tag:blogger.com,1999:blog-5724181159639068489.post5543515510504868722..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: Economics and Goldman Sachs...continuedRobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5724181159639068489.post-51265553621806944022011-01-19T20:29:34.941-05:002011-01-19T20:29:34.941-05:00They just seem to be having all kinds of problems ...They just seem to be having all kinds of problems lately. But they are not alone.<br /><br />The truth is that we have gotten to the point where big Wall Street banks such as JP Morgan, Goldman Sachs, Citibank and Morgan Stanley just have way, way too much power.<br /><br />The biggest Wall Street financial institutions had no trouble begging for bailouts from the U.S. government during the financial crisis, but when the American people have needed a little grace and mercy from them they have been less than helpful.<br /><br />So what do you think about how the big Wall Street banks have been behaving?<br /><br />http://tinyurl.com/482b48rAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-52718783723254630102011-01-19T12:40:11.153-05:002011-01-19T12:40:11.153-05:00Counterpunch also has a few thoughts on tax cuts:
...Counterpunch also has a few thoughts on tax cuts:<br /><br />http://www.counterpunch.org/flanders01192011.htmlJoycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-88198051178554002732011-01-19T12:37:18.295-05:002011-01-19T12:37:18.295-05:00Counterpunch has an article about economists:
htt...Counterpunch has an article about economists:<br /><br />http://www.counterpunch.org/baker01192011.htmlJoycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-31384171787281619212011-01-19T09:30:00.814-05:002011-01-19T09:30:00.814-05:00The New Yorker has an excellent article by John Ca...The New Yorker has an excellent article by John Cassidy about Goldman Sachs entitled, "Goldman-Facebook: A Failure of Leadership."<br /><br />Excerpt below:<br /><br />"From a narrow financial perspective the Facebook scheme was hard not to like. Under its terms, Goldman would ante up about $450 million of its own money to the social network, which is quite a sum, even for Goldman. However, it was likely to reap much more money in return. A Facebook I.P.O. sometime in 2012 that raised $20 billion, which is far from beyond the bounds of possibility, would yield some $1.4 billion in underwriting fees, at least half of which would probably go to Goldman."<br /><br />http://www.newyorker.com/online/blogs/johncassidy/2011/01/goldman-facebook.html<br /><br />Is Goldman Sachs getting so confident that it is starting to make bigger and bigger mistakes?Joycenoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-44633738888038896582011-01-19T09:23:24.555-05:002011-01-19T09:23:24.555-05:00Larry, I like the way you gather up all the loose ...Larry, I like the way you gather up all the loose ends and tie them together to show that Goldman Sachs does not act with either integrity or honesty although they would like us to believe that they do. They do not act as a socially responsible bank but as a greedy hedge fund that works for the benefit of themselves alone by endeavoring to transfer the wealth of all to the coffers of the few, i.e., Goldman Sachs.Joycenoreply@blogger.com