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cos1000, sl62-
Dec 03 10:23 am
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All Comments by Bababooie »Goldman's Wienkes No Longer Covering Sirius [View article]
I agree, the departure of Mr. W is long overdue. There was a conflict in reporting price targets and owning debt. Any attempt for GS to stay long in SIRI must be coupled with the exiting of an analyst for the stock. I believe GS took the steps to short the stock to it's legal limit. The continued relationship of setting price targets by Mr. W would be too Obvious, and open GS to litigation. The increase in the stock will now be in line with the Credit Market conditions. These conditions are also predisposed to the LOANS given to the Domestic Auto companies.