The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (210772)	7/16/2009 11:30:19 AM
From: Les H	Read Replies (1) of 306849

It didn't sound like US money manager, Michael Holland, was being ironic when he described Goldman Sachs as "the smartest guys in the room" for piling up income of US$3.4 billion in the three months to June 26 - an 89 per cent increase compared to the same period last year. The 'smartest guys in the room' tag, of course, is now inextricably linked with the Enron executives and their "faulty and corrupt business practices", which led to a financial scandal that has since been eclipsed by Madoff et al. blogs.nzherald.co.nz

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