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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (203556)5/21/2009 6:46:17 PM
From: saveslivesbydayRead Replies (3) | Respond to of 306849
 
WTF is GS doing upgrading US Banks?

GS upgrades banks, so it's traders can short at a higher level (remember that proprietary trading is the most profitable division)

GS upgrades banks, so their friends can finish secondary offerings at current prices, before the market tanks again

GS upgrades banks and credit card companies, in meager attempt to counter the effects of new legislation that will curtail cannabalistic practices

GS upgrades banks, hoping retail investors don't notice that they themselves are now also included in this category

GS upgrades banks, hoping nobody realized that their analysts eat lunch and work alongside their traders........



To: saveslivesbyday who wrote (203556)5/21/2009 7:29:48 PM
From: Bank Holding CompanyRespond to of 306849
 
Tarp was apparently used to buy stocks. Who can blame them.