• 06 Oct 2009 at 4:01 PM

Goldman Sachs Takes An Active Role In The Distressed Market

By Greg Michaels

Bulger.jpgIt’s not just the secondary market for ABS CDOs that is seeing some activity these days. Another distressed asset, the St. Louis Rams, may soon have a new owner if the family of former Rams owner Georgia Frontiere gets the go-ahead from their advisor, the firm at 85 Broad Street. In a departure from the norm, the guy who once claimed Michael J. Fox’s Parkinson’s symptoms were all an act, Rush Limbaugh, will be playing the role of adversary along with St. Louis Blues Owner Dave Checketts in the sweepstakes for the winless club. While the prospect a Limbaugh-led organization may send a chill up the spine of some, GS should be terrified at the prospect of reaching an acceptable price tag. A year into the vilification campaign, the last headline the firm needs now is ‘Goldman Sachs and Rush Limbaugh Are In Complete Agreement’.

Comments (10)

  1. 1
    Posted by guest | October 6, 2009 at 4:11 PM

    Greg, I knew it was you just from looking at the uninspired first word!

  2. 2
    Posted by guest | October 6, 2009 at 4:13 PM

    Greg,
    Please go away.
    Thanks.

  3. 3
    Posted by guest | October 6, 2009 at 4:20 PM

    @1: or from the uninspired stock photo.

  4. 4
    Posted by guest | October 6, 2009 at 4:24 PM

    Didn’t Lou Dobbs get pissed off at LB for making snide remarks behind Lou Dobb’s generous back?? Didn’t Lou call Lloyd out on that one? Something about “come tell me to my face…”
    So Goldman is advising the UberDitto. Big deal…unusual, but “big deal”.

  5. 5
    Posted by guest | October 6, 2009 at 4:25 PM

    Greg, what’s your address? I’ve got something to send you.
    http://www.borders.com/online/store/TitleDetail?sku=0922993769

  6. 6
    Posted by guest | October 6, 2009 at 4:29 PM

    Are they going to advise him to trade for McNabb since Philly has 2 guys who could pick up the slack?

  7. 7
    Posted by guest | October 6, 2009 at 4:34 PM

    Dude, the Rams lineup is so going to dominate the right side of the field

  8. 8
    Posted by guest | October 6, 2009 at 4:51 PM

    Greg, if you are going to keep hating on conservatives and/or obscure midwest sports franchises, please be either funnier or more interesting. You can pick. Thanks.

  9. 9
    Posted by guest | October 6, 2009 at 5:21 PM

    Don’t some players get “numbed up” by the trainers if the players are in pain? Interesting.
    ~Rush

  10. 10
    Posted by trojan | October 6, 2009 at 7:44 PM

    taking the Rams Under 5.5 wins for the season at -130 was the best call i’ve made all year

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