Thursday, Sep 20, 2007
GS might be behind HPC.co.uk
BBC: Goldman Sachs' bets lift profits
Or maybe it is Merv- trying to calm you down and make you resist the urge to splurge.
Or maybe it is someone else, trying to find a steam-valve for your angst.
Interesting times lie ahead. I do not understand the media reponse to the "run". Why would they be be so united in their promotion of it?
Are the Bank trying to pull in a wild-card? Injecting liquidity by redistributing it from NR? Or are the media just being generally anti-social?
Posted by inflation is eating my savings @ 11:46 PM (438 views) Add Comment
6 Comments
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1. japanese uncle said...
Why not impose 90% tax on this filthy profit made out of sheer gambling?
2. Pmaupoil said...
Not surprising, Goldman Sachs has been investing heavily in commodities...
3. Bobsto said...
They're just gamblers who make abnormal returns in a system thats been loaded in their favour for years.
Once ordinary people start losing their jobs and houses or are swamped by inflation they will lose all tolerance for the likes of Goldman.
4. Ticktock said...
JU...200% would seem fairer to me.
5. cyril said...
spectularly good timing - is this gambling or insider knowledge at work?
6. dugmug said...
Cyril...that's just what I thought when I read the article. Looks like someone has had a much better idea of how bad things really are for a while, just didn't let on!