Bernanke’s long-term perspective
This is old (2008), but I thought it was worth another look in light of recent events.
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3 Comments
Themis Trading New White Paper: Data Theft on Wall Street
Must read for anyone who still has a shred of faith in the American capital markets. A true restoration of credibility in US equities, which are nothing than thoroughly fragmented and two-tiered as they stand currently, will require a complete bottoms up overhaul. Unfortunately for that to occur, the current regulators and even the current bought and corrupt administration will need to be replaced.
http://tinyurl.com/2cnjbnm
MOVEON CALLS FOR CRIMINAL INVESTIGATION OF SACHS:
http://pol.moveon.org/investigatewallst/
Goldman Sachs dilemma
Dear T.P.: Goldman Sachs (GS — $146) will sell anything to anybody, anywhere, anytime. If someone designs a better Port-O-John, Goldman will package it as a private offering, perfume it, tell buyers that removal of the waste product is booked as a loss and therefore treated as a tax deduction. I knew Gus Levy when he was chairman of Goldman until he passed in 1976. And if Gus were alive today, he’d turn over in his grave if he had any inkling of what Goldman was doing.
But not to worry. The SEC investigation is just a speed bump as Goldman and other Wall Street Banks collude to establish their New World Order. Your 77 shares of Goldman Sachs are as safe as if they were insured by St. Pete himself. If you have any doubt, just ask Warren Buffett, who now owns $8 billion in Goldman stock.
http://tinyurl.com/27jqt2j