In a remarkable (and uncharacteristic) show of restraint, the analyst did not nominate her main man, Ken Lewis, for the job. (But don’t think it’s not coming.)
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
At this point one has to expect that GS will indeed loose a few clients. Seems like there is too much “guilt by association” risk to do business with GS. Hard to see how they can maintain/increase clients.
@1 there’s a client born every minute.
Bove is an idiot. GS’s fee’s on these transactions wasn’t anywhere near the hundreds of millions. The guys who made money were Paulson & Co.
Secondly, re. institution still being willing to trade with Goldman, what is she smoking? I know many banks who won’t face them if they can avoid it.
Bove is an idiot. This is not about law, it is about politics. GS will be sacrificed, it has become too notorious.
the new CFO will be Al de Molina.
http://bit.ly/cd8Kg2
check out the forums at stockpickr dot com , Cramer’s spinoff website for idiots. Tomorrow it will be cleaned up. Cramer as the 3 Stooges “Larry”
@1 needs to “loose” his virginity
Our banking system is the modern version of organized crime, and needs serious reform. Otherwise, democracy has no chance of survival. These guys are getting richer and richer at the expense of working people who actually and literally make this economic system work.
We need to replace these fat cats with responsible people who understand the true meaning of “due diligence” and who truly respect the average person who make their jobs possible. No society can survive for long without a viable middle class. This has been the downfall of societies throughout history.