Oh this is absolutely classic:
Meredith Whitney lifts Wall Street after urging clients to buy Goldman Sachs
Ms Pretty urges all those who lost out to buy the [alleged] profiteer's and [alleged] in-trader's stocks to do what? To buoy the market? Ah, I see - the new, post-crisis Goldman Sachs market.
How many billion people can see through this? The best part though is that the Telegraph reports it as "Goldman Buoys Markets", i.e. a fait accompli, already done, over with.
Here's another one to have you rolling on the floor:
Sotomayor vows impartiality if confirmed to the court.
"Honestly, I'll take back all [alleged] racist remarks and never do it again, truly ruly, please believe me [flutters eyes beguilingly]."
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James, Meredith made it quite clear that GS has profit lines not available to other "banks".
ReplyDeleteThe market rally was orchestrated, and yes, on the back of GS/Meredith, aided and abetted by nonsense algorithms of rocket scientist traders, BUT, it was to destroy the value of options that expire this friday.
You have to hand it to GS/Morgan et al - they do it well.
ReplyDeleteSo we now expect a drop after this week?
ReplyDeleteLet's wait and see.
ReplyDelete...she'll take back all the racists remarks, then perhaps add 'payasos' under her breath ('clowns', meaning fools).
ReplyDelete