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Three thoughts:
Sep 24 10:29 am
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All Comments by OldLimey »Does GS Recapitalization Indicate It's Time to Invest? [View article]
1. WB got a phenomenal deal, underwritten - in all probability - by the US taxpayer. Certainly worth a punt from his perspective.
2. Don't the terms of this deal say something pretty negative about the shape GS is really in?
3. Back in the mists of time, sovereign wealth funds poured capital into Merrill and UBS. Was that a good time to buy?