Tuesday, April 27, 2010

Watch out same thing happening now

Love letters from goldman sachs

be careful out there...its clear that goldman sachs and others knew the mortgage market was about to blow up and that was in january 2007,so its clear that the stock rally to dow 14,000+ was engineered as goldman off-loaded anything they wanted to. So if you wondered what's going on with this rally now,turn to 2007 for the answers imo....don't be suckered in

Posted by taffee @ 06:20 AM (1142 views)
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2 thoughts on “Watch out same thing happening now

  • An email is found which states that these investments are too complex to fathom.
    A company with a failing asset tries to off-load it.

    To me, we need to wind back the clock to the time that the stock markets were convinced about the mathematics of these investments, and that credit rating agencies were cool with it.

    Otherwise, there is no mechanism by which this problem can be side-stepped in future.
    Is that too simplistic?

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  • i remember the 90`s says:

    Most on here knew the mortgage market was in trouble !!!!!!!! but i for one just did`nt realise what comes with it .

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