[patb]

[quote=UCGal][quote=briansd1]
GS is an investment bank and not a consumer bank, so I don’t think that public image is as important to them.
[/quote]

Technically they aren’t an investment bank anymore – they switched their label (and acquired *some* regulation) becoming a commercial bank – because commercial banks got more government cheese – in the form of virtually free overnight lending at the Fed window.[/quote]

Goldman is at the end of the day a trading house and a hedge fund. If nobody comes to them to make deals, because they distrust Goldman, how much does that impair the franchise.

[patb]

[quote=SK in CV]Right Allen, they had a very temporary cash crunch. But never an equity crunch. They didn’t need, nor get any TARP money directly. But as counter-party, they got almost $13 billion in cash from AIG. Compared to Lehman, Bear Stearns or GM, they were never in danger.[/quote]

Had AIG declared Chapter 11, the court could have
pulled all that back and more.

Goldman was very vulnerable to AIG, and had Paulsen not gone in and paid all AIG CDS at Face, Goldman would have choked.

[patb]

[quote=SK in CV]Right Allen, they had a very temporary cash crunch. But never an equity crunch. They didn’t need, nor get any TARP money directly. But as counter-party, they got almost $13 billion in cash from AIG. Compared to Lehman, Bear Stearns or GM, they were never in danger.[/quote]

Had AIG declared Chapter 11, the court could have
pulled all that back and more.

Goldman was very vulnerable to AIG, and had Paulsen not gone in and paid all AIG CDS at Face, Goldman would have choked.

[patb]

[quote=SK in CV]Right Allen, they had a very temporary cash crunch. But never an equity crunch. They didn’t need, nor get any TARP money directly. But as counter-party, they got almost $13 billion in cash from AIG. Compared to Lehman, Bear Stearns or GM, they were never in danger.[/quote]

Had AIG declared Chapter 11, the court could have
pulled all that back and more.

Goldman was very vulnerable to AIG, and had Paulsen not gone in and paid all AIG CDS at Face, Goldman would have choked.

[patb]

[quote=SK in CV]Right Allen, they had a very temporary cash crunch. But never an equity crunch. They didn’t need, nor get any TARP money directly. But as counter-party, they got almost $13 billion in cash from AIG. Compared to Lehman, Bear Stearns or GM, they were never in danger.[/quote]

Had AIG declared Chapter 11, the court could have
pulled all that back and more.

Goldman was very vulnerable to AIG, and had Paulsen not gone in and paid all AIG CDS at Face, Goldman would have choked.

[patb]

[quote=SK in CV]Right Allen, they had a very temporary cash crunch. But never an equity crunch. They didn’t need, nor get any TARP money directly. But as counter-party, they got almost $13 billion in cash from AIG. Compared to Lehman, Bear Stearns or GM, they were never in danger.[/quote]

Had AIG declared Chapter 11, the court could have
pulled all that back and more.

Goldman was very vulnerable to AIG, and had Paulsen not gone in and paid all AIG CDS at Face, Goldman would have choked.

[patb]

[quote=afx114]Your not making sense. There signs look fine to me.[/quote]

You’re not making any sense. Their signs appear fine to me.

[patb]

[quote=afx114]Your not making sense. There signs look fine to me.[/quote]

You’re not making any sense. Their signs appear fine to me.

[patb]

[quote=afx114]Your not making sense. There signs look fine to me.[/quote]

You’re not making any sense. Their signs appear fine to me.

[patb]

[quote=afx114]Your not making sense. There signs look fine to me.[/quote]

You’re not making any sense. Their signs appear fine to me.

[patb]

[quote=afx114]Your not making sense. There signs look fine to me.[/quote]

You’re not making any sense. Their signs appear fine to me.

[patb]

[quote=pabloesqobar]

Now I get to think of some fun, creative thing to do with the bogus bill. Light a cigar with it? Give it to a homeless dude? Stick it to the ceiling at Players in Kearny Mesa?

Thanks for any input.[/quote]

Tip a stripper in the champagne room. She’s going to fake sex, you can fake payment 🙂

[patb]

[quote=pabloesqobar]

Now I get to think of some fun, creative thing to do with the bogus bill. Light a cigar with it? Give it to a homeless dude? Stick it to the ceiling at Players in Kearny Mesa?

Thanks for any input.[/quote]

Tip a stripper in the champagne room. She’s going to fake sex, you can fake payment 🙂

[patb]

[quote=pabloesqobar]

Now I get to think of some fun, creative thing to do with the bogus bill. Light a cigar with it? Give it to a homeless dude? Stick it to the ceiling at Players in Kearny Mesa?

Thanks for any input.[/quote]

Tip a stripper in the champagne room. She’s going to fake sex, you can fake payment 🙂

[patb]

[quote=pabloesqobar]

Now I get to think of some fun, creative thing to do with the bogus bill. Light a cigar with it? Give it to a homeless dude? Stick it to the ceiling at Players in Kearny Mesa?

Thanks for any input.[/quote]

Tip a stripper in the champagne room. She’s going to fake sex, you can fake payment 🙂

[Author]

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