tag:blogger.com,1999:blog-6616959642391988608.post8799917152884787487..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Market expects a very weak recoveryScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-54861866218017095832009-07-15T10:28:27.882-07:002009-07-15T10:28:27.882-07:00Again, because the Government led by ex Goldman ex...Again, because the Government led by ex Goldman execs cherry picked how this would shake out.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64623281870941358282009-07-15T09:57:58.197-07:002009-07-15T09:57:58.197-07:00GS benefited most because its competition evaporat...GS benefited most because its competition evaporated.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-79981460548658192012009-07-15T08:00:55.913-07:002009-07-15T08:00:55.913-07:00Chad,
Do your research or just read below. GS wou...Chad,<br /><br />Do your research or just read below. GS would have evaporated with AIG had it not been for taxpayers...<br /><br />"Last fall, in the wake of the failure of Lehman Bros., Goldman transformed itself from an unregulated investment bank into a bank holding company so it could accept deposits. Like other banks, Goldman participated in the TARP program. On Oct. 28, Goldman sold $Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89481570911778504702009-07-14T20:59:23.661-07:002009-07-14T20:59:23.661-07:00Public Library,
"Without a bailout by the go...Public Library,<br /><br />"Without a bailout by the government (direct/indirect), Goldman Sachs does not exist so there should be nothing celabratory in their ability to steal from the people post this reality."<br /><br />As I recall, GS and other viable banks were forced to take TARP money to run cover for the weak (i.e. Citi). <br /><br />GS already paying back the TARP money - Chadhttps://www.blogger.com/profile/14267717686164259220noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64860948926332898722009-07-14T14:42:16.472-07:002009-07-14T14:42:16.472-07:00And not everyone is bearish. Plenty forecasting 3-...And not everyone is bearish. Plenty forecasting 3-4% growth including your President...<br /><br />"Our forecast for the second half of this year and all of next year is that real (inflation-adjusted) economic growth is going to average more than 4% at an annual rate, well above the consensus, which expects below-trend growth of about 2%."<br /><br />http://www.forbes.com/2009/07/13/Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83494826983306583392009-07-14T14:32:22.679-07:002009-07-14T14:32:22.679-07:00Goldman Sachs is what is truly wrong with this cou...Goldman Sachs is what is truly wrong with this country so it saddens me to see your unabashed enthusiasm for their supposed "prowess". <br /><br />Without a bailout by the government (direct/indirect), Goldman Sachs does not exist so there should be nothing celabratory in their ability to steal from the people post this reality.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.com