I don't want to use harsh words but I think the GS culture hires the brightest people and turns them into inhumane corporate monsters. I fail to understand how these brightest people, who already made/or are in the path of making millions, make such poor, unethical personal/proffessional choices:
'Tension-Raising' Low Sovereign Rating of Turkey [View article]
Turkish economy is getting worse, political instability is escalating, foreign investors are leaving Turkish stock market. These are all bad signs. Highly speculative and risky market. Not because the rating agencies said so, just look at the unemployment rate.
Most of the future option arm resets will be modified to keep the existing payment or they will be put into another modification alternative to minimize the effect of arm reset. Mortgage servicers and investors realized that too keep the loan owners making their payments they need to do debt forgiveness/rate freeze modifications.
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Latest | Highest ratedFour Factors Favoring Turkey's ETF [View article]
online.wsj.com/article...
Stay away from TUR at this level.
Unwinding the Goldman Sachs Myth [View article]
Tim Geithner www.washingtonpost.com...
John Thain www.thedailybeast.com/.../
'Tension-Raising' Low Sovereign Rating of Turkey [View article]
Turkish economy is getting worse, political instability is escalating, foreign investors are leaving Turkish stock market. These are all bad signs. Highly speculative and risky market.
Not because the rating agencies said so, just look at the unemployment rate.
Housing: Where Is the Bottom? [View article]
Most of the future option arm resets will be modified to keep the existing payment or they will be put into another modification alternative to minimize the effect of arm reset. Mortgage servicers and investors realized that too keep the loan owners making their payments they need to do debt forgiveness/rate freeze modifications.