/quote]

Sarbanes-Oxley was in reaction to Enron, WoldCom, etc..

The public is demanding that “something” be done today as it reacted to Enron before.

I don’t agree with such reaction to current events, but I accept it as part our society. (BTW, I think that Chelsey’s law is not needed, but who’s gonna vote against it?)

[briansd1]

[quote=Allan from Fallbrook]
How does Sarbanes-Oxley fit into this?
[/quote]

Sarbanes-Oxley was in reaction to Enron, WoldCom, etc..

The public is demanding that “something” be done today as it reacted to Enron before.

I don’t agree with such reaction to current events, but I accept it as part our society. (BTW, I think that Chelsey’s law is not needed, but who’s gonna vote against it?)

[briansd1]

[quote=Allan from Fallbrook]
How does Sarbanes-Oxley fit into this?
[/quote]

Sarbanes-Oxley was in reaction to Enron, WoldCom, etc..

The public is demanding that “something” be done today as it reacted to Enron before.

I don’t agree with such reaction to current events, but I accept it as part our society. (BTW, I think that Chelsey’s law is not needed, but who’s gonna vote against it?)

[briansd1]

[quote=Allan from Fallbrook]
How does Sarbanes-Oxley fit into this?
[/quote]

Sarbanes-Oxley was in reaction to Enron, WoldCom, etc..

The public is demanding that “something” be done today as it reacted to Enron before.

I don’t agree with such reaction to current events, but I accept it as part our society. (BTW, I think that Chelsey’s law is not needed, but who’s gonna vote against it?)

[Allan from Fallbrook]

UCGal: Thank you for the very honest answer. As a conservative, self-loathing former Republican, I’m extremely disappointed in the GOP as well.

The extremes of both parties now dominate and the center has gone missing. I don’t think we’re going to see anything substantive come out of this administration, and for good reason: They’ve been nearly as co-opted by Wall Street as the GOP.

And, sadly, guys like Paul and Kucinich are considered flaming lunatics by their respective parties, or, at best, fringe players.

I would love to see substantive reform, but, like you, know it will never happen.

[Allan from Fallbrook]

UCGal: Thank you for the very honest answer. As a conservative, self-loathing former Republican, I’m extremely disappointed in the GOP as well.

The extremes of both parties now dominate and the center has gone missing. I don’t think we’re going to see anything substantive come out of this administration, and for good reason: They’ve been nearly as co-opted by Wall Street as the GOP.

And, sadly, guys like Paul and Kucinich are considered flaming lunatics by their respective parties, or, at best, fringe players.

I would love to see substantive reform, but, like you, know it will never happen.

[Allan from Fallbrook]

UCGal: Thank you for the very honest answer. As a conservative, self-loathing former Republican, I’m extremely disappointed in the GOP as well.

The extremes of both parties now dominate and the center has gone missing. I don’t think we’re going to see anything substantive come out of this administration, and for good reason: They’ve been nearly as co-opted by Wall Street as the GOP.

And, sadly, guys like Paul and Kucinich are considered flaming lunatics by their respective parties, or, at best, fringe players.

I would love to see substantive reform, but, like you, know it will never happen.

[Allan from Fallbrook]

UCGal: Thank you for the very honest answer. As a conservative, self-loathing former Republican, I’m extremely disappointed in the GOP as well.

The extremes of both parties now dominate and the center has gone missing. I don’t think we’re going to see anything substantive come out of this administration, and for good reason: They’ve been nearly as co-opted by Wall Street as the GOP.

And, sadly, guys like Paul and Kucinich are considered flaming lunatics by their respective parties, or, at best, fringe players.

I would love to see substantive reform, but, like you, know it will never happen.

[Allan from Fallbrook]

UCGal: Thank you for the very honest answer. As a conservative, self-loathing former Republican, I’m extremely disappointed in the GOP as well.

The extremes of both parties now dominate and the center has gone missing. I don’t think we’re going to see anything substantive come out of this administration, and for good reason: They’ve been nearly as co-opted by Wall Street as the GOP.

And, sadly, guys like Paul and Kucinich are considered flaming lunatics by their respective parties, or, at best, fringe players.

I would love to see substantive reform, but, like you, know it will never happen.

[Coronita]

[quote=UCGal][quote=flu][quote=UCGal][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.[/quote]

Dudette, you’re talking about getting into the markets??? I’m thinking about getting out of the markets….It’s getting too hot to handle for my blood. Serveral things are already at the top ranges, with several at years high.

Anyone want to guess if Yahoo pukes this afternoon?[/quote]

I’m mostly out of the market in both my non-tax deferred and my 401k/IRA stuff… but it pains me to see the lack of returns… I’ve been trying to figure out a way to get *some* return on a small portion of my sidelined money.

And just so you know… as a native San Diegan and alumni of “ridgemont HS” (clairemont HS.)… I always thought “Dude” was gender neutral – could be used for girls and boys… But maybe I’m the only one who feels that way. LOL. (And I’ll never be as cool as “the Dude” Jeff Bridges.[/quote]

You know, a few years ago I bought about 20 See’s Candy gift certificates, each costing $7 for a 1lb box of chocolates, kinda to give out on Xmas to close friends/relatives. In hindsight, considering an average box costs $12-14, I should have just stocked up on more certificates.

[Coronita]

[quote=UCGal][quote=flu][quote=UCGal][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.[/quote]

Dudette, you’re talking about getting into the markets??? I’m thinking about getting out of the markets….It’s getting too hot to handle for my blood. Serveral things are already at the top ranges, with several at years high.

Anyone want to guess if Yahoo pukes this afternoon?[/quote]

I’m mostly out of the market in both my non-tax deferred and my 401k/IRA stuff… but it pains me to see the lack of returns… I’ve been trying to figure out a way to get *some* return on a small portion of my sidelined money.

And just so you know… as a native San Diegan and alumni of “ridgemont HS” (clairemont HS.)… I always thought “Dude” was gender neutral – could be used for girls and boys… But maybe I’m the only one who feels that way. LOL. (And I’ll never be as cool as “the Dude” Jeff Bridges.[/quote]

You know, a few years ago I bought about 20 See’s Candy gift certificates, each costing $7 for a 1lb box of chocolates, kinda to give out on Xmas to close friends/relatives. In hindsight, considering an average box costs $12-14, I should have just stocked up on more certificates.

[Coronita]

[quote=UCGal][quote=flu][quote=UCGal][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.[/quote]

Dudette, you’re talking about getting into the markets??? I’m thinking about getting out of the markets….It’s getting too hot to handle for my blood. Serveral things are already at the top ranges, with several at years high.

Anyone want to guess if Yahoo pukes this afternoon?[/quote]

I’m mostly out of the market in both my non-tax deferred and my 401k/IRA stuff… but it pains me to see the lack of returns… I’ve been trying to figure out a way to get *some* return on a small portion of my sidelined money.

And just so you know… as a native San Diegan and alumni of “ridgemont HS” (clairemont HS.)… I always thought “Dude” was gender neutral – could be used for girls and boys… But maybe I’m the only one who feels that way. LOL. (And I’ll never be as cool as “the Dude” Jeff Bridges.[/quote]

You know, a few years ago I bought about 20 See’s Candy gift certificates, each costing $7 for a 1lb box of chocolates, kinda to give out on Xmas to close friends/relatives. In hindsight, considering an average box costs $12-14, I should have just stocked up on more certificates.

[Coronita]

[quote=UCGal][quote=flu][quote=UCGal][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.[/quote]

Dudette, you’re talking about getting into the markets??? I’m thinking about getting out of the markets….It’s getting too hot to handle for my blood. Serveral things are already at the top ranges, with several at years high.

Anyone want to guess if Yahoo pukes this afternoon?[/quote]

I’m mostly out of the market in both my non-tax deferred and my 401k/IRA stuff… but it pains me to see the lack of returns… I’ve been trying to figure out a way to get *some* return on a small portion of my sidelined money.

And just so you know… as a native San Diegan and alumni of “ridgemont HS” (clairemont HS.)… I always thought “Dude” was gender neutral – could be used for girls and boys… But maybe I’m the only one who feels that way. LOL. (And I’ll never be as cool as “the Dude” Jeff Bridges.[/quote]

You know, a few years ago I bought about 20 See’s Candy gift certificates, each costing $7 for a 1lb box of chocolates, kinda to give out on Xmas to close friends/relatives. In hindsight, considering an average box costs $12-14, I should have just stocked up on more certificates.

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