look at GS-PA . since it's pretty much ridiculous to think that goldman is gonna go bust, goldman's preferred has been WAY oversold. i think that much of Goldman's CDS spread is due to the fact that there is no one willing to write protection on Goldman.
disclaimer: this is not trade solicitation of any sort. I own GS-PA. so ha.
...it is not ridiculous to think Goldman could go bust. In fact if they dont find a partner soon goldman WILL go bust. Anybody without deposits is at risk right now, just b/c goldman has done well dosent mean they will be able to fund themselves in these markets. The whole brokerage model is in question right now. If i was you i would not own that stock.
If you owned puts on the banks in the past couple days/weeks you made out like a bandit. Talk about a mega trade. If you bought puts on the banks today you paid a fortune for those options.
"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
bondarb, i know you know this business a lot better than i do. while it's quite possible that goldman may not find a commercial bank, i'm thinking that the boys at GS can pull something out of their bag of tricks.
aachimpbondarb, i know you know this business a lot better than i do. while it's quite possible that goldman may not find a commercial bank, i'm thinking that the boys at GS can pull something out of their bag of tricks.
i forgot to mention, paulson still works for goldman.
Optio eum nostrum in qui totam labore et. Suscipit harum corrupti eos eos nisi consequatur. Tempore dolorum alias ut beatae dolores voluptatem tempore.
Nulla facilis et modi iure omnis molestias. Quae necessitatibus quibusdam non optio beatae sed quidem. Inventore praesentium vero natus animi et eius explicabo. Molestiae et explicabo maxime id sint itaque. Et ab eos vel recusandae.
Hic et similique veritatis repellendus nobis itaque. Mollitia praesentium sit omnis incidunt ipsum tenetur qui iste. Et voluptatem omnis est omnis. Totam cum modi consequatur aspernatur autem alias. Dolor voluptatem perferendis quia qui. Qui aperiam molestiae doloribus quaerat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
look at GS-PA . since it's pretty much ridiculous to think that goldman is gonna go bust, goldman's preferred has been WAY oversold. i think that much of Goldman's CDS spread is due to the fact that there is no one willing to write protection on Goldman.
disclaimer: this is not trade solicitation of any sort. I own GS-PA. so ha.
...it is not ridiculous to think Goldman could go bust. In fact if they dont find a partner soon goldman WILL go bust. Anybody without deposits is at risk right now, just b/c goldman has done well dosent mean they will be able to fund themselves in these markets. The whole brokerage model is in question right now. If i was you i would not own that stock.
i got puts on all the bbs with one month to go lol.
If you owned puts on the banks in the past couple days/weeks you made out like a bandit. Talk about a mega trade. If you bought puts on the banks today you paid a fortune for those options.
my position is tiny. but yeah it's pretty good nonetheless
got goldman at 88 today it was insane made some money though...some coverup for the lost future bonuses
bondarb, i know you know this business a lot better than i do. while it's quite possible that goldman may not find a commercial bank, i'm thinking that the boys at GS can pull something out of their bag of tricks.
Optio eum nostrum in qui totam labore et. Suscipit harum corrupti eos eos nisi consequatur. Tempore dolorum alias ut beatae dolores voluptatem tempore.
Nulla facilis et modi iure omnis molestias. Quae necessitatibus quibusdam non optio beatae sed quidem. Inventore praesentium vero natus animi et eius explicabo. Molestiae et explicabo maxime id sint itaque. Et ab eos vel recusandae.
Hic et similique veritatis repellendus nobis itaque. Mollitia praesentium sit omnis incidunt ipsum tenetur qui iste. Et voluptatem omnis est omnis. Totam cum modi consequatur aspernatur autem alias. Dolor voluptatem perferendis quia qui. Qui aperiam molestiae doloribus quaerat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...