SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (2605)8/14/2007 4:59:59 PM
From: The Reaper  Read Replies (1) | Respond to of 6370
 
How's this for arrogance from Goldman Sachs.

According to Bloomberg, the firm said, "Current values that the market is assigning to the assets underlying various funds represent a discount that is not supported by the fundamentals."

Says who? The markets decide the values. Nothing else matters. I hope they find another $3B fast to shore up their bankrupt hedge funds. They probably lost that first $3B they got yesterday, today.