Comments on: Meredith Whitney and the Buy Recommendation on Goldman Sachs http://www.dailyreckoning.com.au/meredith-whitney-and-the-buy-recommendation-on-goldman-sachs/2009/07/15/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Glen http://www.dailyreckoning.com.au/meredith-whitney-and-the-buy-recommendation-on-goldman-sachs/2009/07/15/comment-page-1/#comment-89586 Glen Sun, 19 Jul 2009 07:54:15 +0000 http://www.dailyreckoning.com.au/?p=6553#comment-89586 We are at the end of our understanding about economics,The means of production- labour- resulting in distributed wealth by the participation of the majority guided by the invisible hand is all but gone. The invisible hand is now the full participation of government bods who were basically elected to establise fair laws of self determination (democracy) not voted into positions to direct production-labour-wealth,and direct and include the worst of captains of production and wealth whos only motivation is pure greed. Humanism is the levelling real power of stabilisation, and when this power kicks in it does not ask and nobody can escape it or ingnore its noble cause.LEVELLING We are at the end of our understanding about economics,The means of production- labour- resulting in distributed wealth by the participation of the majority guided by the invisible hand is all but gone. The invisible hand is now the full participation of government bods who were basically elected to establise fair laws of self determination (democracy) not voted into positions to direct production-labour-wealth,and direct and include the worst of captains of production and wealth whos only motivation is pure greed. Humanism is the levelling real power of stabilisation, and when this power kicks in it does not ask and nobody can escape it or ingnore its noble cause.LEVELLING

]]> By: greg http://www.dailyreckoning.com.au/meredith-whitney-and-the-buy-recommendation-on-goldman-sachs/2009/07/15/comment-page-1/#comment-89306 greg Thu, 16 Jul 2009 06:05:36 +0000 http://www.dailyreckoning.com.au/?p=6553#comment-89306 check out the interview on the cnbc website...she actually says that this is a trading call and that she was looking for financials to rise 10-15% before falling back again. she also makes the point you made that she is bullish on goldman because they are good at underwriting debt and there will have to be a lot of issuance - she characterised it as bearish for everyone else but bullish for goldman. seems she probably just got sick of being bearish and wanted to make a call that would get her little firm in the headlines. good luck to her but even she says its a trade so watch out! check out the interview on the cnbc website...she actually says that this is a trading call and that she was looking for financials to rise 10-15% before falling back again. she also makes the point you made that she is bullish on goldman because they are good at underwriting debt and there will have to be a lot of issuance - she characterised it as bearish for everyone else but bullish for goldman. seems she probably just got sick of being bearish and wanted to make a call that would get her little firm in the headlines. good luck to her but even she says its a trade so watch out!

]]> By: rag http://www.dailyreckoning.com.au/meredith-whitney-and-the-buy-recommendation-on-goldman-sachs/2009/07/15/comment-page-1/#comment-89266 rag Wed, 15 Jul 2009 23:56:53 +0000 http://www.dailyreckoning.com.au/?p=6553#comment-89266 how do you get a job with Goldman - if the economy is going down the toilet then I want to be in the house that flushes it - given they have less competition - they must have market intelligence covered in seeing the flows and that the punt - direct line to helicopter ben as the institution that runs the show = how can you not make a squillion - every hates you but who cares, just close your porsche window and turn up the music sing while roman burns - take the loot and buy gold with it rather than toil at an honest living and being on the pointy end of the stick - do the pointing how do you get a job with Goldman - if the economy is going down the toilet then I want to be in the house that flushes it - given they have less competition - they must have market intelligence covered in seeing the flows and that the punt - direct line to helicopter ben as the institution that runs the show = how can you not make a squillion - every hates you but who cares, just close your porsche window and turn up the music

sing while roman burns - take the loot and buy gold with it rather than toil at an honest living and being on the pointy end of the stick - do the pointing

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