Quote:
Originally Posted by Vendot
I missed Merill but I managed to grab some Goldman Sachs stock this week at $88..... for a sweet deal at the end of today.
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i hope you are kidding?
goldman is next... there is only a few investment banks left, goldman will not be part of them soon. their stock will tank in no time.
aig went from 80 to under 2 in no time
did anyone check out the lehman donkey story
the chief guy, always a winner could not salvage a deal, so monday they declare chapter 11 and he sells what was worth 145 mil stocks for pennies on the dollar and only gets 0.5mil.
then 2 days later the feds step in and offers help, next thing lehman is possible bailed out by Barclays... and he just personally took a shit for 144 mil
in retrospect you gotta wonder what kind of confidence he had in his own firm..