Mr Cooper Group Inc (COOP)

[Lawrence 147]

Hey Goldie how about this and your “parenthetical remark”

http://money.cnn.com/2008/04/15/news/companies/boyd_goldman.fortune/index.htm?postversion=2008041604

Last Updated: May 5, 2008: 2:50 PM EDT
Goldman makes the short list
Is the Wall Street giant 'playing with fire' by recommending short sales of struggling financials like Washington Mutual?
By Roddy Boyd, writer


NEW YORK (Fortune) -- Goldman Sachs recently provided a glimpse of one of the rarest occurrences on Wall Street: an analyst recommended that clients bet against a company by selling its shares short. In this case, the company was struggling Seattle thrift Washington Mutual (WM, Fortune 500), which happens to be a Goldman client.
Goldman's short call last Friday made headlines in part because Goldman had just earned millions of dollars in fees for arranging a costly $7 billion recapitalization of WaMu. Five years ago, Goldman and other major investment banks paid over $1.4 billion to settle charges brought by then New York Attorney General Eliot Spitzer that they tainted their research to curry favor investment banking clients. The settlement has yielded a mixed bag: the most egregious conflicts of interest have waned, but aggressive calls to sell a stock are still uncommon.
While Goldman scored points for not letting its WaMu banking business influence its research on the bank, the firm's bold call also pointed to the declining clout - and revenues - of Wall Street's research operations.
The business of research "is increasingly irrelevant
To read the rest of the article click on the link provided.