Goldman Sachs
- Started
- Last post
- 3 Responses
- ukit
http://www.portfolio.com/executi…
The author calls it a conspiracy theory, but I was pretty convinced by the time I finished reading.
- pistollero0
I mean, GS also gave a ton of money to the Mc Cain campaign. And the reason to why everyone have a connection to Goldman is because they are the best and the other banks/hedge funds likes to recruit from there.
And regarding the shorting in Lehman and Bear -- they had leverage up to 40 to 1, in fact Lehman's CFO wanted to break the old record on 30 to 1. I
Why wouldn't you short those stocks?Read Vanity Fair, it's all in there...
- ukit0
True, they give a lot to everyone.
But when you have Paulson go from CEO of Goldman to running the bailout where one of Goldman's main rivals goes under and Goldman ends up in a stronger position...I don't see how you can't call that conflict of interest.
- johndiggity0
how,would you possibly be qualified for any major government treasury job without being ceo at some major bank? damned if you do and damned if you don't.