Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: heinz44 who wrote (52775)	11/12/2007 11:25:46 PM
From: LLCF	Read Replies (1) of 78419

I wouldn't doubt it if Goldman sold all that crap to it's customers. They're not stupid. One of Banksters biggest gravy train is creating weird "financial products" based on the "back end" (yes, you get the butt end) of big money (companies) deals they do... So of course they make the big loan to Enron let's say... (hell who doesn't need the fees?? And the crappy companies pay the biggest fees banksters aren't stupid... they take as much as possible off both ends)... and then jam all that crappy paper, or parts of it (Oh, they'll KEEP the juicy option that say Enron has to pay some big penalty for late payments, or balance sheet problems) into some high yield fund they do business with or go out and buy those puts on Enron equity that they had lined up to buy before the deal. Banksters will be banksters. DAK

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