Prime positive
The boys at Goldman Sachs are good! Possibly evil but good. They started shorting CDOs and subprime at the beginning of the year and are on track to cover any losses the firm might have had to the subprime meltdown. These financial guys will sell a product to a customer as triple A and then turn around and short the hell out of it! Collecting fees the whole time of course!
WSJ article
posted by Des @ 12/14/2007 06:20:00 PM
1 Comments:
Those guys are awesome! Lot's of talking/blogging heads "claim" they had predicted this would happen at some point, but these GS boys had the balls to actually put some of their money on this. Gonna keep GS on my watch list!
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