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MMMPARSLEY1 » Comments » GS

  • Goldman Sachs Is Toast [View article]
    Check out this guy's blog. There is a link provided under his photo at the top left of the page, www.dormroomderivative.../.

    Are people paying him to be a professional negative indicator? No offense, brother, but your skill in markets, if applied to chess, would leave you open for a 4 move checkmate.
    Mar 10 23:50 pm |Rating: +4 0 |Link to Comment
  • Goldman Sachs Is Toast [View article]
    Rohan,

    Thanks for the further clarification on the $122,000,000.00 dollar cash holdings.

    If what you are saying is true, this 19 year old blogger from Michigan will be quite wrong as time unfolds.

    Dave
    Mar 10 18:52 pm |Rating: +7 0 |Link to Comment
  • Goldman Sachs Is Toast [View article]
    I'll take the opposite side of that bet anyday.

    Goldman has $122 billion in cash, which I believe is still considered a tangible asset. Are you sure that they are 23x overleveraged?

    It appears to me they have significantly more room for error than either Bank of America (BAC) or Citigroup (C). I'd imagine some financial companies are going to remain standing when this is all said and done, and I see few mega-institutions left standing as cash rich as Goldman.

    I'm more of a micro-cap hunter than a institutional bank analyzer, so correct me where I'm wrong. Perhaps my arguments are too simple.

    Dave
    Mar 10 05:53 am |Rating: +3 -3 |Link to Comment
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