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Goldman Ceo Sees Gloom Ahead

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Guest Winnie

GOLDMAN CEO SAYS “CHANCES ARE†THIS IS NOT THE RECOVERY

Posted by Neil Hume on Jun 10 14:23.

Can this be right? A Goldman executive who’s is not bullish. But one who knows he will be judged retrospectively for his projections..... (so to speak)

According to Reuters it is.

TEL AVIV, June 10 (Reuters) - Goldman Sachs CEO Lloyd Blankfein said on Wednesday he believed a current upturn in world markets was probably not a full recovery from crisis and said he expected a further long recession.

“I think it’s going to be a long proctracted recession,†he told an international regulators conference in Tel Aviv.

Addressing a current upturn in markets, he said: “There is no reason to think this is it … So many things have to be sorted out. Why would this be the recovery?

“The chances are it’s not.

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Guest theboltonfury
GOLDMAN CEO SAYS “CHANCES ARE†THIS IS NOT THE RECOVERY

Posted by Neil Hume on Jun 10 14:23.

Can this be right? A Goldman executive who’s is not bullish. But one who knows he will be judged retrospectively for his projections..... (so to speak)

According to Reuters it is.

TEL AVIV, June 10 (Reuters) - Goldman Sachs CEO Lloyd Blankfein said on Wednesday he believed a current upturn in world markets was probably not a full recovery from crisis and said he expected a further long recession.

“I think it’s going to be a long proctracted recession,†he told an international regulators conference in Tel Aviv.

Addressing a current upturn in markets, he said: “There is no reason to think this is it … So many things have to be sorted out. Why would this be the recovery?

“The chances are it’s not.

So his traders have just shorted like mad and now he's trying to steer the market.

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Guest Winnie
So his traders have just shorted like mad and now he's trying to steer the market.

Yup - this from bloggers on ZeroHedge:

lizzy:

"Boys and girls GS may be getting ready to roll this market. Blankfein said this, in Tel Aviv this morning.

...

"thanks lizzy.

gs must be set up their short positions.

there was a rumor that they were buying gold calls for june and december."

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Yup - this from bloggers on ZeroHedge:

lizzy:

"Boys and girls GS may be getting ready to roll this market. Blankfein said this, in Tel Aviv this morning.

...

"thanks lizzy.

gs must be set up their short positions.

there was a rumor that they were buying gold calls for june and december."

Got their AIG money.

Got their TARP repayment permissions.

Let the party begin..............

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