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Strategies & Market Trends : Value Investing

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To: JakeStraw who wrote (37600)4/27/2010 10:10:54 AM
From: E_K_S  Read Replies (2) of 78486
 
I am not interested in buying any financials unless it's a fireside sale. GS at $120.00/share might qualify. GS Credit Default Swaps are currently priced like a third world country. If congress wants to set an example and GS is the scapegoat, its possible GS could sell that low. It's important that the general public see how these investment banks work and how greed can influence their ethics in how they run their business. GS is no different than any of the other firms. I just don't think that any legislation can really clean this type of action up.

EKS
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