Yeah, I saw that one, too, but the one with Gasparino and Liesmann was even more high pitched. Apparently Gasparino, though now on the GE payroll (and so he knows the side on which his bread is buttered), has hit his ethical tolerance limit on the Goldman Sux shenanigans. Ditto Ben Stein. This isn't like, say, former Clinton Labor Secretary and perennial Democrat apologist Robert Reich throwing $hit against the wall to see what sticks, Ben Stein is a die hard Republican apologist! Too bad the focus of your video link was, again as was the Gasparino-Liesmann bout, on the honesty of the Hatzius paper. Gasparino should have bored in on the allegation that Goldman has been SHORTING the crap CMOs that it sold to others!!! I don't know by what vehicle(s) they managed to do that, but, if true, then game, set, match as to the vile ethics of that firm. Probably worth a Congressional inquiry, that is, if Goldman didn't already own all the Congressmen. Got Ron Paul?
NC
P.S. - "Bubblevision" is, in fact, the skeptical investor's special, loving pet name for CNBC. ;o) |