fair comment about Goldman's political connections and influential alumni. still, Goldman made a couple billion shorting sub prime and associated businesses (homebuilders), and kept their balance sheet cleaner vis a vis troubled assets. their prop desk helped keep them afloat while others were sunk by the concrete footwear of very crappy (trip A but not really...) assets
On Mar 23 08:31 PM User 357469 wrote:
> I guess Goldman Sachs put more money in the pockets of the right > politicians. > > On Mar 23 08:11 PM 367851 wrote:
-
fair comment about Goldman's political connections and influential alumni. still, Goldman made a couple billion shorting sub prime and associated businesses (homebuilders), and kept their balance sheet cleaner vis a vis troubled assets. their prop desk helped keep them afloat while others were sunk by the concrete footwear of very crappy (trip A but not really...) assets
Mar 24 06:52 am
|Rating:
+7
-1
All Comments by southbeach »Why I Think Paul Krugman Is Wrong [View article]
On Mar 23 08:31 PM User 357469 wrote:
> I guess Goldman Sachs put more money in the pockets of the right
> politicians.
>
> On Mar 23 08:11 PM 367851 wrote: