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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (4721)	3/16/2007 9:49:12 AM
From: RonMerks	of 50729

"Everyone from Sinclair to Bill Murphy, gold bugs old and new alike -- have called Barrick for what it was...is...and will always be:...the favored vehicle of the Investment Bankers and the Gold Cabal." AMEN BROTHER! It is NOT good news in the long run. Slider, you truly see the world through a different lens than the average bear (or, bull). Talking about investment banks. Man- they are ka-chinging the register on this subprime meltdown. They made money in bringing them public, made money loaning them money, made money in underwriting their bonds, made money on the mergers & acquisitions, made money in selling the bundled mortgages, and now are making money in siphoning off their assets and reselling them- not to mention their trading departments simultaneously shorting the hell out of them- as the other hand lends them money- with the remaining liquid assets as collateral- at pennies on the dollar. Ron

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