Investment Strategies: Bank of America, Goldman Sachs, T. Rowe Price, Celgene
Financials Moving Higher – Analysis and Discussion with Owen Fitzpatrick of German Bank Private Wealth Management
Financials Moving Higher – Analysis and Discussion with Owen Fitzpatrick of German Bank Private Wealth Management
The money from TARP and the Federal Resreve is nothing to compared to what Goldman Sachs gets through the FDIC.Goldman Sachs has access to endless amounts of cheap government capital through the FDIC. No public reporting. No strings attached. Sure they can return the TARP money. That ‘s petty cash compared to the FDIC gusher.Goldman Sachs deliberately deceived the raters and sold junk bonds as quality, low risk investments. They will get away with it To “keep confidence in the market.”
yay get em BAC!