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UCGal
Participantalso – as far as their brand – Bloomberg TV just aired a piece a few minutes ago about how this might hurt Warren Buffet’s brand. He made a huge bet on GS – and it’s blowing up in his face.
Participantalso – as far as their brand – Bloomberg TV just aired a piece a few minutes ago about how this might hurt Warren Buffet’s brand. He made a huge bet on GS – and it’s blowing up in his face.
Participant[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.
Participant[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.
Participant[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.
Participant[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.
Participant[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.
Participant[quote=Arraya]GS already shorted itself before the news came out.[/quote]
Is it sad that I believe this could be true?
Participant[quote=Arraya]GS already shorted itself before the news came out.[/quote]
Is it sad that I believe this could be true?
Participant[quote=Arraya]GS already shorted itself before the news came out.[/quote]
Is it sad that I believe this could be true?
Participant[quote=Arraya]GS already shorted itself before the news came out.[/quote]
Is it sad that I believe this could be true?
Participant[quote=Arraya]GS already shorted itself before the news came out.[/quote]
Is it sad that I believe this could be true?
ParticipantI’ve seen some properties that fit CARs description. But in my hood – University City…
This one comes to mind:
http://www.sdlookup.com/MLS-100003395-4327_Benhurst_San_Diego_CA_92122They’re on their 4th MLS# in a year, resetting the DOM. Their price reductions have been small. The property has some issues – the big one is that it backs up to Governor drive.
They paid $420k in 2000 – but have probably pulled a lot of cash out. They originally listed for close to $1M. It was too high back then – and they haven’t dropped much.
It doesn’t help that 4346 Benhurst, across the street, is scheduled for trustee sale next month. That will provide another uncomfortable comp for them.
ParticipantI’ve seen some properties that fit CARs description. But in my hood – University City…
This one comes to mind:
http://www.sdlookup.com/MLS-100003395-4327_Benhurst_San_Diego_CA_92122They’re on their 4th MLS# in a year, resetting the DOM. Their price reductions have been small. The property has some issues – the big one is that it backs up to Governor drive.
They paid $420k in 2000 – but have probably pulled a lot of cash out. They originally listed for close to $1M. It was too high back then – and they haven’t dropped much.
It doesn’t help that 4346 Benhurst, across the street, is scheduled for trustee sale next month. That will provide another uncomfortable comp for them.
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