bob, this is exactly right. GS pps was very low. jpm was very low and now look at them cause they stoled all good assets from the banks they closed down and sill closing them this weekend.
aig and bac
i think count is about 94 now.
re; wow! stuff.
mick retirees situation some..ex.. What would you do in this retirement situation?
GS is getting the money from the FED to buy the banks... On April 30th, 2009 cepivon says:
Remember when Paulson said he was going to use the money to buy "bank equities", instead of purchasing "toxic assets". I was in disbelief when I heard that.
BUT, that is EXACTLY what has been going on in the stock market, WITH the corruption of the SEC and changing their Mark to Market accounting rules to cover up and hide the toxic assets.
Isn't crazy these banks are reporting PROFITS??
It's really outrageous. Here they were near BANKRUPTCY, and they are reporting PROFITS?
Whew....
It's because Geithner is getting the $$$$$$$$$$$$$ to buy the stocks of the banks.
AND, how long that will last?
I don't know. Ad infinitum, as long as they can get away with it.
It's just ONE MORE WAY of TRANSFERRING WEALTH from our 401k's to themselves.
Because so many retirees and others have bailed from these markets, so don't kid yourself when the markets go UP and UP. They are befitting. Many have bailed out.
And, the LACK OF VOLUME in the market these past few weeks speaks "volumes", if you ask me!
Crudele: Questions About Goldman Sachs Role in Market | Ron Paul ... Because so many retirees and others have bailed from these markets, so don't kid yourself when the ... another great article on the situation by Matt Taibbi ... http://www.dailypaul.com/node/91499
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